Posted on : April 14, 2017
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Globalization is facing its biggest test. For 40 years, the process of closer integration through the free movement of goods, capital, people, and ideas around the world has recorded many remarkable achievements. The overall standard of living has never been higher. According to the United Nations, there are more than 200 million fewer hungry people than there were 25 years ago. Also, almost all boys and girls go to school. Meanwhile, life expectancy increased by five years between 2000 and 2015, the fastest increase since the 1960s, according to the World Health Organization. In other words, the world is flatter—more equal—than it has ever been. However, while globalization has been glorious for billions of people, for some, it hasn’t been glorious at all. Or, at least, that’s their perception. As a result, the world risks going into reverse. source: bcgperspectives.com