Three Scenarios for Globalisation in a Post-Covid World
Populism, protectionism and climate change have all challenged economic globalisation. This raises the question of the extent of the impact of
COVID-19 on participation in inter-regional and intra-regional value chains and on economic globalisation. In this article for
Clingendael Spectator, Frederik van Til sets out three scenarios for the potential long-term impact of the pandemic:
Localisation;
Regionalisation; and a
Continuation of globalisation. He argues that it is not important which scenario will play out, but whether global supply chains survive the resultant tensions.
https://spectator.clingendael.org/en/publication/three-scenarios-globalisation-post-covid-19-world
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