Mr Ghemawat argues that two otherwise identical countries will engage in 42% more trade if they share a common language than if they do not, 47% more if both belong to a trading block, 114% more if they have a common currency and 188% more if they have a common colonial past.What about the "new economy" of free-flowing capital and borderless information?
"The restricted control of information lies at the heart of the D.P.R.K. state, and yet it is about to host one of the West's greatest facilitators of borderless information flows," Mr. Cha added, using the acronym for the Democratic People's Republic of Korea.
IN A borderless world, where information can zip from one country to another at the click of a mouse, how can countries control what appears on a computer screen?
Since the end of the cold war, many people have argued that the nation-state is an outmoded concept inadequate to the borderless world of electronic information and international commerce.
As world leaders meet at the United Nations this week to discuss globalization, economists and financial authorities in Southeast Asia are contemplating how the increasingly borderless world of commerce and information is somehow marginalizing once-envied tiger economies.
But most of the powerful forces, good and evil, of our new century are borderless, globalized — the almost unimpeded global flow of information (images, ideas, news, music, movies, emotions, hatreds), products, commodities, capital, environmental pollution, climate change and terrorism.
They are pioneering a connected, interactive, collaborative, and borderless model of education in which teachers, students, and information can come from just about anywhere.
Of the latter items, crime will likely become a major issue for both old and new members of the Union, particularly since the EU's virtually borderless domain makes for the unfettered movement of people, capital and information.
Such a borderless spread indicates a critical need to enhance cross-border communication and timely sharing of epidemic information so that future disease control efforts can be made at multiple geographic levels.
Scottish cultural identity is borderless.
