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Global Flows and Global Growth

Cross-border flows are claiming a growing share of global economic activity. But neither the extent of the global economy’s interconnectedness nor the changing composition of interconnections among countries and within sectors is well understood.

BERKELEY – A growing share of the world’s economic activity involves cross-border flows. But just how interconnected is the global economy? How are cross-border flows among activities, sectors, and countries changing? How do national economies rank in terms of their cross-border flows or “interconnectedness”? And what are the implications for business and policymakers?

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