COVID-19: The Future of Globalization and Development

NYUAD Institute

November 10, 2020 Globalization has been the most progressive force in the history of humanity, bringing more progress, more quickly, to more people than anything preceding it. And yet, globalization appears more unpopular than ever as it leads to more risks. COVID-19 will not kill globalization; on the contrary it will accelerate its growth and transformation. Globalization will increasingly be centered on East Asia, which accounts for half of the world’s population and the fastest growing economic region. The region's rapid recovery from the COVID-19 crisis and its increasing economic and political role, along with the relative decline of US economic and political power, will change the nature of globalization. Speaker Ian Goldin, Professor of Globalization and Development and Director of the Oxford Martin Programme on Technological and Economic Change, University of Oxford