Corona’s consequences – how the pandemic is changing globalization | DW Documentary

Around the world, pandemic-related lockdowns have hit our globalized economy hard. Supply chains have been disrupted, industries crippled. The coronavirus has laid bare the risks of global interconnectedness. Is the crisis the beginning of the end of globalization? In early 2020, when much Asian production and manufacturing was shut down, the effects were quickly felt in supply chains. The flow of raw materials and other products that drives global trade dried up. Hamburg port operator HHLA reported losses of up to 40 percent, with supply shortfalls bringing production at German factories to a temporary halt. Coronavirus-related lockdowns in Europe led to garment workers in Bangladesh losing their livelihoods. This documentary shows how such global dependencies function during a pandemic. Is it time to bring back local production, to ensure populations are provided for even in times of crisis? This film shows that many are thinking hard about the issue. Companies are diversifying their supply ch