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Newsletter of September 14, 2020

Our 2020 Globalization Report measures the gains from increasing international integration in 45 industrialized and emerging countries.

 

Protectionism is the wrong answer to Corona – Globalization increases prosperity

The corona crisis is leaving deep marks on global commodity flows and value chains. The resulting decline in globalization is problematic because international trade and the worldwide division of labor have increased prosperity in many countries over the past nearly 30 years, in some cases significantly. This is the result of the calculations of Prognos AG for our new edition of the Globalization Report.

Using a Globalization Index, the report measures the degree of international interdependence of 45 industrialized and emerging countries and, on this basis, calculates the direct economic gains resulting from globalization. All of the countries examined recorded globalization-induced increases in real gross domestic product (GDP) per capita between 1990 and 2018.

You can find a summary of our most important results in our latest GED blogpost:

#1: Globalization has been declining slightly since 2007
#2: Progressive globalization increases average real GDP per capita
#3: Developed industrial nations profit most from advancing globalization
#4: Globalization and sustainability
#5: Globalization and dependence on foreign trade

You can download the full study here:

 

Publikation

Globalization Report 2020

Our 2020 Globalization Report measures the gains from increasing international integration in 45 industrialized and emerging ... read more

 

 

About Global Economic Dynamics (GED):

We help make complex economic dynamics transparent and understandable.

The project examines the causes and effects of economic trends, as well as the connections linking one trend to another.

 

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Andreas Esche

Director, Program Megatrends

 

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Executive Board: Dr. Ralph Heck (Chairman), Dr. Brigitte Mohn, Prof. Dr. Daniela Schwarzer