Attention Economy


Tuesday, July 30, 2019

Future of Globalization

Future of Globalization
https://www.bloomberg.com/graphics/2019-globalization/

The Economist on the Future of Globalization
https://www.economist.com/briefing/2019/01/24/globalisation-has-faltered

Economic Geography Strikes Back

Economist Branko Milanovic notes:
“To think correctly about globalization one needs to think of it in historical context. This means seeing today’s globalization and its effects, positive and negative, as in many ways a mirror-replay of the first globalization that took place from the mid-19th century to the First World War.”

How Knowledge Spreads
“A Chinese company built a 10-house village with a 3-D printer in less than one day in 2014. A stretch of solar-power highway that converts sunlight into electricity and transfers it directly to the power grid opened in Jinan, eastern China, just last year. And a few years back, Korea switched on a road that wirelessly recharges online electric vehicles as they drive over it. These are just a few examples of the impressive technological advances that countries like Korea and—more recently—China have made in recent decades.”

Globalization and the Spread of Ideas
“Globalization has accelerated the spread of knowledge and technology across borders. This has helped to increase productivity and potential growth in many countries and at the global level.”