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Cartoon by GIS

Relevance beyond the crisis: Globalization is not going away

Contrary to the popular narrative, the COVID-19 crisis has not convinced companies that globalization is a bad move. In fact, the lesson of the pandemic is that firms need to broaden their supply chains and diversify their providers. Governments, however, will take advantage of the situation to push nationalization and subsidies by scaring the public about hypothetical disruptions.

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