Wednesday, September 24, 2014

Global Flows Are Robust

Global flows are creating new degrees of connectedness and to be unconnected is to fall behind.  As the McKinsey Global Institute noted in Global flows in a digital age, with the exception of cross-border finance, global flows are just as robust now as they were before the crisis.
One key to this rebound was that, in contrast to the 1930s, the global economy maintained existing conditions: trade barriers remained low, as did restrictions on foreign direct investment, and cross-border exchange continued to spread with the internet.
Read the entire article:  Why the global economy is stronger than you think

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