Is globalisation breaking down or transforming? | Counting the Cost

The end of the Cold War, free trade and technological advances have helped create a global system that is sensitive to what is happening on the other side of the world. Globalisation has been credited for developing economies, increasing incomes and lifting millions of people out of poverty. But the pandemic and the war in Ukraine have exposed the fragility of that economic interdependence. At the same time, globalisation has also been criticised for increasing inequality, and international charity Oxfam says the world's richest 1 percent pocketed nearly twice as much wealth as everyone else over the last two years. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter   / ajenglish   Find us on Facebook   / aljazeera   Check our website: http://www.aljazeera.com/ Check out our Instagram page:   / aljazeeraenglish   @AljazeeraEnglish #Aljazeeraenglish #News