Complete coverage on

Globalization

Last week United States senators expressed dismay and outrage to learn that the uniforms for American Olympians were produced in China. But this is not new. For years unrestrained globalization has seen textile and clothing multinationals race to the bottom in the search for cheaper and cheaper production.

Latest Stories

Davos explainer: What is the 'new reality' faced by the world?updated: Tue Jan 25 2011 09:21:00

The global economic crisis exposed fault lines in our capitalist system with such ferocity that even the most optimistic of analysts struggled to predict when -- or even whether -- a full recovery was possible.

New reality for UK retireesupdated: Tue Jan 25 2011 09:21:00

Many Brits are facing a new reality when it comes to retirement. CNN's Jim Boulden reports.

An author's take on 'mega-diplomacy'updated: Thu Jan 20 2011 11:26:00

The author of "How to Run the World: Charting a Course" talks to CNN's Errol Barnett about politics and globalization.

The middle class is being 'hollowed out'updated: Fri Oct 22 2010 13:30:00

Technology and globalization are putting the jobs of millions in America's middle class at risk, says analyst Fareed Zakaria.

Zakaria: Optimism key to American dreamupdated: Fri Oct 22 2010 13:30:00

CNN's Fareed Zakaria says we have to believe "we are masters of our destinies" in order to restore the American dream.

Fortune: The new global opportunityupdated: Wed Jun 23 2010 06:42:00

Unless you spend all your time looking at GDP figures, the $58 trillion global economy is almost too big to fathom. In a famous 1995 article in Prospect magazine, the British writer Nico Colchester attempted to make this immense figure more manageable by imagining the world economy as 26 Italys. Italy, he thought, was a convenient unit of account (back then its economy was worth roughly $1 trillion). Besides, all of us sort of know what Italy looks like and makes. As an economy you can picture it.

Sarkozy calls for reform amid 'crisis of globalization'updated: Wed Jan 27 2010 17:11:00

French President Nicolas Sarkozy threw his weight behind Barack Obama's bank reform plan as he delivered his keynote speech at the 40th World Economic Forum at Davos Wednesday.

Sarkozy criticizes capitalismupdated: Wed Jan 27 2010 17:11:00

At the World Economic Forum, French Pres. Nicolas Sarkozy calls for tighter financial regulations, including pay limits.

Fortune: For Mr. BRIC, nations meeting a milestoneupdated: Wed Jun 17 2009 14:52:00

For the first time, Brazil, Russia, India, and China -- dubbed the BRIC nations -- held a summit this week to discuss the global economy and their role in it.

CNNMoney: Economic decay easing - Geithnerupdated: Fri Apr 24 2009 17:36:00

The severe decay in the global economy is easing but serious problems still loom, Treasury Secretary Tim Geithner said Friday.

Fortune: G-20 - Not the world's finest hourupdated: Wed Apr 08 2009 17:45:00

As Barack Obama headed back from his first diplomatic venture, two distinct views of his performance are emerging in Washington.

CNNMoney: Obama: G-20's 'unprecedented steps'updated: Thu Apr 02 2009 17:10:00

World leaders agreed Thursday to tighter regulation of the global financial system and pledged more than $1 trillion to bolster lending by the International Monetary Fund to nations in need.

Global markets surge on U.S. optimismupdated: Thu Apr 02 2009 16:28:00

Shares on Wall Street surged higher Thursday, following a global market upswing amid renewed optimism as G-20 leaders in London agreed a deal on lifting the global economy out of crisis.

Protests draw diverse crowdupdated: Thu Apr 02 2009 15:23:00

CNN's Jim Boulden reports on the myriad of signs and symbols ahead of the G20 summit.

CNNMoney: Stock rally rechargedupdated: Thu Apr 02 2009 10:25:00

Stocks rallied Thursday morning as the G-20 meeting of the world's largest economies got underway and regulators reportedly eased rules that determine how banks value bad debt.

CNNMoney: G-20 deserves better protestersupdated: Thu Apr 02 2009 10:09:00

A great age of protest should be dawning. The global mismanagement of the financial system has led to a deep recession. Intellectual paralysis has gripped the authorities and their policy response has been risky.

Fortune: Six questions for G-20 leadersupdated: Thu Apr 02 2009 06:28:00

French President Nicolas Sarkozy is threatening to walk if there's no agreement on new and more stringent international financial regulation. German Chancellor Angela Merkel may throw a fit of her own if other countries keep insisting that the Germans have room for a bigger economic stimulus package. The Russians and Chinese want to get some control over the International Monetary Fund, and if there's one issue on which there is a wide consensus, it's that American corporate greed and negligent financial oversight is to blame for all the mess.

