Hostname: page-component-cd9895bd7-dzt6s Total loading time: 0 Render date: 2024-12-22T06:31:19.415Z Has data issue: false hasContentIssue false

De-Globalisation and Decoupling: Post-COVID-19 Myths versus Realities

Published online by Cambridge University Press:  27 January 2021

Peter Williamson*
Affiliation:
University of Cambridge, UK

Abstract

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Dialogue, Debate, and Discussion
Copyright
Copyright © The Author(s), 2021. Published by Cambridge University Press on behalf of The International Association for Chinese Management Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

AmCham China. 2019. Business climate survey launch. [Cited 11 November 2020]. Available from URL: https://www.amchamchina.org/policy-advocacy/business-climate-survey/Google Scholar
Beattie, A. 2020, May 28. Will COVID-19 sink globalisation? Financial Times, S1–2.Google Scholar
Buckley, P. 2019. The role of international business theory in an uncertain world. In Van Tulder, R., Verbeke, A., & Jankowska, B. (Eds.), International business in a VUCA world: The changing role of states and firms: 2329. Bingley, UK: Emerald Publishing Lmt.CrossRefGoogle Scholar
Canno-Kollman, M., Cantwell, J., Hannigan, T. J., Mudambi, R., & Song, J. 2016. Knowledge connectivity: An agenda for innovation research in international business. Journal of International Business Studies, 47: 255262.CrossRefGoogle Scholar
Doz, Y., Santos, J., & Williamson, P. 2001. From global to metanational: How companies win in the global knowledge economy. Boston, MA: HBS Press.Google Scholar
The Economist. 2020, October 10. Business: The global shipping industry, 59–61.Google Scholar
Evans, J. 2020, May 28. Flexible networks hold up as storm buffets foodmakers. Financial Times, S3–4.Google Scholar
Hansen, S. 2020, October 19. China's economy continues rebound with 4.9% growth in third quarter. Forbes. [Cited 13 November 2020]. Available from URL: https://www.forbes.com/sites/sarahhansen/2020/10/19/chinas-economy-continues-rebound-with-49-growth-in-third-quarter/CrossRefGoogle Scholar
Javorcik, B. 2020. Global supply chains will not be the same in the post-COVID-19 world. In Baldwin, R. E. & Evenett, S. J. (Eds.), COVID-19 and trade policy: Why turning inward won't work: 111116. London, UK: CEPR Press.Google Scholar
Kim, B-h., Kim, S-g., & Kim, M. 2020, April 9. Korean-made COVID-19 testing kits demanded by over 100 countries. Maeil Business News Korea. Available from URL: https://pulsenews.co.kr/view.php?year=2020&no=374050Google Scholar
Lee, C-G. 2020, May 10. Pandemic prompts companies to weigh reshoring. Korea JoongAng Daily. [Cited 12 November 2020]. Available from URL: https://koreajoongangdaily.joins.com/2020/05/10/finance/company-korean-companies-korea-companies/20200510203500109.htmlGoogle Scholar
Manyika, J., Bughin, J., Lund, S., Nottebohm, O., Poulter, D., Jauch, S., & Ramaswamy, S. 2014, April 1. Global flows in a digital age. McKinsey Global Institute. [Cited 14 November 2020]. Available from URL: https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/global-flows-in-a-digital-ageGoogle Scholar
McKinsey & Company. 2020, October 9. COVID-19 and supply-chain recovery: Planning for the future. Washington, DC: McKinsey Global Publishing. Available from URL: https://www.mckinsey.com/business-functions/operations/our-insights/covid-19-and-supply-chain-recovery-planning-for-the-futureGoogle Scholar
Miroudot, S. 2020. Resilience versus robustness in global value chains: Some policy implications. In Baldwin, R. E. & Evenett, S. J. (Eds.), COVID-19 and trade policy: Why turning inward won't work: 117130. London, UK: CEPR Press.Google Scholar
Pooler, M., & Keohane, D. 2020, April 11. European ports and warehouses braced for surge in containers. Financial Times. Available from URL: https://www.ft.com/content/ef13051e-9a18-40cd-a24d-45ceeee0a519Google Scholar
Rathke, S. & O'Connell, J. E. 2020, April 30. Global supply chains in the wake of COVID-19 in socially critical industries – Is it time to reshore? Lexology. [Cited 13 November 2020]. Available from URL: https://www.lexology.com/library/detail.aspx?g=40c6d60a-2794-44ec-8311-27b1649f9962Google Scholar
Santos, J. F., & Williamson, P. J. 2015. The new mission for multinationals. MIT Sloan Management Review, 56(4): 4555.Google Scholar
Santos, J., Doz, Y., & Williamson, P. 2004. Is your innovation process global? MIT Sloan Management Review, 45(4): 3137.Google Scholar
Steinnmeier, F.-W. 2020, March 30. Five world leaders: No time for geopolitical turf battles. Financial Times. Available from URL: https://ft.com/content/c0178836-7274-11ea-90ce-dfb6c07a27f2Google Scholar
Varas, A., & Varadarajan, R. 2020, March 9. How restricting trade with China could end US semiconductor leadership. Boston Consulting Group. Available from URL: https://www.bcg.com/en-us/publications/2020/restricting-trade-with-china-could-end-united-states-semiconductor-leadershipGoogle Scholar
Verbeke, A. 2020. Will the COVID-19 pandemic really change the governance of global value chains? British Journal of Management, 31(3): 444446.CrossRefGoogle Scholar
The World Bank. 2020. Trade (% of GDP). [Cited 13 November 2020]. Available from URL: https://data.worldbank.org/indicator/NE.TRD.GNFS.ZSGoogle Scholar
World Economic Forum. 2020, February 27. Coronavirus is disrupting global value chains. Here's how companies can respond. Available from URL: https://www.weforum.org/agenda/2020/02/how-coronavirus-disrupts-global-value-chains/Google Scholar
World Trade Organization. 2020a, April 8. Trade set to plunge as COVID-19 pandemic upends global economy. [Cited 11 November 2020]. Available from URL: https://www.wto.org/english/news_e/pres20_e/pr855_e.htmGoogle Scholar
World Trade Organization. 2020b, October 6. Trade shows signs of rebound from COVID-19, recovery still uncertain. [Cited 11 November 2020]. Available from URL: https://www.wto.org/english/news_e/pres20_e/pr862_e.htmGoogle Scholar
Yu, S., Liu, X., & Mitchell, T. 2020, May 10. Chinese companies rush to exploit global medical equipment shortages. Financial Times. Available from URL: https://www.ft.com/content/875d9cf3-b5db-43da-8045-fa28c84cf972Google Scholar