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.

A Lesson in the “Link”

Globalization, with long supply chains and huge markets, requires diligence on every ingredient and procedure
Nayan Chanda
October 16, 2008

China Tangled Up in Red, White and Blue

China closely follows the US presidential election, yet anticipates no major policy shift
Dingli Shen
October 16, 2008

The Death of the Washington Consensus?

In the wake of a global credit crisis, regulation, trade strategy and industrial policies are back in vogue
Kevin Gallagher
October 15, 2008

How Can We Preempt Investment Protectionism?

Collective action by countries with sovereign wealth funds could ease concerns
Ernesto Zedillo
October 23, 2008

Brazilian Beef Purchase Is Challenged by the US

Economic downturn squeezes US farmers and meat-packers
John R. Wilke
October 22, 2008