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Coronavirus Pandemic——the Reverse and Impact of Globalization

Ming Liu

Abstract


Globalization process was interrupted by the pandemic. Is the pandemic the turning point from globalization to deglobalization? Comparative Advantage theory does not support this point. So what is the impact to globalization?

Keywords


Pandemic; Reverse of Globalization; Comparative Advantage; Production Efficiency; Productive Surplus

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References


WHO: Matt Craven, Linda Liu, Mihir Mysore, and Matt Wilson, COVID-19: Implications for business.

Hutt, R., the economic effects of COVID-19 around the world.

Saplakoglu, Y., Rettner, R., (2020) Coronavirus outbreak: Live updates, https:// www. livescience.com/.

Tam, N., (2020) Resumption of work at Apple supplier Foxconn factories in China beats expectations, founder says, https://www. scmp.com.

European Centre for Disease Prevention and Control, (2020), An agency of the European Union, https://www.ecdc.europa.eu/en/ covid-19.

Collins, J., Abdelal, N., (2020), Spread of Disease, https:// calculate.org.au/

Mie, O., (2020), Coronavirus and the Future of Globalization -The pandemic may exacerbate an existing tendency for countries to turn inward,https://thediplomat.com/.




DOI: http://dx.doi.org/10.18686/fm.v7i2.4358

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