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The Nuance Behind 'The World is Flat' and the Fragility of Globalization
The basic claim of 'The World is Flat' is more nuanced than it seems/nThe world is not as connected as some writers suggest/nGlobalization's future is more fragile than people realize/n90% of global direct investment is domestic/nThe volume of cross-border flows has consistently increased, but the geographic reach has not/nInformation, capital, trade, and people flow relatively freely within smaller regions, but not globally