A study conducted by two members of the Stern Business School’s faculty shows that globalization is back.\u00a0 Taking data from countries representing 99% of the world’s GDP and 95% of the world’s population, it is clear that after a big post-crisis drop in 2008, global interconnectedness returned last year.<\/p>\n
There are more cross-border connections benig made.\u00a0 Trade, incluidng goods and services, information, people and capital.<\/p>\n
The ten countries that globalized the most in 2013 were all emerging nations, most of them in Latin America and the Caribbean.<\/p>\n
Trade negotiators are beginning to form coalitions of the willing instead of waiting for everyone to join in.<\/p>\n
There is plenty of scope for further globalization.\u00a0 Only Singapore, Hong Kong and Lusembourg are deeply interconnected now.<\/p>\n
Episodes of deglobalization in the past have been difficult to reverse, The fact that globalization is progressing again after such a deep crisis is hopeful.<\/p>\n
A study conducted by two members of the Stern Business School’s faculty shows that globalization is back.\u00a0 Taking data from countries representing 99% of the world’s GDP and 95% of the world’s population, it is clear that after a big … Continue reading ![\"Globalizing](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/11\/Globalizing-Again.jpg\")
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