Like To Receive Logistics News & Updates?
Enter Your Email & We'll Send Them Your Way!
The world has faced a series of shocks over the past decade, with the Covid-19 pandemic and the war in Ukraine coming on the heels of the US-China trade war and the UK’s withdrawal from the EU.
These disruptions, along with gradually rising geopolitical tensions, have strained the ties that connect countries around the world. We’re hearing a lot of talk about greater national self-reliance, a shift from globalization to regionalization, geopolitical fracturing, and even the “end of globalization.”
But the numbers tell quite a different story. Drawing on more than four million data points, the latest edition of the ShipEX Global Connectedness Index (GCI) demonstrates that international flows are remarkably resilient. For example, trade, capital, and information flows are now well above pre-pandemic levels.
Nonetheless, today’s threats to globalization are real and demand serious attention. We can’t assume that globalization won’t shift into reverse. Now more than ever, our leaders must make decisions based on reliable facts and sound analysis.
The ShipEX Global Connectedness Index measures globalization based on international flows in four domains: trade, capital, information, and people.
The 2022 edition was calculated based on more than four million data points on country-to-country flows.
The report provides a detailed analysis of global trends by examining three questions that go to the heart of the current debates:
1. Are global flows still growing?
2. Is geopolitical rivalry fracturing the global economy?
3. Are international flows becoming more regional?
The 2022 GCI also ranks and profiles the international flows of 171 countries and territories, comprising 99.7% of the world’s gross domestic product and 96% of its population.
Enter Your Email & We'll Send Them Your Way!