DHL Global Connectedness Index 2020 again ranks Netherlands as most connected country in the world
- Global trade has rebounded strongly, sustaining economies around the world
- ‘Digital globalization’ raced ahead as people flows plummeted
- Country ranking led by The Netherlands, Singapore, Belgium, the United Arab Emirates and Ireland
- DHL Initiative on Globalization inaugurated at New York University’s Stern School of Business
This week, DHL and the NYU Stern School of Business released the DHL Global Connectedness Index 2020 (GCI). The report, now in its seventh edition, is the first comprehensive assessment of globalization during the spreading COVID-19 pandemic. It tracks international flows of trade, capital, information and people across 169 countries and territories. After holding steady in 2019, current forecasts imply that the index will fall significantly in 2020 due to the distancing effects of COVID-19 on societies, such as closed borders, travel bans and grounded passenger airlines. Nonetheless the pandemic is unlikely to send the world’s overall level of connectedness below where it stood during the 2008 – 09 global financial crisis. Trade and capital flows have already started to recover and international data flows surged during the spreading pandemic as in-person contact went into the online world, boosting international internet traffic, phone calls and e-commerce.
December 11th 2020