China vs US – globalisation vs protectionism
It seems China is either not alone in its concerns over a move towards global ...
© Xphi36 |
By Alex Lennane
So, what does Covid mean for globalisation? Well, it has highlighted vulnerability in supply chains, while governments have seen that long supply chains for essential items does not work well. This article argues that regional trade agreements will create barriers elsewhere, while prices will rise from re-shoring. But it also argues that trade, as it stood pre-Covid, needed some adjustments and now is the time to take those opportunities. Interesting.
Comment on this article