Trump against the world?
Jesco Denzel/German Federal Government via AP
International trade policy requires three traits to be successful and lead to mutual prosperity. Trump's is missing all three, as he showed at the G-7 summit.
While some argue globalization has been bad for the environment, the move towards deglobalization could spell serious trouble for climate. This photo from 2014 shows smoke streams from the chimneys of a coal-fired power station in Germany.
(AP Photo/Martin Meissner, File)
Some experts argue globalization has been bad for the environment. But moving away from globalization could have other consequences that could be even more devastating for the environment.
Jamaica’s lotto scammers have gotten rich tricking American seniors and gamblers into thinking they’ve won the lotto, then demanding a modest ‘processing fee.’
Lotto scamming — a criminal enterprise largely targeting elderly Americans — is lucrative in western Jamaica, where it is thought to be behind 50 percent of all area murders last year.
The word globalization has lost its relevance and meaning with the emergence of the new global economy of the 21st century.
The word globalization has lost its relevance and meaning with the emergence of the new global economy of the 21st century. Economists need a new word to help clarify our new economy.
How can we sort out the crisis of contemporary democracy?
Where are all the people in this factory?
AP Photo/Jeff Chiu
The Industrial Revolution led to centuries of social and economic upheaval. Are economists telling us not to worry about workplace automation because things will be better in a couple hundred years?
Is there really a strong division between folks like Brexit leader Farage and global citizens Bill Gates and Canadian PM Justin Trudeau?
REUTERS/Peter Nicholls, Geoff Robins
Data show that many people who consider themselves ‘global citizens’ also harbor strong national sentiments. The two aren’t mutually exclusive.
Drought-damaged corn on an Ohio farm, 2012.
Christina Reed, USDA/Flickr
Climate change, rising food demand and globalization are putting pressure on world food production. New research explores the risk of failures in several of the world's breadbasket regions at once.
The government should focus more on supporting whole towns, rather than propping up certain industries like car manufacturing.
The side effects of globalisation that have led to our current populist politics will not be successfully addressed by old-style industry policy.
No rest for the weary in a 24/7 economy.
Ever more people are stuck with shift work in a globalised economy that operates 24 hours a day, seven days a week.
University students experiment with human-robot interaction and autonomous manipulation, two elements of manufacturing’s future.
Today, the U.S. is leading the robotics revolution. But without timely investment, China will overtake us, and could permanently put Americans out of work.
Just a sample of the $1.2 trillion of goods traded every month.
A new WTO trade deal is expected to provide up to $1 trillion in economic gains by eliminating bureaucracy. But that's not its most important benefit.
A family catches Mardi Gras beads during the Krewe of Thoth parade down St. Charles Avenue in 2000.
Each Mardi Gras, 25 million pounds of beads hit the streets of New Orleans. One researcher went to the Chinese factories that make them – and spoke to the workers who believe the beads will be given to royalty.
President-elect Trump and Brexit booster Nigel Farage: two faces of today’s nationalism.
Financial crises and soaring inequality fueled the populist backlashes that threaten neoliberalism's core principles of free markets and free people. The world needs a new narrative to counteract it.
A rally in Michigan: Trump’s presidential victory was won in the Rust Belt states, which have been hit hard by globalization.
AP Photo/Carlos Osorio
Globalization in its present form has generated economic inequalities, political uncertainties and cultural anxiety. Is there a way to move forward that benefits more people?
A glimpse of China’s ‘export machine’ at Ningbo port in Zhejiang province.
China’s goods are everywhere, thanks to the gains China has made from trade and foreign investment. Now that China wants to return the favor, the US may risk losing out if it chooses to turn inward.
We can give thanks to the strong winds of trans-Atlantic trade for ‘Tom Turkey.’
A globalization expert shares two surprising tales of how the powerful winds of trans-Atlantic trade affected the quintessentially American holiday.
Who needs government? A Tea Party protest on tax day in 2010 in New York.
Mary Altaffer/AP Photo
The painful effects of globalization and political corruption have decayed Americans' trust in the federal government.
Are drawbridge issues challenging our two-party system?
Debate over trade and immigration have caused rifts within parties this year. An international relations expert explains how these global issues will continue to challenge our two-party system.
Will the gains from globalization be allowed to go up in smoke?
With foes of globalization seeing their voices trumpeted by Brexit and Donald Trump's candidacy, the G20 needs to act as a counterweight that sounds a clear vision for a connected future.