Discover how globalization enhances comparative advantage, driving economic efficiency in both developed and developing countries through trade and specialization.
The U.S. globalized by exporting firms, not goods, Marc Chandler and Adam Farhat write in a guest commentary.
WASHINGTON — Commerce Secretary Howard Lutnick told attendees at this year’s World Economic Forum that “globalization has failed the West,” before criticizing green energy efforts by Europeans that ...
The Nobel Prize winner in Economics warns about the inequalities generated by the current economic model and advocates for ...
The U.S. move away from globalization is pushing allies to reduce dependence, raising costs, reshaping trade, and altering ...
The idea of more open, global trade has been sold as necessary for economic success. Yet today we hear calls to “build a wall” and to break up trading partnerships. Turns out we’ve seen the pendulum ...
The globalization we knew and understood for most of the 20th century resembled more the globalization that emerged from the Industrial Revolution than it did the globalization we experience today.
The layering and reconfiguration of connectivity is underway. History warns that declaring the end of globalization too early ...
Globalization is in deep trouble. In the United States, the election of Donald Trump and the wave of proposals to renounce old trade agreements, refuse new ones, and close borders to immigrants all ...
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