Laura Tyson 2018
Session

Why Technology, not Goods, Is the Driver of Globalization

Laura Tyson 2018

Why Technology, not Goods, Is the Driver of Globalization

Setup

Historically, globalization has been characterized by cross-border flows of resources and products. Financial exchanges follow, allowing for direct investment at home and abroad. In the digital economy, we see massive flows of information and data, which are perhaps even more critical to economic growth, crossing borders everywhere. In an era of anti-globalism, can the pace and flow of digital information be slowed, let alone stopped?

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Economy

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