Learn how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.

Discover Stiglitz's insights on how COVID-19 exposed health and economic inequalities and the potential backlash against ...

Economic cluster theory has been used to describe the growth of many industries, including the automotive business around Detroit, high tech in Silicon Valley, and digital media in Seoul. These ...

Globalization, as it is known today, has always been a contentious issue. It may not seem that way for people of my age who grew up under unfettered assumptions. The expansion of global trade as the ...

Article link: https://www.foreignaffairs.com/reviews/seven-crashes-economic-crises-shaped-globalizationhttps://www.foreignaffairs.com/reviews/seven-crashes-economic ...

In 2023, the U.S. experienced a trade deficit of $773 billion, with China as its largest trade creditor. The U.S. trade deficit has steadily grown since 2009, regardless of which party held the ...

If I had started reading the recent column by Financial Times columnist Rana Foroohar, “Free trade has not made us free,” in the middle of the piece, I would have first come across this sentence: “Our ...

Globalization is going through its biggest stress test since the 2008 global financial crisis and its aftermath. But if you want to understand why the forces of economic integration may be more ...

Globalization is in trouble. A populist backlash, personified by U.S. President Donald Trump, is in full swing. A simmering trade war between China and the United States could easily boil over.

Amid the headwinds facing economic globalization, certain countries have attempted to restructure global industrial chains through trade protectionism, which poses serious challenges to the ...