Reported that the United States began to increase in transport costs have an impact on economic globalization

WASHINGTON - August 3, "The New York Times" published an article on the 3rd site that short-term cheap oil will be difficult to reproduce, transport costs have an impact on global logistics, which have begun to have an impact on economic globalization.

The article maintains that, oil prices from 10 years ago about 10 U.S. dollars per barrel rose to the current low of 125 U.S. dollars per barrel around, as a global transport lubricant oil is no longer cheap, so that the container transport cost far more than doubled.

Over the years, the economic globalization of production and marketing of various links to a global scale distribution and allocation of resources to achieve the best combination of production and marketing of the highest efficiency, and all this depends on relatively cheap cost of transportation.

"The New York Times," the article quoted the U.S. director of the Institute for International Economics Bogesiteng as saying that if oil prices remain high, then in different countries and between different production sectors will be a major reorganization of production. Moreover, he considered that the traditional pattern of consumption will also be shocks, economic growth will also be affected.

The article also an example, in the era of high oil prices as transportation costs increase in the past, some manufacturers used to produce the globalization of the supply chain has been broken, some manufacturers have been in business activities in more consideration of the localization or local operators to Minimize transportation costs.

However, the article also pointed out that many economists believe that even if oil prices keep rising, economic globalization will not be reversed. In addition, some economists and business people also believe that only the cost of international trade and investment activities of multinational corporations a determining factor, not to point all areas, over-exaggerate its impact.