Digital Globalization

The process of globalization is entering a new era characterized by soaring flows of cross-border information. As the locus shifts from physical networks of production and trade to global information networks.
The global networks are transforming to become richer, deeper and more distributed through the proliferation of information technology. The globalization of today is driven by flows of information that create a much more subtle form of globalization that is ever more decentralized geographically and complex in nature.