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view source for deglobalization wikipedia jump to content main menu main menu move to sidebar hide navigation main page contents current events random article about wikipedia contact us contribute help learn to edit community portal recent changes upload file special pages search search appearance donate create account log in personal tools donate create account log in view source for deglobalization add languages article talk english read edit view history tools tools move to sidebar hide actions read edit view history general what links here related changes upload file page information get shortened url switch to legacy parser in other projects wikidata item appearance move to sidebar hide deglobalization you do not have permission to edit this page for the following reason this ip address range has been globally blocked this does not affect your ability to read wikipedia pages most people who see this message have done nothing wrong some kinds of blocks restrict editing from specific service providers or telecom companies in response to recent abuse or vandalism and can sometimes affect other users who are unrelated to that abuse review the information below for assistance if you do not believe that you have done anything wrong this block affects editing on all wikimedia wikis the ip address or range 5 135 0 0 16 has been globally blocked by jon kolbert for the following reason s open proxy webhost visit the faq if you are affected this block will expire on 04 29 8 january 2027 your current ip address is 5 135 42 194 even while globally blocked you will usually still be able to edit pages on meta wiki if you believe you were blocked by mistake you can find additional information and instructions in the stewards block wizard other useful links global blocks help i have been blocked you can view and copy the source of this page covid 19 and deglobalization in early 2020 covid 19 pandemic covid 19 caused unprecedented challenges to the global trade leading to a decline of international flows of goods and services and supply chain s simultaneously countries began to reevaluate their dependence on foreign trade and promoting their own economies accelerating the trend of deglobalization of global trade ref name 0 cite journal last li first xing date 2024 editor last md yassin editor first azlina title de globalizing trade in the wake of the covid 19 impacts and changes in the us china relation journal shs web of conferences volume 188 pages 02017 doi 10 1051 shsconf 202418802017 issn 2261 2424 doi access free ref causes of deglobalization during covid 19 the disruption of global supply chains covid 19 differed from other epidemics as it originated in a specific location and could spread widely seriously affecting the world economy and international trade as many countries have strong trade links with china both for raw materials and manufactured goods it generated a paralysis of the supply chain the disruption of supply chains on a global scale led to a restructuring of trade network s in particular china expanded its production diversified its supply sources and prioritized domestic consumption meanwhile the united states strengthened its own industries decreased reliance on chinese imports and reevaluated its trade policies and agreements overall nations are shifted their focus toward local production to overcome the economic difficulties caused by the pandemic ref name 0 however these measurements damaged the global trade and especially the economy of key manufacturing countries among the countries that were affected the most in their production china and vietnam were impacted first but falls in production were less severe compared to countries such as bangladesh mexico and turkey while in vietnam the largest drop in production was of 18 3 in bangladesh it was of 77 6 in mexico it was of 75 8 and of 59 in turkey ref cite journal last1 castañeda navarrete first1 jennifer last2 hauge first2 jostein last3 lópez gómez first3 carlos date 2020 title covid 19 s impacts on global value chains as seen in the apparel industry url https onlinelibrary wiley com doi 10 1111 dpr 12539 journal development policy review language en volume 39 issue 6 pages 953 970 doi 10 1111 dpr 12539 issn 0950 6764 ref protectionism during the global public health crisis governments started to resort to trade protection policies such as increasing tariffs to protect their industries and job markets countries began to protect their own economies and regulate the competition between domestic industries and foreign enterprises as a result countries have become less dependent on each other ref cite book last han first zhuoyan chapter research on the trend of deglobalization under the covid 19 pandemic date 2022 volume 653 title proceedings of the 2022 international conference on social sciences and humanities and arts ssha 2022 chapter url https www atlantis press com proceedings ssha 22 125972618 doi 10 2991 assehr k 220401 194 isbn 978 94 6239 560 2 ref the us and china for example heightened tariffs on each other and tightened trade regulations leading to a de globalization trend in global trade ref name 0 protectionism can in the short term protect national industries and respond to economic crises however over time it damages the overall well being and economic efficiency especially for businesses industrial advancing the instability of the global economy caused by the pandemic led to the reorganization of global trade chains so countries could rely more on their internal supply chain s to guarantee a competitive advantage countries began to invest in new technologies and on the efficiency of their national industries during the covid 19 pandemic china s manufacturing industry experienced significant growth particularly in medical devices and life sciences meanwhile the united states tightened foreign restrictions in industries to enhance its competitiveness these measures increased national self sufficiency as well as restrictions in science and technology between countries that compromised scientific progress and human development ref name 0 return to deglobalization retrieved from https en wikipedia org wiki deglobalization privacy policy about wikipedia disclaimers contact wikipedia legal safety contacts code of conduct developers statistics cookie statement mobile view search search view source for deglobalization add languages add topic