Feature Articles

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Trade

A readily measurable aspect of globalization is the increasing exchange of capital, products and services across national boundaries, spurred by expanded use of container shipping and other technological improvements as well as falling barrier. The interdependence is most apparent with global supply chains, as manufactured goods like vehicles and electronics are assembled with components produced around the world, and it’s increasingly rare for any country to be the sole source of any one complex product. Countries aim to increase exports but worry about too many imports and trade imbalances, even as their consumers pursue low prices. Disagreements on subsidies, tariffs, quotas or unfair practices are debated by the World Trade Organization.

Society & Culture

Globalization wields powerful influence over societies and cultures. Business travelers and tourists both observe and distribute new ideas. New ideas, interactions, foods and products are tried, then embraced or discarded. With the internet or satellite television, films, publications, photographs, news reports and cartoons can travel instantly, entertaining or angering audiences around the globe. With social media like Facebook or Twitter, individuals offer news and own instant pronouncements on trends. Whether slowly through immigration or immediately online, these connections bring about some convergence of norms on fashion to human rights while also provoking challenges from traditionalists. A global society has emerged, and it’s tightly linked.

Security & Terrorism

The links between security and globalization were highlighted by the 2001 terrorist attacks on New York City and Washington, DC, and the subsequent long wars in Afghanistan and Iraq. Lingering poverty, inequality, religious extremism and war can sow discontent and resentment as unprecedented global mobility lends access to education and travel in other countries. Despite use of drones, cyber-warfare and other advanced weapons technology to mount counterterrorist attacks, the marginalized can strike out at vulnerable urban or economic centers. Annual global defense spending exceeds $1.6 trillion. Containing the trade in weapons, whether nuclear bombs or assault rifles, and preventing them from falling into the wrong hands remain a challenge.

Security & Terrorism

The links between security and globalization were highlighted by the 2001 terrorist attacks on New York City and Washington, DC, and the subsequent long wars in Afghanistan and Iraq. Lingering poverty, inequality, religious extremism and war can sow discontent and resentment as unprecedented global mobility lends access to education and travel in other countries. Despite use of drones, cyber-warfare and other advanced weapons technology to mount counterterrorist attacks, the marginalized can strike out at vulnerable urban or economic centers. Annual global defense spending exceeds $1.6 trillion. Containing the trade in weapons, whether nuclear bombs or assault rifles, and preventing them from falling into the wrong hands remain a challenge.