. The paper provides an overview of the new globalization trends in the world and in Israel, with emphasis on the role of …Post WWII globalization forces are facing headwinds in the form of global crises-the “The Great Recession” and the “The … Pandemic Recession”. Israel’s trade and financial globalization, however, is steadily rising. The pandemic-induced slump in …

Much attention has been paid to the sharp fall in world trade associated with the economic crisis during the last … to globalisation and the fragmentation of supply chains, world trade will inevitably overshoot the shock in world GDP. We … replicate a very similar multiplier effect on world trade to that currently being experienced. Firstly, we find that, when trade …