As the global economy was beginning to recover from the COVID-19 pandemic, Russia invaded the Ukraine and has been sanctioned from the West; relations between China and the U.S. have been deteriorating; and supply-chain shocks have roiled markets for food, energy and other commodities. Discussions on reshoring are on the minds of many business and political leaders. Is globalization over or is it merely changing shape?
Please join the UCLA Anderson Center for Global Management (CGM) and Professor Chris Tang in a moderated discussion with global strategy expert Jim Moffatt (’87), former global CEO and vice chairman, Deloitte Consulting. Moffatt will address the major challenges firms face during this unsettling period and explore the implications of both sides of the debate. Is globalization as the world has experienced over the last three decades dead, as Blackrock’s Larry Fink suggested in a letter to shareholders earlier this year? Or, is globalization still alive and simply evolving into a new kind of globalization that is more about security than efficiency that could change the world economy for the better, keeping the benefits of openness while improving resilience?
The discussion is also part of the Global Management Speaker Series, supported by the Class of 2022.