The DHL Global Connectedness Report finds globalisation is an influential force that has reshaped our world and has further great potential. Expanding markets and fostering opportunities empower individuals, businesses, and nations to flourish in unique ways, says John Pearson, CEO, DHL Express.
DHL Express along with New York University’s Stern School of Business organised an event in Delhi to release ‘DHL Global Connectedness 2024’ report to track how flows of trade, capital, information, and people move around the world and measures the globalisation of 181 countries and territories.
The report reveals globalisation reached a record high in 2022 and remained close to that level in 2023, despite a series of global shocks over the past decade, including the pandemic, Russia-Ukraine and Israel-Gaza conflicts, the USA-China trade dispute, and the United Kingdom’s withdrawal from WR. The evidence rebuts the notion the growth of global flows has gone into reverse. Trade growth played a crucial role in boosting international connectedness.
John Pearson, CEO DHL Express, said, “The findings of the DHL Global Connectedness Report dispel the notion of globalisation of reversing course. Far from being a mere buzzword, globalisation is an influential force that has profoundly reshaped our world and has further great potential. Expanding global markets and fostering opportunities empower individuals, businesses, and entire nations to flourish in unique ways. Embracing globalisation allows us and our customers to forge a promising future, fostering an increasingly interconnected world, more prosperous for all—and poised for further growth.”
The report also affirmed the considerable potential to continue growing international flows. It pegs the world’s current level of globalisation at only 25 per cent, on a scale from 0 per cent (meaning no flows cross national borders) to 100 per cent (borders and distance have ceased to matter at all).
