#localisingglobalisation

The dual supply and demand shocks from the Covid-19 pandemic are expected to cause a global recession. In the last several weeks, global supply chains have been disrupted as workers are locked down, factories shut, and closed borders and terminals block supplies and cargo. Aggregate demand has collapsed. The pandemic threatens to usher in a phase of economic insularity, through efforts at localisation of supply chains and stricter immigration controls. On this edition of the big picture we analyse how globalization is likely to be localized. Expert Panel Name :  Dr. Arvind Virmani, Chairman, EGROW Foundation & Former Executive Director, IMF Aruna Sharma, Former Secretary, Ministry of Steel, GoI     K.A. Badarinath, Senior Journalist  Anchor- Frank Rausan Pereira https://www.youtube.com/watch?v=5NZYiEWnIjg Category : News & Politics Latest Current Affairs Read UPSC Current affairs and Daily News Analysis from Best IAS Academy in Bangalore Vignan IAS Academy Daily Current affairs and News Analysis Best IAS Coaching centers in Bangalore Vignan IAS Academy Contact Vignan IAS Academy Enroll For IAS Foundation Course from Best IFS Academy in Bangalore Read the full article