Is Globalization likely to continue or has it reversed? Briefly explain why and what this might...

Is Globalization likely to continue or has it reversed? Briefly explain why and what this might mean for the future of Finance and Investment?

Expert Solution

Globalization means, is the process of interaction and intergration among people, companies and governments worldwide. For the past 4 decades globalization and urbanization have been increase. Global trade increased from 40% of the world's GDP in 1980 to over 60% today but covid 19 will reverse both of there trends. Covid 19 isolated more people. Covid 19 has put globalization in to reverse there are lot of companies closed it increses unemployed rate and it decreases migration flow. But this only a temporary but the world after covid 19 will be on of globalization. It will come back stronger then ever. Investment is going to increase in coming years but it not fast. Globalization will continue to move forward because modernization has grown so much, no other country can survive without the help of one country. There will be more investment in the digital sector .

Rahul Sunny answered 2 years ago

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