Psychology, asked by nandadeepthi2003, 5 months ago

how can globalization become better in current situation​

Answers

Answered by anjali5087
26

Explanation:

Globalization, since the Brexit and Trump shocks of 2016, has been shaped by a tug of war between economic fundamentals and policy threats. But predictions that globalization would collapse under a wave of economic nationalism have proven no more accurate than proclamations of a flat world that dominated the global business discourse a decade ago. The new DHL Global Connectedness Index (which we co-authored with Phillip Bastian) demonstrates that the world ended 2017 more globalized than ever before. While 2018 brought new obstacles — from tariff tiffs to blocked acquisitions — the result was a shifting playing field rather than an end to global business competition. How should executives

think about building their businesses amid such turbulence? Since smart business decisions depend on accurate perceptions of the environment, executives should begin with a clear-eyed view of how globalization measures are trending.

In 2017, strong growth across most of the world propelled the DHL Global Connectedness Index to a record high. The proportions of trade, capital, information, and people flows crossing national borders all increased significantly. The last time that happened was 2007.

Answered by Anonymous
5

Answer:

Hope it helps have great day

Explanation:

These movements have good reasons to mistrust globalization, and even more so now. The scarcity of vital materials – from face masks to yeast – highlighted the low resilience of the global supply chains that produce so much of what we use, owing to their excessive concentration in a few countries and the lack of essential stockpiles. Moreover, globalization has created many losers within individual countries, especially in the developed world.

This phenomenon has been particularly marked in the United States, where the average income of the poorest 50% actually fell between 1980 and 2010. The delocalization of production is certainly not the only reason (the effects of automation on inequality are often overlooked), but it is a significant one.

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