In This Edition

Key Takeaways

The drug maker Moderna said that the first coronavirus vaccine to be tested in people appears to be safe and effective.  WHO committed to an independent review of its handling of the pandemic. Merkel and Macron announced a collective indebtedness plan to rescue lower-income EU states.

Condition Updates

A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state.

COVID-19 and Globalization

After decades of accelerating global integration, many wonder if COVID-19 will be the end of the globalization trend. Many analysts argue that globalization was already on the decline long before anyone had heard of COVID-19. At the forefront of coming changes to globalization is increased supply chain resilience. The pandemic has all but halted the movement of people and may have long-term impact on immigration systems.

Foreign Direct Investment: A Closer Look at a Key Indicator

Changes in FDI represent a material indicator for economic interconnectedness. Falling FDI over the past decade underlies many assessments that globalization has been in decline.  Since the onset of the coronavirus pandemic, changes in FDI have already emerged as preliminary sign of shifting globalization.

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