The New Globalisation
Globalisation is supposed to be in retreat. How, then, do you reconcile the following? Since 2005, the number of travellers crossing international borders each year has risen by around half, to 1.2 billion. The number of people using the internet has soared from 900,000 to more than 3 billion. By 2020, their ranks are projected to exceed 4 billion, while the number of connected digital devices is forecast to more than triple, to nearly 21 billion. Global data flows, which have exploded by tenfold over the past decade, to 20,000 gigabits per second, are also projected to triple by 2020.