Globalization -- for many people, that word conjures up, at best, images of container ships moving manufactured goods from far-flung factories. In fact, since the Great Recession of 2008, the global flow of goods and services has flattened, and cross-border capital flows have declined sharply. But globalization overall isn't on the wane. Like so much in our world today, it has reinvented itself by going digital.
175
