In the mid-1920s, the mood in the United States was buoyant. After years of surging economic growth, fuelled by expansion in the automobile industry and speculation in financial markets, the United ...

It is easy to be cynical about global summits like the Group of Seven (G7) leaders’ gathering in Hiroshima earlier this month, especially when they involve a parade of photo ops, 40-page communiqués, ...

Globalization “isn’t the only, or even the real, story of international economics over the past four decades,” writes Shannon K. O’Neil in her latest book The Globalization Myth: Why Regions Matter.

We study the evolution of trade globalization in a set of countries in Latin America (mostly the largest ones) and Asia over the past 25 years. Relying on structural gravity models, we first estimate ...

Editor's Note: Foreign trade and investment play a vital role in stabilizing growth and employment, as well as building a new development paradigm. In an interview with Economic Daily, Zhao Zhongxiu, ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Globalization continues—the widespread predictions of its death were wildly ...

The authors argue that the effects of economic globalization on social democratic parties in Western Europe are conditional on the position of the median voter. If the median is far enough to the ...

The U.S. and Europe are facing growing migration crises and humanitarian emergencies at overwhelmed borders — raising the question of how to legally authorize the flow of people who do not count as ...