McKinsey: Global Flows in a Digital Age

April 24th, 2014
in econ_news, syndication

Econintersect:  McKinsey Global Insititute has published a study of the rapid rise in global trade, finance, services and information in the twenty-first century.  In 2012 the global flow of goods, services and finance amounted to $26 trillion, more than one-third of global GDP.  Among the most dramatic changes has been an 18-fold increase in internet traffic in just seven years.

mckinsey-co-logo-vert-crop

Follow up:

The 2012 flows of goods, services and finance actually was higher in 2007 than in 2013 as a result of an outsized flow in finance.  In 2008 and 2009 there was a sizable contraction in international flows during the Great Recession, again driven more by finance flows than other factors.

mckinsey-internat-flows

The following info graphic is from the executive summary for the report:

mckinsey-internat-flows-infographic-1mckinsey-internat-flows-infographic-2

 

Click on the page image below to access the complete report (pdf).

mckinsey-global-flows-report

John Lounsbury

Sources:















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