Historically, the global economy was thrown into disarray by two world wars, which severed international trade routes. The subsequent nearly half-century-long Cold War divided the world into two ...
But while globalization — described by Peterson Institute for International Economics as the "growing interdependence of the world's economies, cultures, and populations," can have positive ...
If Trump’s first term was marked a disruptive jolt to the West, his second term seems more like a confirmation of historical ...
China has contributed to and benefited from economic globalization. In 2023, China posted total imports and exports worth about $6 trillion and had more than 1 million foreign companies developing ...