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 Death of Doha Signals the Demise of Globalization

The Doha deadlock foreshadows the end of globalization as we know it
Martin Jacques
July 13, 2006

Plan B for Plurilateralists

US must take leadership role in finding ways to overcome stalled multilateral trade agreements
Bernard K. Gordon
June 22, 2006

A Promise Not Kept

All 149 members expect a fair deal from the WTO
Paul Blustein
June 30, 2006

Russia’s Surging Steel Industry May Seek Role on a Global Stage

Cross-border merges in Russia’s burgeoning steel industry prove profitable for a country long ravaged with economic instability
Andrew E. Kramer
June 20, 2006

Southeast Asia’s New Best Friend

The US loses its grip on trade avenues and gains a reputation for carelessness
Tyler Marshall
June 22, 2006