Comments - Overseas Pakistanis Sent Home $20.5 Billion in 2016 - PakAlumni Worldwide: The Global Social Network 2024-03-28T23:53:24Zhttp://www.pakalumni.com/profiles/comment/feed?attachedTo=1119293%3ABlogPost%3A111196&xn_auth=noGlobal trade and capital flow…tag:www.pakalumni.com,2016-11-27:1119293:Comment:1115562016-11-27T00:42:02.765ZRiaz Haqhttp://www.pakalumni.com/profile/riazul
<p><span>Global trade and capital flows flat or declining as globalization hits a wall.</span><br></br><br></br><br></br><span>Global capital flows:</span><br></br><br></br><span><a href="http://www.economonitor.com/blog/2016/11/the-retreat-of-financial-globalization/" target="_blank">http://www.economonitor.com/blog/2016/11/the-retreat-of-financial-globalization/</a></span><br></br><br></br><br></br><span>Peter McQuade and Martin Schmitz of the European Central Bank investigate the decline in capital flows between the…</span></p>
<p><span>Global trade and capital flows flat or declining as globalization hits a wall.</span><br/><br/><br/><span>Global capital flows:</span><br/><br/><span><a href="http://www.economonitor.com/blog/2016/11/the-retreat-of-financial-globalization/" target="_blank">http://www.economonitor.com/blog/2016/11/the-retreat-of-financial-globalization/</a></span><br/><br/><br/><span>Peter McQuade and Martin Schmitz of the European Central Bank investigate the decline in capital flows between the pre-crisis period of 2005-06 and the post-crisis period of 2013-14. They report that total inflows in the post-crisis period reached about 50% of their pre-crisis levels in the advanced economies and about 80% in emerging market economies. The decline is particularly notable in the EU countries, where inflows fell to only about 25% of their previous level. The steepest declines occurred in the capital flows gathered in the “other investment” category.</span><br/><br/><br/><span>Global trade flows:</span><br/><br/><span><a href="https://www.bloomberg.com/view/articles/2016-11-15/what-it-will-take-for-trump-to-stop-globalization" target="_blank">https://www.bloomberg.com/view/articles/2016-11-15/what-it-will-take-for-trump-to-stop-globalization</a></span><br/><br/><span>This year has been full of news about the slowing or perhaps even end of globalization. The main evidence is that global trade volumes appear to have stopped rising, something that hardly ever happens outside of a recession. Still, if you step back a little, you can make a case that the globalization train is still chugging -- slowly -- along.</span><br/><br/><br/><span>Last February, the McKinsey Global Institute put out a report on this rise of "digital globalization" and declared that:</span><br/><br/><span>Flows of physical goods and finance were the hallmarks of the 20th-century global economy, but today those flows have flattened or declined. Twenty-first-century globalization is increasingly defined by flows of data and information.</span></p>