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Reading Summary: Globalization Backwards and Investors Facing Snags

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Department
Geography
Course
Geography 3422A/B
Professor
Milford Green
Semester
Winter

Description
Globalization Backwards and Investors Facing Snags 2/4/2013 7:10:00 PM Globalization Going Backwards  DHL Global Connectedness Index o Said the world is less integrated in 2012 than it was back in 2007 o The index measures both the depth of a country’s connectedness (how much of its economy is internationalized) and its breadth (how many countries it connects with)  At first, as the economic crisis took hold, both trade and capital flows became less globalized, but since 2009 trade has bounced back whereas capital flows have continued to become less globalized Heard on the Street: Global Investors Face Local Snags  While the SEC (Securities and Exchange Commission) believes it must be able to investigate the work of firms auditing companies with shares l
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