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The Conversation USA

Has globalization lessened the importance of physical distance? For economic shocks, new research suggests ‘yes’

  • Written by Josh Ederington, Professor of Economics, Miami University
imageDistance may not be dead, but it's certainly lost its shine. AP Photo / Shizuo Kambayashi

National economies are increasingly moving in sync and responding to the same booms and busts as a result of near-instantaneous communications and interdependent global supply chains. This is a sharp change from much of the 21st century, when economies were...

Read more: Has globalization lessened the importance of physical distance? For economic shocks, new research...

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