Globalization and International Trade

Globalization continues to open emerging markets, enable access to human talent and other resources, and empower new competitors

Definition

Exchange of capital, goods, services and people across political borders, including global trade and migration, enabled by transportation and information technologies

Outlook

Increased flow of goods and services enabled by global trade agreements, communications networks, and logistics systems
Greater pressure for physical immigration due to political conflicts, terrorism and income disparities
Heightened uncertainties about future global trade agreements and migration due to popularism in Europe, the U.S. and elsewhere

Implications

Enabling companies to serve existing and emerging markets worldwide easier than ever before
Allowing new competitors to emerge from anywhere
Providing access to, as well as competition from, human talent on global basis
Creating complexity for how businesses manage global opportunities and risk

To what extent are you taking advantage of globalization to serve customers, source talent, and address competitors in markets worldwide?

PROOF POINTS

BRIEFINGS

Chinese importing company D.I.G. and enterprise blockchain provider VeChain’s wine traceability platform now tracks over 20 wines across Shanghai free trade zone

August 9, 2019 0 0