Explore the history, benefits, and challenges of globalization in business, emphasizing its impact on economies, industries, and consumers worldwide.

"The worst is yet to come, and for many people, 2023 will feel like a recession." Pierre Olivier Gourinchas' warning from the IMF's World Economic Outlook in October 2022 underlined the significant ...

Globalization is receding into history almost as though it had been a passing fad. Actually much more than a fad, it was the dominant force in relations between the United States and the rest of the ...

While the US-China rivalry may disrupt global economic arrangements, it certainly does not augur a sharp decline in human interdependence. History shows that globalization is largely driven by ...

“We have big companies that we all know, whether it’s Boeing or Coca-Cola, that have gone global. But … there’s tens of thousands of other companies that yes, they did go abroad, but when they did, ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...

President Donald Trump’s tariffs and protectionism are hardly new. For example, Presidents Ronald Reagan and Bill Clinton restricted Japanese car imports, which motivated Toyota Motor Corp. Honda ...

Globalization was sold to the world as progress. Open markets, free trade, global integration, and interconnected economies were supposed to create prosperity for everyone.