Future of Globalization

Listen to the expert, Dr. Johri, from Oxford University, on the future of Globalization? Global economy is more integrated today than ever.The concept of globalization has taken a new shape in the 21st century. It is now knowledge intensive instead of Capital and labor intensive with the focus shifting to intangibles. The tech industry epitomizes the 21st-century economy’s global sensibility. Success depends on skill, which gives companies an overwhelming incentive to seek out talent irrespective of the nationality. In the internet connected world, capitalism will find a way. Brexit and US elections underscore a shift towards protectionist pressures which were in play for quite some time. However, the Nationalism and Globalization need not be contradictory.