This perception is incorrect. Therefore, in my opinion, it is not only necessary, but important to debunk this idea, stressing that:   first, international economic developments were much more adverse than previously expected, which had very negative consequences for exports, investment, economic activity and, consequently, fiscal revenues and expenditure and public debt.
We are likely to see more trade within blocs as countries that share common values and interests deepen their trade ties to increase their resilience to external shocks and threats. And the changing nature of globalisation can have implications for women empowerment. The rise of global trade has been intricately tied to women’s emancipation.