Coronavirus and the Future of Globalization

Amb Gautam Bambawale, Prof C. Raja Mohan, Mr Rajesh Bansal, Dr Rudra Chaudhuri.

10 April 2020

The coronavirus pandemic has brought into sharp focus questions about the future of globalization. As nations around the world close their borders, halt international trade, and craft national responses to limit the spread of the disease, the current crisis has reinforced nationalist rhetoric on economic protectionism and anti-immigration. Nevertheless, the global spread of the pandemic has also underlined the need for greater international cooperation as countries pool efforts to develop medical countermeasures and extend assistance to the worst-hit regions. Is this really the end of globalization? In the face of this crisis, what role can digital assets, such as cryptocurrency, play in bolstering the global economy? Where does India stand at this testing time? What will the future of Sino-Indian relations look like in a post-COVID world?

 

Carnegie India hosted a virtual discussion with Gautam Bambawale, C. Raja Mohan, and Rajesh Bansal, in which they examined the implications of this pandemic for globalization. This was moderated by Rudra Chaudhuri.