FT Transact
Globalisation – from slowdown to stasis?
Covid-19 won’t mark a turning point for globalisation itself, reveals new research from UBS, as it’s been in retreat for the better part of 15 years. But post-pandemic, globalisation may move from slowdown to complete stasis, if supply chains shorten, protectionism including in services increases and Chinese growth moves towards more homegrown consumption.
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