Deglobalization: The New Normal or The Need of the Hour?

  • Sanjana S
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  • Sanjana S

    LL.M. Student at O.P. Jindal Global Law University, Sonipat, India.

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Abstract

The COVID-19 pandemic has played a major role in every aspect of the world. This deadly virus has not only been a threat to humans and affected their life, it has also affected the health of the world economically to a very great extent. With the advent of this virus followed a lockdown, where the people all across the globe were constrained to their own homes and the freedom of their movement was restricted as this virus possessed to be a grave threat to mankind. These pandemic lockdown phases caused a downfall in the economy which further led to recession, unemployment, decrease in the trade globally and much more. The world was no more following the process of globalization in this era because each nation-state was concerned with their personal progress and profitability rather than focusing on these aspects globally. Hence, the process of deglobalization had taken over. However, since change in times need change in ways, we have to adapt ourselves to a more well-structured and refined method of globalization – Deglobalization. This paper aims to explain the effects of COVID-19 on the global front and further aims to explain as to why the process of Deglobalization should be adhered to on the global front.

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 5, Issue 4, Page 738 - 744

DOI: https://doij.org/10.10000/IJLMH.113383

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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