Globalization

Ask CFR Experts Asked by Fagner Dantas, from Universidade Federal da Bahia

Globalization refers to the increasing ease with which goods, services, capital and people can move across the world, which has been accelerated by advances in technology and government policies to reduce barriers. In terms of reducing poverty in as many countries as possible, there is no question that globalizationcontinues to be beneficial, even after the 2008 financial crisis. Poverty continues to fall worldwide at a rapid rate, and countries most integrated into the world economy have seen the biggest reductions in poverty. But it is also true that even before the crisis, the gains from globalization were not spread evenly. Though millions have been lifted out of poverty and everyone benefits from cheaper consumer goods and the opening of new export markets, there are still winners and losers.

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Audio

Trade Tensions: Challenges and Opportunities After the Midterm Elections (Audio)

Speakers: Charlene Barshefsky, Jagdish N. Bhagwati, and Douglas A. Irwin
Presider: Edward Alden

Experts assess the global position of the United States, current state of U.S. trade policy, and results of globalization on NAFTA.

This session was part of CFR's Stephen C. Friedheim Symposium on Global Economics which was made possible through generous support from Stephen C. Freidheim.

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Audio

Globalization and India

Listen to Manjeet Kripalani, the Council's Edward R. Murrow Press Fellow, lead a discussion with students on India and globalization as part of the Council's Academic Conference Call Series.

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Book

Globalization: What’s New?

Edited by former Council Senior Fellow and former Maurice R. Greenberg Geoeconomics Center Director Michael Weinstein, and with original contributions from ten eminent economists, Globalization: What's New? cuts through the confusion and rhetoric surrounding globalization to offer straightforward, incisive analyses of the subject and its future.

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Book

In Defense of Globalization

Author: Jagdish N. Bhagwati

An internationally renowned economist, Jagdish Bhagwati takes conventional wisdom—that globalization is the cause of several social ills—and turns it on its head. Properly regulated, globalization, he says, is the most powerful force for social good in the world.

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