Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261900 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] BRQ Business Research Quarterly [ISSN:] 2340-9436 [Volume:] 24 [Issue:] 3 [Publisher:] Sage Publishing [Place:] London [Year:] 2021 [Pages:] 199-203
Publisher: 
Sage Publishing, London
Abstract: 
The Covid-19 pandemic has exposed many of the weaknesses in our current systems of government and commerce. In this essay, I provide some historical context to the recent era of "hyper-globalization." I then present multiple factors-economic, social, political, technological, and governance-related - that collectively explain why globalization has peaked and is on the retreat. Following this, I use the analogy of a three-legged stool to explain the importance of recalibrating the economy, state, and society so as to realize a healthier alignment among them. Finally, I look at where globalization might be going next and the implications for firms, concluding with some lessons that we can take away from the COVID crisis.
Subjects: 
crisis management
globalization
internationalization
Multinationals
pandemic
transformation and change
JEL: 
M10
M16
M19
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

Files in This Item:
File
Size
179.75 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.