Group items tagged

"Will Soaring Transport Costs Reverse Globalization?" The report argues that high energy costs could potentially reverse the outsourcing that has occurred in some areas of manufacturing. Foreign trade cannot expect the same opportunities to develop markets in India as there were 30 years ago because of today's high energy costs. This situation could give countries closer to the U.S. like Mexico a little more appeal in the future than current economic giants such as China.

But do not expect outsourcing — the major transformer of world economies in the last 30 years — to go silently into the night.

high energy prices do not affect all aspects of global trade, including the areas of telecommunications and computers. For example, the software industry in India will continue to thrive because it thrives on cheap Internet and not natural resources.

BitTorrent is a peer-to-peer program developed by Bram Cohen and BitTorrent, Inc. used for uploading and downloading files via the BitTorrent protocol. BitTorrent was the first client written for the protocol. It is often nicknamed Mainline by developers denoting its official origins