Discover how globalization drives growth in developed countries by enhancing trade, financial markets, and industrial output, ...

(THE CONVERSATION) National economies are increasingly moving in sync and responding to the same booms and busts as a result of near-instantaneous communications and interdependent global supply ...

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 ...

How come it feels like it's all bad news in the global economy these days? According to one economist, something he calls the "doom loop." ...

Add Yahoo as a preferred source to see more of our stories on Google. Commerce Secretary Howard Lutnick told attendees at this year’s World Economic Forum that “globalization has failed the West,” ...

A developed economy is one with sustained economic growth, security, high per-capita income, and advanced technological infrastructure.

Globalization brought us the era of declining interest rates that lasted four decades, and with it the era of bubble economics, starting with the dot-com bubble. Trump may seemingly be popping the ...