Globalization has caused a growth in international trade
Predictions about the death of globalization were, in hindsight, grossly exaggerated. Coronavirus recovery efforts were initiated very early, on a global scale, compared to two other major economic crises of the past 100 years. Credit: NASA/Public domain.

The outbreak of COVID-19 could be used as a building block to reinforce international co-operation and strengthen the pillars of globalization

By Sylvanus Kwaku Afesorgbor, Binyam Afewerk Demena & Peter A.G. van Bergeijk.

Globalization is a multifaceted concept that describes the process of creating networks of connections around the world. It involves the interdependence of national economies and the integration of information, goods, labour and capital, to name a few.

In recent years, globalization has been the subject of growing discontent and criticism, particularly after the election of former US president Donald Trump, Brexit and the American refusal to appoint members to…

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