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.

The New Leviathans

An atlas of multinationals throws unusual light on globalization
Nayan Chanda
November 12, 2003

Bangladesh Faces the Challenge of Globalization

Reliance on exports and remittances exposes vulnerability
Wahiduddin Mahmud
October 22, 2003

Indian Investors Enter the Caribbean

Hungry for natural resources, firms from India begin to shape the Caribbean economy
Loro Horta
July 8, 2008

Asians Fear Rising US Protectionism

Fear of retribution and trade pressure may chill the APEC reception for President Bush
Michael Richardson
October 3, 2003

Why Does One Country Draw More Investment Than Another?

Low tariffs, good infrastructure, and clean, efficient government do the trick
David Dollar
October 10, 2003

Cancun Trade Meeting Should Leave Investment Issue Alone

Bilateral investment treaties work fine to promote investment without endangering WTO's development agenda
Susan Ariel Aaronson
August 29, 2003