The United States has dropped off the list of the top 25 most globalized nations, according to the new Index of Globalization released today by the KOF Swiss Economic Institute. The U.S. slipped to 27th place overall and 43rd on more specific measures of economic globalization, according to the report. The report notes however that “As a large economy, a high proportion of [the U.S.’s] trade is internal, which means that [it] does not ‘need’ to be as globalized as small countries.
Interesting data points from the KOF Swiss Economic Institute on globalization (via Richard Florida).