Economics

Davos 2019 Is All About ‘Globalization 4.0.’ So What is That?

  • Last wave focused on manufacturing, this one is about services
  • Potential for backlash already on the mind in the Swiss Alps
Will Davos see a clash between populists and globalists?Source: Bloomberg
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The organizers of this year’s World Economic Forum have done their traditional best to introduce another buzz phrase as the theme for the annual gathering in the Swiss Alps. So just what is “Globalization 4.0”?