Lessons learnt from Borderless Economies by Robert Guest

Thomas Thwaites tried to make a toaster of his own but failed in 2009. There are many seemingly simple and mundane products which were produced through the cooperation of engineers, production workers, miners, commodities traders. They might be affordable, but most people will never be able to create pencils, toasters and radios from scratch (including obtaining and shaping of the component parts) by themselves.Technology  advances via human cooperation- modern telecommunications and diaspora network facilitate cross-border cooperation

Micro-multinational companies are increasingly common. Relatives and close friends living in far flung places cooperate and set up small businesses that utilise the competitive advantage of their respective localities.

Many people assume that the borderless Internet breaks down barriers of race and ethnicity. Sometimes it does, but mostly it serves to strengthen traditional bonds. A study by Ethan Zuckerman on the top 50 online sites in 30 countries had indicated that 95% of the respondents obtained their news from domestic sources. 

Opening up borders is more cost-effective than foreign aid. Direct transfers to family members at home will bypass corrupt regimes who might take a cut of the money. The diaspora networks remits significant amount of money to their homeland. 

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