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Globalisation
How will the coronavirus affect globalization?
Coronavirus will erode international institutions
The Covid-19 pandemic will weaken the United Nations
The UN is under threat as the virus destabilises societies.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization has lowered prices
The free movement of goods and people has brought overheads down and allowed companies to sell products more cheaply.
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How will the coronavirus affect globalization?
Coronavirus will force us to re-imagine the international order
The Coronavirus pandemic will strengthen 'the nation'
As societies become more inward-facing, the nation will become more important to international relations.
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How will the coronavirus affect globalization?
Coronavirus will erode international institutions
Opposing interests between countries during Covid-19 will weaken the European Union
EU leaders have already come to major disagreement over notional 'corona bonds', which would share post-crisis debt amongst member states. At the heart of this disagreement is the question of sovereignty versus a shared identity.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization creates jobs
Economic liberalization has made it easier for companies to relocate, allowing them to rapidly scale up and create new jobs.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization has improved access to technology
In a hyper-connected world, new technologies spread faster between markets.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization improves productivity
Globalization improves domestic productivity by expanding knowledge. Allowing foreign imports increases competition, which forces innovation in order for companies to stay in demand.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization promotes peace
The deeper the economic ties between nations, the greater the incentive to avoid conflict.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization creates a race to the bottom
Globalization increases international competition which creates a race to the bottom.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization leaves us vulnerable to infectious diseases
In a hyper-connected world, infectious diseases can spread more rapidly, increasing the likelihood of an international pandemic.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization fuels inequality
Globalization makes the rich richer and the poor poorer.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization leads to reduced public revenues
The free movement of labour allows companies to easily relocate to tax havens.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization destroys the environment
Globalization introduces an economic model that is incompatible with environmental protection.
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How will the coronavirus affect globalization?
Coronavirus will force us to re-imagine the international order
The Coronavirus pandemic will shift the East-West power balance
The virus is realigning power dynamics around the world.
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This page was last edited on Monday, 26 Oct 2020 at 13:07 UTC
