Globalization has rallied and is even working better - new report

Mar 15, 2023

While there are threats to globalization, the report says, there is limited evidence of a fracturing of the world economy into rival blocs. Image: Pexels/Andrea Piacquadio

Ian Shine

Senior Writer, Forum Agenda

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The latest DHL Global Connectedness Index sees the resilience of global flows as a strong foundation for ‘re-globalization’. Image: DHL Global Connectedness Index 2022.

There is evidence of a decoupling of trade flows between the US and China, which is a threat to globalization. Image: DHL Global Connectedness Index 2022.

A graph showing global merchandise trade volume, January 2018 to November 2022. Globalization

The volume of goods trade was 10% higher by mid-2022 than at the end of 2019. Image: CPB World Trade Monitor/DHL Global Connectedness Index 2022.

Multiple graphs showing average distance and regionalization trends, 2001-2021. Globalization

International flows of trade have generally been taking place over longer distances since 2001. Image: DHL Global Connectedness Index 2022.

A graph showing foreign direct investment inflows, 2001-2021. Globalization

FDI inflows increased in all regions in 2021, but have since been dented by the war in Ukraine Image: UNCTAD World Investment Report/DHL Global Connectedness Index 2022.

Digital globalization has led to a surge in internet traffic. Image: TeleGeography/DHL Global Connectedness Index 2022.

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A graph showing international collaborations of total publications from 2001 to 2021. Globalization

Cross-border scientific collaboration has slipped slightly. Image: DHL Global Connectedness Index 2022/Clarivate Web of Science.

A graph showing international tourist arrivals per capita from 2001 to 2021. Globalization

COVID-19 lockdowns cut off international travel for many. Image: UN World Tourism Organization/DHL Global Connectedness Index 2022.

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