In the short run, FDI shows a positive and statistically significant impact on economic growth, suggesting that inflows of foreign capital stimulate activity through job creation, infrastructure ...

Discover when globalization began, from ancient trade routes to modern economic policies, and understand its impact on global trade and cultural exchange.

Globalization, as it is known today, has always been a contentious issue. It may not seem that way for people of my age who grew up under unfettered assumptions. The expansion of global trade as the ...

Rather than deglobalization, what we’re seeing is a strategic reconfiguration of global business—call it "precision ...

Shannon K. O’Neil offers a powerful case for why regionalization, not globalization, has been the biggest economic trend of the last forty years. Foreign policy analyses written by CFR fellows and ...

In 2023, the U.S. experienced a trade deficit of $773 billion, with China as its largest trade creditor. The U.S. trade deficit has steadily grown since 2009, regardless of which party held the ...

If I had started reading the recent column by Financial Times columnist Rana Foroohar, “Free trade has not made us free,” in the middle of the piece, I would have first come across this sentence: “Our ...

Globalization is going through its biggest stress test since the 2008 global financial crisis and its aftermath. But if you want to understand why the forces of economic integration may be more ...

Globalization is in trouble. A populist backlash, personified by U.S. President Donald Trump, is in full swing. A simmering trade war between China and the United States could easily boil over.

In The Globalization Myth: Why Regions Matter, CFR Vice President, Deputy Director of Studies, and Nelson and David Rockefeller Senior Fellow for Latin America Studies Shannon K. O'Neil offers a ...