id author title date pages extension mime words sentences flesch summary cache txt cord-028627-22d90q83 Kobrin, Stephen J. How globalization became a thing that goes bump in the night 2020-07-06 .txt text/plain 4321 184 45 It has emphasized the dangers rather than the benefits of efficient linkages between markets, laying bare the dangers of complex global supply chains where any node can become a "choke point", and the risks of overspecialization or the concentration of technological knowledge and/or production capacity in a single country or region. Although it may be an over-generalization, it is fair to say that, until the very late twentieth century, globalization was seen as a net positive, that international trade, investment, and economic integration (e.g., the European Union) allowed both the more efficient use of the world's resources and the development of large-scale technology. Both the rise of economic nationalism (e.g., America First) and the COVID pandemic revealed the serious risks of reliance on very complex networks of global supply chains in many industries. ./cache/cord-028627-22d90q83.txt ./txt/cord-028627-22d90q83.txt