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Opinion

Coronavirus should not put an end to globalization

If international networks go into reverse, living standards will fall

| East Asia
The coronavirus pandemic will surely affect global businesses' decisions on supply chains.   © Reuters

Masaaki Shirakawa is the former governor of the Bank of Japan.

It may be too early to talk about the world after the pandemic, but I believe it is worthwhile. After all, the monetary easing which developed economies adopted at the time of the global financial crisis, or GFC, in 2008-09 is still with us.

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