Economies thrive on the global exchange of goods, services, people and information. The U.S. used to head the list of globally connected countries, but the latest data from McKinsey Global Institute and the McKinsey High Tech Practice shows that Germany now tops the chart followed by Hong Kong. The U.S. has sunk to 3rd place. And what about global powerhouse China? It is in 25th place, largely due to restrictions on the flow of people and information.
Why does global connectedness matter? This research shows that the more connected a country is, the faster it's GDP grows.