World is less connected than 2007

Governments must take measures to do away with protectionism

business environment Deutsche Post DHL DHL Global Connectedness Index financial crisis Frank Appel GCI Globally connected protectionist measures volatile

The world today is less globally connected than it was in 2007. This is the finding of the DHL Global Connectedness Index (GCI), a comprehensive analysis of the state of globalisation around the world. The study has documented how global connectedness grew robustly from the report’s baseline year of 2005 to 2007, and then dropped at the onset of the financial crisis. Despite gains since 2009, global connectedness has yet to recapture its pre-crisis peak.

 “The GCI 2012 indicates that today’s volatile and uncertain business environment bears the lasting impact of the financial crisis,” remarked Frank Appel, chief executive of Deutsche Post DHL, and went on to mention that “governments must resist protectionist measures.”