The Swiss resort town of Davos is the site of a vigorous debate about the future of globalisation [Reuters] Is globalisation dead? That’s one of the big questions on minds at the World Economic Forum in Davos, Switzerland. The explosion in global connectivity and trade that was widely taken for granted for decades is certainly under pressure. From the COVID-19 pandemic to the United States-China rivalry, Brexit and the war in Ukraine, a confluence of factors is challenging the long-held assumption that business and investment should be able to move freely across borders. Where once the cost of doing business drove investment decisions, firms must now consider geopolitical and national security factors that increasingly drive governments’ policymaking. Tinglong Dai, an expert in globalisation at Johns Hopkins Carey Business School, is of the view that globalisation, while not dead, is at least struggling to survive. “In the coming years, we may see the emergence of a ‘supply chain iron curtain’, where Western countries maintain high levels of free trade, investment and movement of people among each other but scrutinise links with China, Russia, and the like,” Dai told Al Jazeera. “This means that free trade in goods and services in […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
