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Justin Fox

What Happens When Global Trade Goes Virtual

Perhaps globalization isn't done for.
What next?

What next?

Source: NASA via Getty Images

You remember globalization, right? It was yuge back in the 1990s and 2000s. Worldwide trade in goods and services grew and grew. So did financial flows.

The financial crisis of 2008 threw all that into reverse. A partial recovery followed in 2010, but since then something really interesting has been happening.