Distance may not be dead, but it’s certainly lost its shine. AP Photo / Shizuo Kambayashi February 6, 2026 Has globalization lessened the importance of physical distance? For economic shocks, new research suggests ‘yes’ Josh Ederington, Miami University and Jenny Minier, Miami University New research adds evidence to a common thesis offered after the end of the Cold War that globalization was making physical distance economically obsolete.