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

WASHINGTON — Commerce Secretary Howard Lutnick told attendees at this year’s World Economic Forum that “globalization has failed the West,” before criticizing green energy efforts by Europeans that ...

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

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

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

For the past few years, many experts and journalists have either proclaimed or scrutinized the end of globalization. Trade wars, a pandemic and multifaceted conflicts have supposedly meant global ...

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 ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Globalization has become a central part of the world ...

A new study shows that the past 30 years of globalization have brought fundamental shifts in some aspects of family interaction among Indigenous people in Guatemala. But families have still maintained ...