Although the flow of information is largely free
outside China, the movement of people, goods and capital is not.
Travel is restricted, limiting the scope to find work, inspect plants and drum up orders. Some 90% of people live in countries with largely closed borders. Many governments will open up only to countries with similar health protocols:
The pandemic will politicise travel and migration and entrench a bias towards self-reliance
Inward-looking vs globalization
Moreover, a fractured world will make solving global problems harder, including finding a vaccine and securing an economic recovery.
Travel is restricted, limiting the scope to find work, inspect plants and drum up orders. Some 90% of people live in countries with largely closed borders. Many governments will open up only to countries with similar health protocols:
The pandemic will politicise travel and migration and entrench a bias towards self-reliance
Inward-looking vs globalization
Moreover, a fractured world will make solving global problems harder, including finding a vaccine and securing an economic recovery.
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