Cross-border corporate trips made a big comeback this year. According to American Express Global Business Travel, international bookings during the three months ending in September reached 67 percent of their 2019 level — surpassing the domestic recovery. That occurred even with some key markets remaining closed. What about the long term? Rana Forhoohar, a columnist at the Financial Times, is making a case for less global, more local supply chains. In her view, globalization over the last few decades hasn’t worked for most people. And more localized economies can provide more resilience, more . . .
