Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In our interconnected world, business globalization is crucial for growth. Companies are ...

The map above shows the importance (size) of international trade to each US state’s economy in 2015, calculated as: Total Trade (State Exports + State Imports) divided by State GDP. The average trade ...

Globalization is under attack. The electoral victory of Donald Trump, the Brexit vote and the rise of an aggressive nationalism in mainland Europe and around the world are all part of a backlash to ...

We study the evolution of trade globalization in a set of countries in Latin America (mostly the largest ones) and Asia over the past 25 years. Relying on structural gravity models, we first estimate ...

A story in the Washington Post said “20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. In the U.S. and Europe consumers would have their ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...

A few weeks ago, the people of the United Kingdom voted to leave the European Union. The long-term impact of the vote to the UK is unclear. But it is likely that, despite their enthusiasm to leave the ...

Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they ...

Nearly 500 years before Christopher Columbus set sail for the Americas, much of the world was already connected via trade, exploration, and cultural exchange. In fact, one can trace globalization all ...