Is globalization over?
CAMBRIDGE - Late last year, Morris Chang, the legendary founder of Taiwans (and the worlds) leading semiconductor producer, proclaimed that “globalization is almost dead.” In a world where supply chains have been disrupted by COVID-19 and the deepening Sino-American rivalry, other commentators have echoed this view, and many companies have begun “on-shoring” and “near-shoring” their procurement of goods. But it is a mistake to conclude that globalization is over. A lot of human histo...
Source: koreatimes.co.kr