Globalization has become a defining feature of the modern economy, characterized by the interconnectedness of markets and the international flow of goods, services, and capital. At the heart of this ...
Good evening. I'm John Yang. Across the globe this weekend, world leaders are trying to figure out how to respond to President Trump's attempt to reshape the global economy by imposing steep tariffs.
The change in the average U.S. tariff rate in 2025 was the largest in the modern era. One way to assess the effects of such a ...
Does globalization enhance resilience? Or does it have no effect? Or the opposite effect? For the two major economic disruptions so far this century—the global financial crisis starting in 2008 and ...
Globalization integrates economies, enhancing trade and specialization across countries. Tech advances foster global culture sharing, but create economic shifts impacting local jobs. Globalization ...
Globalization’s rich history began long before giant conglomerates such as Amazon and Google existed. There is a timeline of discovery, protectionism, liberalization, financial crisis, and economic ...
Learn how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.