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.

President Xi Jinping has emphasized that China will not change its resolve to expand high-level opening-up, its determination to share development opportunities with the rest of the world, and its ...

Expect more activity in the Arctic ocean in spring 2026, when the ice melts. But how quickly the region opens up depends on ...

The shock, and weaker American demand, would spill over to low-growth Europe and deflationary China, compounding the blow to ...

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 ...

Does globalization enhance resilience? Or does it have no effect? Or the opposite effect? For the two major economic disruptions so far this century—the global financial crisis starting in 2008 and ...

Two recent studies — both largely overlooked — cast considerable doubt on the certainty of this conclusion. One, by researchers for the McKinsey Global Institute, reminds us of how interconnected the ...

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Morrow: By “fragmentation,” (economists) are referring to a breakdown of the kind of ...

While trade is no new concept, businesses can become a presence in more areas all over the globe than ever before. But how did this happen? And what business industries experience globalization? Keep ...

When the financial system or the economy as a whole undergoes a rapid and large decline, it is said to be in a financial crisis. Financial assets such as stocks, bonds and real estate often see a ...