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 Food Crisis

Population, climate change, limited land and water, all strain global supplies
Martin Walker
September 10, 2010

Light Bulb Factory Closes; End of Era for US Means More Jobs Overseas

The path from invention to product and jobs is rough and long in a globalized world
Peter Whoriskey
September 10, 2010

If Only China Were More Like Japan

Some nations don’t save for the economic rainy days
John Lee
September 8, 2010

US Launched Corporate Globalization and First to End It

Tariffs could shrink trade – and global economy
Joe Costello
September 1, 2010

Banks Back Switch to Renminbi for Trade

The renminbi rush plays to China’s desire for global status
Robert Cookson
September 1, 2010