Event Reports

KAS Japan Weekly COVID-19 Updates

by Cristita Marie Perez

COVID-19 and globalization

COVID-19 is forcing a re-examination of globalization. As economies reopen, analysts have observed growing bias towards self-reliance and worrying trends on the politicization of travel and migration.

Key messages include:

 

1. Countries are favoring protectionist policies.

 

2. Travel restrictions will limit the scope of finding employment and the flow of capital and investment.

 

3. Globalization as we know it might be ending; what may replace it is a cause of growing concern.