What happens as the world becomes even more interconnected”¦and even more leaderless?
Some argue that globalization is grinding to a screeching halt. In a world of increased conflict and turmoil, where major powers jockey for influence, financial sanctions have become a go-to weapon and even the Internet threatens to splinter, then surely the cross-border flow of money, ideas, information, goods and services will begin to slow””or even reverse.
Others argue that globalization is really just Americanization by other means. After all, the United States still dominates the international financial system. Information hurtling through cyberspace promotes the democratization of information, because it creates demand for still more information and forces autocrats to care more about public opinion. As developing countries develop, aren’t they becoming more like America?
Not anymore.
Read it all and note the link to the full report provided.