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.

In China’s Alleyways, Underground Banks Move Money

A variety of schemes bypass government restrictions on fund transfers outside the country
Chuin-Wei Yap
October 30, 2015

The Silk Road – Old and New

Allure of historic routes included gradual development of trade and respect
Nayan Chanda
October 26, 2015

TPP Is Surprising Vote of Confidence in Globalization

TPP would impose many US standards on other nations
Greg Ip
October 23, 2015

China's Xi Lauds Britain for “Visionary” Openness, Prods Others to Emulate

Trade with an economic rival can serve as a wedge issue in domestic politics
Stephen J, Adler and Jason Subler
October 19, 2015

The Trans-Pacific Free-Trade Charade

Governments may be giving up ability to regulate corporations on environmental and health protections
Joseph E. Stiglitz and Adam S. Hersh
October 8, 2015