The next economy: A conversation with Szandra Köves

In the vision of a future economy the motto is to think globally and act locally. Eco-localization refers to local production and consumption imbued with an awareness of how one’s actions may impact other communities. This includes global trade between local economies (hence the word “glocalization”), which means you don't import things that can be made locally but you may still share culture and “perhaps even have bananas in Hungary,” Szandra says.