The Covid-19 pandemic has prompted much reflection on the state of globalisation, its drawbacks at a time of worldwide disruption, and the supposed benefits of retreating to the national sphere. In this sense, as in many others, the current crisis has accelerated pre-existing tendencies.
The global trade-to-GDP ratio – one of the main indicators of globalisation – has followed a downward trend since 2012, and anti-globalist political movements have been gaining in popularity for some time.
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