"Although globalization has made the world “flatter,”
its economic landscape is decidedly bumpy. Despite the low cost and high speed
of telecommunications, and international trade agreements that aim to remove
tariffs and other barriers to global trade and investment, the paradox of
“place” — a combination of physical geography and business and social activity — still allows some places to stand out from the crowd...."
The Bay Area Index of Global Economic Links: Understanding the Bay Area's Role in the Global Economy, By S.L. Bachman; Editor R. Sean Randolph; forthcoming from the Bay Area Council Economic Institute
