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 Future of Globalization

With no agreement at Doha Round, political leaders fail to make the world better off
July 27, 2006

US Shares Blame for Trade Talk Collapse

Wary of approaching congressional elections, the US president avoids frank talk on the true costs and benefits of globalization
Lael Brainard
July 28, 2006

Managing Globalization: A New Trade Bandwagon – Are Rich-Poor Pacts Fair?

Countries scramble to find partners for two-way trade deals, poor substitutes for a worldwide trade pact
Daniel Altman
August 8, 2006

End the Lie, Rejoice in Cheap Imports

The global public remains indifferent to the failure of negotiations in the WTO Doha Round
Edward M. Graham
July 21, 2006

The New Face of Globalization...

Mittal’s takeover of Arcelor, despite an onslaught of resistance in Europe, should spark changes in EU policy
Evgeny Morozov
July 16, 2006