The world economy will need even more globalization in the post-pandemic 2021 decade

Instead of the dire predictions of a post-pandemic world characterized by increased global risks, decoupling of economies, shake-up of global value chains, and the retreat of globalization, this article proposes that the changes induced by heightened nationalism and protectionism will be marginal ra...

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Detalles Bibliográficos
Autor principal: Contractor, Farok J.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2021
Materias:
Point
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7848245/
https://www.ncbi.nlm.nih.gov/pubmed/33551513
http://dx.doi.org/10.1057/s41267-020-00394-y
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author Contractor, Farok J.
author_facet Contractor, Farok J.
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description Instead of the dire predictions of a post-pandemic world characterized by increased global risks, decoupling of economies, shake-up of global value chains, and the retreat of globalization, this article proposes that the changes induced by heightened nationalism and protectionism will be marginal rather than fundamental in nature. These marginally higher risks can easily be handled and ameliorated by multinational enterprises through alternate cross-border business strategies and emerging technologies. Moreover, the paper gives reasons why the future world economy will need even more globalization.
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spelling pubmed-78482452021-02-01 The world economy will need even more globalization in the post-pandemic 2021 decade Contractor, Farok J. J Int Bus Stud Point Instead of the dire predictions of a post-pandemic world characterized by increased global risks, decoupling of economies, shake-up of global value chains, and the retreat of globalization, this article proposes that the changes induced by heightened nationalism and protectionism will be marginal rather than fundamental in nature. These marginally higher risks can easily be handled and ameliorated by multinational enterprises through alternate cross-border business strategies and emerging technologies. Moreover, the paper gives reasons why the future world economy will need even more globalization. Palgrave Macmillan UK 2021-02-01 2022 /pmc/articles/PMC7848245/ /pubmed/33551513 http://dx.doi.org/10.1057/s41267-020-00394-y Text en © Academy of International Business 2021 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Point
Contractor, Farok J.
The world economy will need even more globalization in the post-pandemic 2021 decade
title The world economy will need even more globalization in the post-pandemic 2021 decade
title_full The world economy will need even more globalization in the post-pandemic 2021 decade
title_fullStr The world economy will need even more globalization in the post-pandemic 2021 decade
title_full_unstemmed The world economy will need even more globalization in the post-pandemic 2021 decade
title_short The world economy will need even more globalization in the post-pandemic 2021 decade
title_sort world economy will need even more globalization in the post-pandemic 2021 decade
topic Point
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7848245/
https://www.ncbi.nlm.nih.gov/pubmed/33551513
http://dx.doi.org/10.1057/s41267-020-00394-y
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