Discover how globalization enhances comparative advantage, driving economic efficiency in both developed and developing countries through trade and specialization.

National economies are increasingly moving in sync and responding to the same booms and busts as a result of ...

The Nobel Prize winner in Economics warns about the inequalities generated by the current economic model and advocates for ...

“When America shines, the world shines,” he said.

The U.S. globalized by exporting firms, not goods, Marc Chandler and Adam Farhat write in a guest commentary.

The layering and reconfiguration of connectivity is underway. History warns that declaring the end of globalization too early ...

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 ...

The U.S. move away from globalization is pushing allies to reduce dependence, raising costs, reshaping trade, and altering ...

At the moment of writing, the fourth anniversary of Russia’s full-scale invasion of Ukraine is only four months away. At the same time, Israel has resumed bombing Gaza after the failure of a weak U.S.

Tariff hikes across the board, political interference through trade threats, pressure on US multinational corporations, supply chain disruptions—these are among the ways the Trump administration is ...