Globalisation under the spotlight at Davos

Globalisation under the spotlight at Davos

DAVOS, Switzerland — The question of whether the coronavirus pandemic and the war in Ukraine have sounded the death knell for globalisation has dominated the World Economic Forum (WEF) in Swiss resort Davos.

Some believe the crises have unleashed an opportunity for a transformation of international trade and supply chains as the world economy slows down.

Once advocated by anti-globalisation movements, far from the quiet rooms at Davos, talk of "deglobalisation" is back in the face of supply chain disruptions linked to the Ukraine conflict and lockdowns in China.