The war in Ukraine is sparking conversations around the end of globalization, but some industry experts are convinced otherwise.
In a Knowledge at Wharton article, Wharton management professor Exequiel (Zeke) Hernandez notes that predictions about the end of globalization have been made before, especially during the Great Recession of 2008.
He believes that it takes much more than a conflict between two countries to destroy the economic fundamentals of international trade.
“Unless you have authoritarianism and protectionism rise to a level where every country wants to be economically self-sufficient, you are not going to make a big dent,” he added.
What’s your take on the impacts of the pandemic and the Russia-Ukraine war on globalization?
