On Crisis Moments and Paradigm Shifts – Will this Pandemic derail Globalization?

The current pandemic has led to a dramatic contraction in global trade. Lockdowns and travel restrictions have disrupted international supply chains and the movement of people. It has also exposed national vulnerabilities that governments will need to address and has advanced the rise of anti-globalist sentiments. We are looking at a shift in the balance of national autonomy and globalization.

At the same time, there is no doubt that the pandemic is a global challenge that requires a multilateral response. This Global Table will provide insights on the effects this crisis will have on globalization. Which parts of the economy will experience a rebalancing of efficiency and resilience? Which sectors might see an increase in globalization? How to strengthen multilateralism in order to better address future crises? And how does this crisis affect climate action?

This Global Table was part of a two-day workshop on the economic impact of the Corona pandemic, organized by Forum New Economy, a Berlin-based platform promoting innovative concepts to make economic and societal trends more sustainable.