Globalization is a multifaceted and complex process involving the integration of economies, societies, and cultures through the global network of trade, communication, and transportation.

Rather, the United States has simply stopped leading the drive for ever-greater globalization. This leadership vacuum has resulted in the fraying of the “governance of globalization,” as the former ...

Globalization combines gross domestic product (GDP), industrialization, and the Human Development Index (HDI). Developed nations benefit from globalization in production, international trade, and ...

1 BIS Quarterly Review, Bank for International Settlements (December 2006), p. 29. 2 IMF and International Telecommunications Union data.. 3 Joseph Stiglitz (2003), Globalization and Its Discontents ...

Cons . One clear result of globalization is that an economic downturn in one country can have a domino effect on its trade partners. For example, the 2008 financial crisis had a severe impact on ...

Over the past 15 years, a consensus has developed that globalization has run its course and gone into decline. One popular number supporting this argument: ...

Over the broad sweep of history, technological and intellectual innovation is the driving force behind globalization. It has lowered the cost of transportation and communication, increasing ...

Effects of globalization muted in region Capital Region, Rochester outpace other upstate areas By By ERIC ANDERSON Business editor Updated Oct 26, 2011 8:19 p.m.