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The fear of suffering is worse than the suffering itself. |
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1. COVID has impacted an end to globalisation. It means globalisation is death and COVID has a role in it.
2. COVID has triggered an end to globalisation. It means COVID has presented itself a serious challenger for Globalization. point 4 (multiple challenges), 3 ( how has globalisation..) and 5 (blueprints) mean your main paragraphs |
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The fear of suffering is worse than the suffering itself. |
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Covid-19 has triggered an end to globalisation.
Such topics are not my forte but I have tried to analyze to the best of my knowledge. Be critical, and evaluate it.
Covid-19 has triggered an end to globalisation. 1) Introduction Covid-19 has the potential to start the process of de-globalization in certain domains but it will not end it altogether. However it is true that it has exposed weaknesses of rhetoric of the free economic world order. In doing so, COVID 19 has the potential to trigger regionalization as a substitute to globalization. 2) Globalization was already in doldrums even before COVID 19: case of economic crunch of 2008 and trade wars between USA and China 3) Evidence that Covid 19 will amplify the process of de-globalization in certain domains i) Replacement of long supply chains with local supply chains and utilization of domestic manpower -- end to mantra of cheap labor ii) More uglier and intense trade wars due to economic loss caused by COVID 19 iii) Rise of populism and anti-global leaders in post Covid 19 world -- alteration of liberal world order iv ) Leadership vacuum left by the liberal West and increasing role of Communist China – start of new Cold war v) Mass migration caused by Covid 19 and more Walls and anti-migrant laws—death to "American Dream" of globalized world vi) Deepening inequalities in COVID 19 times and an inward-looking world—antithesis of global village vi) Ineffective and lethargic role of global institution in the pandemic of COVID 19 and eroded trust in their capacity to solve global problems: case of failure of World Health Organization 4) Areas where Globalization will continue to flourish in post-Covid 19 world i) Flow of ides ii) World trade and business chains iii) Transfer of technology iv) People movement 5) How Coivd 19 has the potential to trigger regionalism as a substitute to globalization i) Inward looking states will prefer local trade by creating regional blocs – rise of trade barriers ii) Failure of global institution will increase importance of regional organizations 6) Can globalization be saved? Yes: For globalization to flourish in post-Covid 19 world it will have to: i) Become more equitable ii) Become more sensitized to the need of under developed world iii) Transfer of technology to end dependence of third world over first world iv) Responsible role of leaders of liberal world order and institutions: Climate change is test case in Post Coivd-19 world 7)Conclusion |
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