COBMEX — Globalization is generally defined as the process by which the world is becoming increasingly interconnected as a result of dramatically increased trade and cultural exchange. Such processes have governed our global economy for more than 70 years, and have been accelerated in recent years through electronic communication. Globalization has had a profound affect on nearly every economy, business, and person on earth.
As a company that was founded on the principles of NAFTA, we are a product of globalization. The past three years have seen our company continue to expand internationally with the addition of companies in the U.K. and Hong Kong. As we extend our global reach to bring new opportunities closer to us, socio-political trends seem to be moving in the opposite direction. It is hard to ignore the strong anti-globalist sentiments that have been taking over headlines and ballot boxes. This emerging world-view is inextricably linked to the rise of movements such as the Donald Trump presidential campaign, as well as the monumental Brexit vote. Many pundits have gone so far to say that the era of globalization has ended; however, we are inclined to disagree. The globalization process has become tenuous, but that doesn’t mean that a different kind of globalism cannot emerge. A new globalism is taking shape, and we think there are more worldwide opportunities than ever before.
