This article by Kirill Zhurenkov, Sergei Melnikov, Olga Filina on Kommersant was translated by WorldCrunch and republished here. MOSCOW – There are four global logistics companies (DHL, FedEx, UPS and TNT) that are generally considered barometers of the global economy.
They told of a crisis before it had engulfed the world, when international exchanges began to lag as trade was slowing down, and the price of shipping packages became cheaper.
That’s why economists are interested in these companies. And a study done by DHL last year has caught the attention of a lot of experts around the world: an index of global integration, showing which countries were open to globalization and which ones were closing in on themselves.
The index took into account not only economic factors such as the movement of capital, but also non-economic factors, such as the quality of Internet connections, the number of international phone calls and the number of immigrants and international students.
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This story was originally published by WorldCrunch.