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January 4, 2023 60 mins
Does Globalization have the legs to stand the onslaught of political turbulence, geopolitical fractures, pandemic impacted supply chains, tariff wars and the first land war in Europe in decades? Seems disruptive! Can the interconnectedness between the countries created by the movement of goods and services coupled with capital, people, data, ideas and cross-border innovation keep driving the bonds of Globalization? Information technology has bought the world together and has developed a very strong connection and dependencies where no region is self-sufficient for all its needs. Will the fate of Globalization be decided by Governments or Multinational companies with their impact on economies? The combined Market cap of the top five companies by market cap is almost equal to the GDP of the bottom more than 150 countries. Who will impact the future of Globalization?
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