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.

Globalization Goes National

Emerging economies find prosperity in lifting internal barriers to trade, mobility
Tyler Cowen
September 16, 2016

Question Mark Over TPP

US voters remain unconvinced about the benefits of international trade
Nayan Chanda
September 14, 2016

Despite Fears, Mexico's Manufacturing Boom Lifts US Workers

US multinationals hire an extra 250 US workers for every 100 hired in Mexico
Natalie Kitroeff
September 2, 2016

Apple Must Pay Billions for Tax Breaks in Ireland, EU Orders

Multinationals put on notice after EU finds that special tax deals represent unfair advantage
James Kanter and Mark Scott
August 30, 2016

Two Faces of Global Trade

Globalization leads to both fierce competition that threatens jobs and innovation that creates them
Nayan Chanda
August 30, 2016