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Globalization integrates economies and cultures, boosting efficiency and production, but also increases vulnerability to global economic shocks.
it's hard to see how new tariffs or any other policy that disincentivizes globalization wouldn't eventually lead to higher ...
The age of globalization has driven rapid shifts in the location of economic activity. In 1990, the share of the high-income economies in global output at purchasing power parity (or PPP, the rate at ...
“The world has redefined globalization as allowing domestic companies to make profits abroad, and allowing foreign industries and services to enter the home country without harming its national ...
To the contrary, the plateauing of the global trade ratio is partly a side effect of economic development—a sign of globalization’s success. Take the example of China, which has seen its ratio of ...
Here’s a quick rundown on deflation's definition: Deflation is the term economists use for a sustained period of dropping prices. Intuitively, it’s the opposite of inflation.
By definition, tariffs raise costs, which is bad for inflation, productivity, economic activity, and corporate earnings. And what’s bad for corporate earnings is bad for the stock market .