{"id":571740,"date":"2020-05-21T04:03:13","date_gmt":"2020-05-21T04:03:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/will-the-coronavirus-spell-the-end-for-globalization\/"},"modified":"2020-05-21T04:03:13","modified_gmt":"2020-05-21T04:03:13","slug":"will-the-coronavirus-spell-the-end-for-globalization","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/will-the-coronavirus-spell-the-end-for-globalization\/","title":{"rendered":"Will the coronavirus spell the end for globalization?"},"content":{"rendered":"

Will the coronavirus spell the end for globalization?<\/strong> Globalization and the preeminence of free trade has repeatedly come in waves since the height of the Roman Empire which should give us reason to trust that global trade for the most part will remain intact, according to this Financial Times video (watch, runtime 10:08<\/a>). Following the downfall of the Roman Empire, which owed much of its success to efficient trade routes, it took several hundred years before large scale trade was carefully reinstituted by the Mongolian Empire and the Silk Road. The boom in global commerce that took place by connecting Asia to Europe eventually took a downturn after facilitating the spread of the plague to the rest of the world. But that didn\u2019t mark an end to trade. Neither did the two world wars, the Spanish Flu or the 2008 financial crisis. Globalization will likely remain afloat post-covid, but the bigger question remains whether trade as we know it will be able to survive the threats posed by climate change and cyberwarfare.<\/p>\n

It\u2019s another indication that it is time to think about history in 500-year chunks. <\/strong>That\u2019s the (oversimplified) takeaway from Jo Guldi and David Armitage\u2019s The History Manifesto<\/strong>, which asks, \u201cWhy is 500 years better than five months or five years as a planning horizon? And why is history \u2014 especially long-term history \u2014 so essential to understanding the multiple pasts which gave rise to our conflicted present?\u201d<\/p>\n

You can get The History Manifesto on <\/strong>Amazon<\/a><\/strong> if you want to read it on your Kindle or read it without charge<\/a><\/strong> on Cambridge University\u2019s open access website.<\/p>\n","protected":false},"excerpt":{"rendered":"

Will the coronavirus spell the end for globalization? Globalization and the preeminence of free trade has repeatedly come in waves since the height of the Roman Empire which should give us reason to trust that global trade for the most part will remain intact, according to this Financial Times video (watch, runtime 10:08). 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But unlike many goods, which have come to dominate our diets only during the\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/1\/306.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597208,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/development-in-emerging-markets-is-being-held-back\/","url_meta":{"origin":571740,"position":3},"title":"Development in emerging markets is being held back","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"Ominous EM outlook of the week: Deglobalization, the Chinese slowdown, and a decade of financial stimulus in advanced economies are holding back emerging markets from catching up with the developed world, Jonathan Wheatley writes in the Financial Times. Emerging markets seemed destined for alignment with the West earlier this century,\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/7\/3044.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570605,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/07\/a-new-world-order-12-leading-global-thinkers-envisage-life-after-covid-19\/","url_meta":{"origin":571740,"position":4},"title":"A new world order? 12 leading global thinkers envisage life after covid-19","author":"enterpriseam admin","date":"7 April 2020","format":false,"excerpt":"A new world order? 12 leading global thinkers envisage life after covid-19: The long-term economic and social impact of covid-19 will be profound and far-reaching, likely to deepen existing fissures in our globally interconnected world, says this Foreign Policy piece. The key takeaways: Globalization will come under fire, with fears\u2026","rel":"","context":"In "Worth reading"","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/64.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568808,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/trade-growth-between-emerging-economies-is-flatlining\/","url_meta":{"origin":571740,"position":5},"title":"Trade growth between emerging economies is flatlining","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"Trade growth between emerging economies is flatlining: Expectations that sluggish growth in developed economies would stimulate intra-EM trade look to have been proven wrong as trade between emerging economies continues to flatline, Steve Johnson writes in the Financial Times. 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