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.

Pointless Punishment

Sanctions are not easing conflict in Ukraine and could disrupt Asian allies of the US
Ely Ratner and Elizabeth Rosenberg
August 23, 2014

China Must Lift Trade Restrictions on Rare Earth Elements

Countries can conserve raw materials, but restrictions must apply to domestic markets, too
August 18, 2014

An Opportunity That India Let Go

Indian farmers cling to wasteful subsidies
Nayan Chanda
August 11, 2014

An Interview With the US President

Interview offers insights on US ties with emerging economies, Russia and China
August 8, 2014

The World Cannot Afford a Cold War

Russia and the West expect other nations to choose sides
Nayan Chanda
August 4, 2014