Leave it for politicians
The two-decade period between 1988-2008 saw the most remarkable progress in the sphere of international relations and collaborations. The technological developments made global trade faster and cheaper, aiding global businesses to collaborate with distant partners to optimally exploit their core competencies to materially enhance productivity. End of the Cold War and fall of the Berlin Wall led to nearly full integration of global economies and unprecedented growth in global trade. The global financial crisis (2008-09) however paused the trend. The global trade and technological partners forces began to grow increasingly uncomfortable with technological, trade and political collaborations. Emerging global forces like China & India erstwhile global political powers like Russia, the UK, and Japan etc. found the terms of engagement unfavorable and started to focus on developing regional alliances. Breaking of global supply chains due to outbreak of Covid-19 pandemic provided further...