It is a tough analogy to compare the words of Mark Twain that the reports of his death were greatly exaggerated with the idea of globalization. But it is so true. During the pandemic, there has been endless commentary that the coronavirus has signaled the end of the era of globalization. Just like the reports of the death of Twain, this notion is at best premature.

The commentary is based on instant market distortions and not reality. Globalization is a natural part of the human condition. It is the political, cultural, and economic version of evolution. It had existed thousands of years before Thomas Friedman popularized it for the current period. As Israeli historian Yuval Noah Harari explains in his book, “Cultures began swallowing and absorbing others from the earliest times of history.”

The analysts are questioning whether globalization will continue to be a trade force in the world after the pandemic is over. They are…

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