Transitioning From Globalized to Localized and Self-Reliant Economies

Book excerpt: The outbreak of COVID-19 had a profound impact on global economic growth. Global trade has transformed drastically and will only continue to do so as countries vote on export and import decisions based on global competition. Many countries would be compelled to reconsider multi-country trade deals as internal interests will push and dictate them. More important than ever, it is imperative that self-reliant economies be investigated specifically in the post-COVID-19 era in order to understand the impacts made on international ties and trade agreements. Transitioning From Globalized to Localized and Self-Reliant Economies is a comprehensive reference source that looks at how economies are now moving towards becoming self-reliant, especially in the wake of the COVID-19 pandemic. Covering topics such as digitalization, technological innovation, and personal finance, this is a beneficial resource for economists, executives, managers, government officials, policymakers, entrepreneurs, IT departments, human resource managers, CEOs, students, researchers, and academicians.