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.

Dead Parrot Trade Talks

Supporters of free trade should set one last deadline for the WTO’s Doha Round
Jagdish Bhagwati
March 29, 2011

Li & Fung Warns of End of Cheap China Goods

As the era of Chinese bargains comes to an end, suppliers will still profit
Rahul Jacob
March 28, 2011

China Grabs Latin America, Well Ahead of Obama's Outreach

The US may have put Latin America on the back burner for too long
Andrés Cala
March 25, 2011

Quinoa’s Global Success Creates Quandary at Home

Due to surging demand, Bolivians can no longer afford a traditional staple
Simon Romero, Sara Shahriari
March 23, 2011

Let’s Avoid Food Riots

Governments neglect serious ongoing threats of food shortages
Nayan Chanda
March 15, 2011