Re-Globalization, With Hiccups - The Globalist

Re-Globalization, With Hiccups
A new era of globalization is dawning, but it is accompanied by serious challenges.
By Andrés Ortega, June 3, 2021
Takeaways
The world is witnessing a re-globalization, with cross border flows of goods and capital on the up.
For those who believe that the era of globalization is over, think again. In economic terms at least, we are seeing a re-globalization of sorts, with cross-border flows of goods and capital on the up.
The COVID-19 pandemic certainly led to some setbacks. In fact, cross-border trade declined more during March and April 2020 than it did during the Great Depression of 1929. However, the recovery has been faster than expected.

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