Problem
Read the briefing articles, " Slowbalisation ", The Economist , January 26, 2019, pg. 23-26, " Goodbye Globalisation " and " Torn Apart ", The Economist , May 16, 2020, pg.7, and pg. 59-61. The articles are available on Canvas.
I. According to the briefing article "Slobalisation", what is slowbalisation? Refer to the eight measures in the first two rows of Chart 1 in the article for details. What are the underlying causes of slowbalisation mentioned in the article?
II. According to the briefing article "Slobalisation", how has the pattern of world trade and commerce changed as globalization faded since 2008? According to the briefing article "Goodbye Globalisation", how has globalisation been affected by the covid-19 pandemic?
III. According to the briefing article "Torn Apart", what has been the trend for supply chains and international commerce in recent years since 2017? Refer to the Chart of Chain Reaction in the article for details. How can firms/businesses adapt to the new era?