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Cross-border Tax Talks

July 01, 2021

Post Covid-19 globalization: Dead, dying, or here to stay?

Doug McHoney (PwC's US International Tax Services (ITS) Leader) sits down virtually with Dr. Alexis Crow (PwC's Global Leader of Geopolitical Investing Practice) to discuss the state of globalization, and more specifically, whether we have seen the end of globalization. Doug and Alexis cover how the landscape has shifted, and how we got to the current state; tensions within the technology sector, including a 'cold war' from a technology perspective; the globalization of the financial services sector; possible solutions for global cohesion; trends in tax and business from digital and environmental perspectives, and the increasing significance of Asia's role; climate policies and the 'greening' of financial flows; and the future of globalization, including what business leaders and investors should expect in a covid-recovering global economy.

Timestamps:

  • 3:20 - Is the end of globalization? And when will my dishwasher arrive?
  • 6:37 - How has the global landscape shifted, and how did we get here?
  • 15:40 - Tensions with the technology sector
  • 21:40 - Globalization of the financial services sector
  • 25:07 - Possible solutions for global cohesion, trends from a digital perspective, green agendas and role of Asia. ­
  • 31:16  - The environmental perspective, including trade climate policy and the greening of financial flows­
  • 36:54 - The future of globalization, including what business leaders and investors should expect in a covid-recovering global economy

 

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Doug McHoney

International Tax Services Co-Leader, PwC US

Geoff Jacobi

ITS, Knowledge Management Managing Director, PwC US

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