The global economy faced many hurdles in 2025. The U.S. government upended longstanding economic wisdom in a manner many ...
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 ...
In our interconnected world, business globalization is crucial for growth. Companies are expanding globally to reach new markets, diversify and access global talent. As a seasoned business ...
A consensus is emerging that the world is cleaving into blocs—not only geopolitically but economically, too. In 2020, the economist Douglas Irwin wrote that “the COVID-19 pandemic is driving the world ...
The world faces a series of urgent environmental, economic and security challenges, with time ticking down to address them. All this is taking place while companies and countries grapple with ...
I’ve recently read two books that help clarify the competing sides in today’s growing intellectual debate over free trade, globalization, and neoliberalism. On one side is Trade Wars Are Class Wars ...
WASHINGTON, June 10, 2025—Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, ...
With the proposed policies of the new U.S. administration bound to reshape global trade, we’re witnessing the "great unwinding" of the interconnected global system. Recent changes in trade policy and ...
This story was originally published by The Guardian and is reproduced here as part of the Climate Desk collaboration. The global economy could face a 50 percent loss in gross domestic product between ...