Obituaries to globalization bannered front pages worldwide as the pandemic took hold. The interdependence of economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information, was seen as seriously threatened by Covid-19.

The DHL Global Connectedness Index – which we released in December – told a different story. It measures globalization based on over 3.5 million data points on trade, capital, information, and people flows. That last item – people flows – was the only part of the index that showed an unprecedented collapse due to Covid-19. Trade has rebounded strongly, capital flows are recovering, and digital information flows have surged.

Still, a worldwide surge in Delta variant cases has renewed lockdowns all over and the threat of new strains has made nations rethink the long-haul…

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