Globalization, which is not a new phenomenon, may be defined as the increasing interaction among, and integration of, the activities—especially economic activities—of human societies around the world.

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 ...

US companies eagerly offshored their supply chains to drive down costs and boost profits. But today, the world economy is a ...

Germany's economy, which thrived during the boom years of globalization, is stagnating. And economic woes are looming large with voters heading to the polls this weekend.