How Slowbalisation Has Led to A Decline in the Trading in Goods and Services (Essay Sample)
th e paper required the student to discuss slowbalisation which is the reaction against globalization characterized by the slowdown in global integration. the stydent was to answer three questions. question one was to discuss how slowbalisation has led to a decline in the trading in goods and services , and access of loans. question two required the student to discuss how america’s policies have led to slowbalisation. finally, question three rquired the student to answer how firms can adapt to slowbalisation by shifting away from physical goods to intangible ones
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Slowbalisation
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Question one
Slowbalisation is the reaction against globalization characterized by the slowdown in global integration. Slowbalisation is the slower growth of GDP, decline in FDI and capital flows, and changes in in supply chains worldwide (D’Urbino, 2019). The slowdown is said to have started in the aftermath of the 2007-2008 financial crisis. World trade dropped from 61% GDP to 58%.
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