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Does all this, as some argue, pose a threat to the liberal international order that is, to globalisation?For the first time in the modern era of global integration, the world's biggest economies (and many emerging ones with them) have stalled at the same time.
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If high oil prices persist, we could be seeing a large drop in world trade.We may well be entering a new era of regional economic integration, at the expense of global integration.(Photo credit: AFP).
What else can a headhunter do in an era of global consolidation?
He has now set out his case that we live in an era of semi-globalisation at most in a single volume, "World 3.0", that should be read by anyone who wants to understand the most important economic development of our time.Mr Ghemawat points out that many indicators of global integration are surprisingly low.
So far, we have failed to articulate a new global order that reflects the dramatic pace of global integration.
Evidence, surely, of global integration?Not enough for economists, say the authors.
In 1996, Baron David was named to a committee to oversee the Rothschild investment banking operations worldwide, and was put in charge of global integration.
The purpose served by New Labour's mayfly existence is clear in the stark social, moral and ecological landscapes of global "integration".
They are co-authors of the report, Digital globalization: The new era of global flows.
I believe these women are the vanguard of a new era of global leadership".
In an era of global competition, it could help to have a clear set of standards.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com