New overseas investments by businesses around the world fell for the fourth-straight year in 2019 to their lowest level in almost a decade, pointing to a slowdown in globalization as the world-wide economy cooled.
The United Nations Conference on Trade and Development said foreign direct investment, or FDI, last year fell to $1.39 trillion from $1.41 trillion. The 1% drop puts global FDI at its lowest level since 2010, when many businesses shelved plans as they assessed the impact of the financial crisis. The U.N. expects...
Because it wasn't working. When some markets are manipulated by their government then everyone is not playing 'fair' (the same game).
The globalization is a tool not the ends
Or maybe wealth has gravitated to certain areas as was the core design of globalisation