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Is Low-Cost Energy the New Cheap Labor?

The energy revolution is causing a tectonic shift in where companies choose to locate.

We are entering a new economic cycle; call it  Globalization 2.0. For the past two decades, the driving force behind globalization was the gap in the price of labor between the developed world and emerging markets. Several events further enabled this labor cost movement: the end of the Cold War, emergence of the Internet, proliferation […]