1 minute reading time (173 words)

Globalisation: the beginning of the end, or the end of the beginning

Globalisation: the beginning of the end, or the end of the beginning Shenzhen Bay Bridge

This is a good, well-argued piece on the future of globalisation with an absolute shedload of statistics. It strings concepts such as IOT, fast fashion, the Belt and Road Initiative, and the TPP together in one sweeping article on ​Foreign Affairs​.


The geography of globalization is even changing within the developing world. The McKinsey Global Institute predicts that roughly half of global GDP growth over the next ten years will come from some 440 rapidly expanding cities and regions in the developing world, some of which Western executives may not be able to find on a map, such as the city of Hsinchu in Taiwan or the state of Santa Catarina in Brazil. Moreover, as many as one billion people in these places will see their incomes rise above $10 a day, high enough to make them significant consumers of goods and services—at the same time that tens of millions of Americans, Europeans, and Japanese will enter retirement and reduce their spending.

Susan Lund, Laura Tyson
New writing: Flesh Moves
Web Curios 01/06/18

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