Question
Aramel is a major conglomerate with a major stake in the aviation industry, in the advanced economies including the US, Germany and Australia. The executives
Aramel is a major conglomerate with a major stake in the aviation industry, in the advanced economies including the US, Germany and Australia. The executives of Aramel have grown increasingly interested in expanding into emerging and developing economies (EMDEs), as part of its global strategy. As the CEO of Aramel, you have recently noted that globalization is under significant threat as governments scramble to reduce their vulnerability to the Corona virus by limiting global trade and flows of people. With the imposition of border closures and strict migration measures, there have been major disruptions in global supply chains in EMDEs with varying consequences on these economies. Critically discuss the impact of globalization to emerging and developing economies and evaluate the effects of the Covid-19 pandemic on the globalization trajectory in EMDEs and how that might impact Aramel's expansion plans.
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