Burst Of The “Globalization Bubble” Under The Pandemic (2)

The pandemic has caused a global plague, destroying the myth of globalization that has lasted for the last two decades. 700 years ago, after the ravages of the Black Death in Europe, mysticism, irrationalism, and xenophobia rose, disintegrating the original culture of Europe and prompting the decline of the Middle Ages. Although the pandemic now will not cut off global connection, it has laid down the seed of globalization decline. The order that we take for granted in the past decades may never return.

2. Business travel will be reduced

The world is having the largest “work-from-home” experiment. Being suspended from physical interaction, employees now work through the Internet. Similar revolutions have also swept corporate management while numerous international conferences have been cancelled, cross-border business travel has been reduced significantly and replaced with video conferencing and chat applications.

Business travel is used to be a general practice and continued to grow yearly, but the pandemic proved that it is not necessary to have face-to-face meetings. More time-saving and money-saving online conferences are feasible. Besides, many countries have raised concerns about greenhouse gas emissions from aircraft in recent years. Environmentalists have advocated low-carbon travelling. Therefore, even if the pandemic recedes and business travel resumes again, it is believed that the original continuous growth trend is unsustainable. And companies can advertise their environmental awareness to improve the market image.

3. Raise of protectionism

With the continuous increase in the infectious figures, the suspicion of foreigners spreading the virus is increasing, and the threat is becoming more and more specific. Even though international leaders shout out “cross-border cooperation for the anti-epidemic campaign”, many have made a U-turn in their action. Canadian Prime Minister Justin Trudeau, whose liberal image is deeply rooted in the people’s hearts, announced blockade measures and close all external gateways except the United States, which is even more ruthless than the US President Donald Trump who has always advocated border control.

It will be a profound experience for international leaders and communities after the crisis. Countries are not well prepared and assistance from neighbouring countries or allies is unreliable. At the same time, many Western countries have just awakened and found a large number of medical materials are heavily dependent on “Made in China”, and they have to adopt temporary export restrictions to satisfy internal demand in a hasty manner.

Taiwan makes a good example of restricting the exportation of surgical masks, and at the same time increasing local production capacity to achieve internal demands. Now it has become a global anti-epidemic model.

After the pandemic, the top priorities of national considerations is to ensure sufficient local production for internal demands, and it will become a topic that politicians eager to raise. In the long run, groups that advocate for a strong government may try to let more people believe that social interest is higher than that of individuals. Also, WHO ’s poor coordination as an international organization may be regarded as a failed demonstration of global cooperation, and people will believe more in their national strength. Undoubtedly, the world in the post-pandemic time is destined to be evolved and changed drastically.

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2 thoughts on “Burst Of The “Globalization Bubble” Under The Pandemic (2)

  1. Hi there,
    This is the first time I visit your blog and I find it very informative. Thank you for sharing your thoughts. I bet I will keep coming back.
    By the way, I am a new blogger and I made a challenge to myself to visit at least 10 blogs everyday for the next 21 days. During my visit I will leave a comment on each blog and put your blog link on the list of blogs I have visited. Hope you can visit my blog too.

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