Globalization is recovering from financial crisis, DHL Global Connectedness Index reveals

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Globalization is recovering from financial crisis, DHL Global Connectedness Index reveals

Company: dhl, Profile: DHL, Date: 2014-11-03


1DHL, the global logistics leader, today released the third edition of its Global Connectedness Index (GCI), a detailed analysis of the state of globalization around the world.
The latest report shows that global connectedness, measured by cross-border flows of trade, capital, information and people, has recovered most of its losses incurred during the financial crisis.
Especially the depth of international interactions – the proportion of interactions that cross national borders – gained momentum in 2013 after its recovery had stalled in the previous year.
“In this environment of uncertainty, the DHL Global Connectedness Index offers a comprehensive, fact-based understanding of globalization and demonstrates the huge potential for countries to further increase their connectedness.
Emerging countries are now involved in the majority of international interactions whereas before 2010, the majority of international flows were from one advanced economy to another.


Globalization is recovering from financial crisis, DHL Global Connectedness Index reveals

The world’s economic center of gravity shifts eastward; emerging economies see bigger connectedness gains than advanced economies

Flows of trade, capital, information and people stretched out over more distant geographies, documenting a decline in regionalization

Europe remains most globally connected region; Netherlands again ranks No. 1

DHL, the global logistics leader, today released the third edition of its Global Connectedness Index (GCI), a detailed analysis of the state of globalization around the world. The latest report shows that global connectedness, measured by cross-border flows of trade, capital, information and people, has recovered most of its losses incurred during the financial crisis. Especially the depth of international interactions – the proportion of interactions that cross national borders – gained momentum in 2013 after its recovery had stalled in the previous year. Nonetheless, trade depth, as a distinct dimension of globalization, continues to stagnate and the overall level of global connectedness remains quite limited, implying that there could be gains of trillions of US dollars if boosted in future years.“In the aftermath of the financial crisis, globalization has increasingly come under pressure and international trade negotiations face growing resistance,” said Frank Appel, CEO Deutsche Post DHL. “In this environment of uncertainty, the DHL Global Connectedness Index offers a comprehensive, fact-based understanding of globalization and demonstrates the huge potential for countries to further increase their connectedness. I am convinced that a prosperous world needs more, not less integration.”The DHL Global Connectedness Index 2014 documents the substantial shift of economic activity to emerging economies that is pushing the world’s economic center of gravity eastward. Emerging countries are now involved in the majority of international interactions whereas before 2010, the majority of international flows were from one advanced economy to another. Notably, the 10 countries where global connectedness increased the most from 2011 to 2013 are all emerging economies, with Burundi, Mozambique and Jamaica experiencing the largest gains.Advanced economies have not kept up with this shift. This suggests that they may be missing out on growth opportunities in emerging markets. “Counteracting this trend would require more companies in advanced economies to boost their capacity to tap into faraway growth,” said Professor Pankaj Ghemawat, co-author of the report and internationally acclaimed globalization expert and business strategist. “This is particularly evident in light of the fact that a decades-long trend toward trade regionalization has gone into reverse.” In fact, the GCI 2014 reveals that every type of trade, capital, information and people flow measured has expanded over greater distances in 2013 than in 2005, the report’s baseline year.

Company Information:

Company: dhl, Profile: DHL, Date: 2014-11-03


1DHL, the global logistics leader, today released the third edition of its Global Connectedness Index (GCI), a detailed analysis of the state of globalization around the world.
The latest report shows that global connectedness, measured by cross-border flows of trade, capital, information and people, has recovered most of its losses incurred during the financial crisis.
Especially the depth of international interactions – the proportion of interactions that cross national borders – gained momentum in 2013 after its recovery had stalled in the previous year.
“In this environment of uncertainty, the DHL Global Connectedness Index offers a comprehensive, fact-based understanding of globalization and demonstrates the huge potential for countries to further increase their connectedness.
Emerging countries are now involved in the majority of international interactions whereas before 2010, the majority of international flows were from one advanced economy to another.


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By | 2016-09-20T00:55:42+00:00 November 3rd, 2014|dhl, News, shippers, Shipping|0 Comments

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