The freedom to travel anywhere in the world, integrated global supply chains and thriving interconnected markets and national economies have been somewhat absent over the past year. Since March 2020, we’ve seen travel restrictions and quarantines, national lockdowns, high unemployment and business closures instead.

The effects of the COVID-19 pandemic have been felt on virtually every single country’s economy. In fact, as from September 2020, every advanced economy was in a recession or depression, whilst all emerging economies are in a recession.

Many would argue that the interconnection and dependency between countries, a cause of…

Read more…

Share.

Comments are closed.