Globalization Is Becoming More About Data and Less About Stuff
Harvard Business Review
MARCH 14, 2016
Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. Cross-border data flows have grown by a factor of 45 over the past decade, and they’re projected to post another ninefold increase by 2020. The same is true for cross-border financial flows.
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