W11 What may cause reduction in globalization (trade and contacts between different countries)? /SooBin Moon
What may cause reduction in globalization
(trade and contacts between different countries)?
I reflected on my recent experience and thought of two factors that could reduce globalization. The first phenomenon that can reduce globalization is the same disaster situation as it is now. The situation in which countries cannot travel or trade with each other due to natural disasters prevents globalization.
The second phenomenon that could reduce globalization is political conflict. If political conflicts within one country occur and think it is dangerous, other countries do not visit that country. At this time the country is isolated from the world during the conflict. And before the spread of the Corona virus, Korea's relations with Japan deteriorated and Koreans did not go on trips to Japan without buying Japanese goods. As such, relations between certain countries may deteriorate due to political problems and globalization may decrease.
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