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.

China is Just Catching Up

An historical and rational analysis of the Asian giant’s rise
Yasheng Huang
June 8, 2004

Lula: Support globalization

The developing world should learn how to use globalization instead of denouncing it
Alan Clendenning
June 16, 2004

No Lack of Fake Luxuries

No sign that the trade will be eradicated any time soon
Jin Hyun-joo
June 3, 2004

Russia Backs Kyoto to Get on Path to Join WTO

A breakthrough that could revive the long-stalled pact to curb global warming
Peter Baker
May 22, 2004

Oxfam Launches Fair Trade Coffee Chain

Progreso Cafés exemplify a creative alliance between global capitalism and social justice
Tash Shifrin
May 13, 2004