Claims That Globalization Is Dead Is Fundamentally Wrong
The Global Small Business Blog
SEPTEMBER 22, 2023
©iStock/mrjo2405 Everywhere we are seeing claims that “ globalization is dead.” Such declarations are fundamentally misguided (wrong). Globalization is changing. That's about it. The system we are moving toward is more complicated than a reversion of global interconnection. In many cases, trade is simply being rerouted rather than shut down. Most commercial industries will remain open and global, but certain critical sectors will turn inward, toward localized supply chains.
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