The state of globalization in 2021

March 31, 2021

The COVID-19 pandemic is not likely to send the world’s level of globalization below where it stood during the 2008-09 global financial crisis

Cross-border flows plummeted in 2020 as the COVID-19 pandemic swept the world, reinforcing doubts about the future of globalization. The latest data paint a clearer — and more hopeful — picture. Global business is not going away, but the landscape is shifting, with important implications for str

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