Police contain G-20 protestsupdated: Thu Apr 02 2009 04:36:00

Thousands of demonstrators in London participate in a day of pranks and protests before the G-20 summit.

Obama-Hu meetingupdated: Thu Apr 02 2009 02:29:00

Chinese President Hu Jintao and U.S. President Barack Obama meet on the sidelines of the G-20. CNN's Emily Chang reports.

Obama, Brown demand new bank rulesupdated: Wed Apr 01 2009 22:52:00

U.S. President Barack Obama and British Prime Minister Gordon Brown say the G-20 must agree new rules for banks.

Obama packs busy schedule into day before G-20 summitupdated: Wed Apr 01 2009 22:52:00

Barack Obama announced new arms negotiations with Russia's president, discussed North Korea with China's president, talked about the global economy with Britain's prime minister and had tea with Queen Elizabeth II on Wednesday -- a busy day for any leader.

CNNMoney: Obama's G-20 testupdated: Wed Apr 01 2009 19:10:00

As President Obama brings a proposed wish list for fixing financial markets and the global economy to the world stage, he's likely to have a tough sell.

Sarkozy talks tough over G-20 regulationupdated: Wed Apr 01 2009 15:14:00

French President Nicolas Sarkozy insisted Wednesday that new financial regulation is a "non-negotiable" aim of the G-20 Summit in London, as world leaders gathered for the event.

Townsend: London police out in force for G-20 securityupdated: Wed Apr 01 2009 14:55:00

Security at the G-20 summit in London, England, is tight as protesters fill the streets. CNN anchor Kiran Chetry spoke Wednesday with Frances Townsend, who was Homeland Security adviser under the Bush administration, about the security. Townsend now is a national security contributor on CNN.

CNNMoney: Don't blame capitalism for this messupdated: Wed Apr 01 2009 10:39:00

The world faces crisis of finance, not a crisis of capitalism.

CNNMoney: Obama: G-20 must agree on bank rulesupdated: Wed Apr 01 2009 09:23:00

President Obama said Wednesday world leaders meeting at the G-20 summit "cannot afford half-measures" as they try to hammer out ways to address the global financial crisis.

Protesters always early adopters of technologyupdated: Wed Apr 01 2009 06:18:00

Headlines proclaiming that G-20 activists and police are following each others' activities on Twitter, Facebook and other social networking sites may give one the impression that a new age of surveillance and political activism has dawned.

Britain's Brown urges moral values at G-20updated: Tue Mar 31 2009 09:58:00

Leaders at this week's Group of 20 summit must reshape the world's economic system to reflect global values, British Prime Minister Gordon Brown said Tuesday.

Obama's European tourupdated: Tue Mar 31 2009 09:58:00

CNN's Paul Steinhauser discusses President Obama's trip to Europe and public opinion.

Financial crisis dominates G-20 agendaupdated: Tue Mar 31 2009 07:33:00

This week's London Summit brings together the leaders of the world's 20 largest economic powers, known as the Group of 20, to discuss the global financial crisis and decide new measures to set the world on a more stable economic footing.

CNNMoney: Brown sets bold agenda for G-20 Summitupdated: Mon Mar 30 2009 08:18:00

This week's London Summit brings together the leaders of the world's 20 largest economic powers, known as the Group of 20, to discuss the global financial crisis and decide new measures to set the world on a more stable economic footing.

Protesters, police go online in G-20 battleupdated: Fri Mar 27 2009 13:51:00

Social networking Web sites are set to play a crucial role in protests ahead of next week's G-20 meeting of world leaders in London as demonstration organizers and police use Twitter and Facebook as key sources of real-time information and intelligence.

Brown, bank chiefs thrash out G20 plansupdated: Fri Mar 27 2009 06:19:00

Top executives of leading international banks were meeting the British prime minister and treasury chief Tuesday to discuss kick-starting the global financial system ahead of next month's G20 summit.

CNNMoney: Obama calls for global cooperation in op-edupdated: Tue Mar 24 2009 10:31:00

President Barack Obama reached out to citizens of the world Tuesday, saying in an op-ed piece that ran in 31 newspapers around the globe that there is an urgent need for worldwide economic cooperation.

Obama calls for global economic cooperationupdated: Tue Mar 24 2009 09:47:00

President Obama reached out to citizens of the world Tuesday, saying in an op-ed piece that ran in 31 newspapers around the globe that there is an urgent need for worldwide economic cooperation.

European leaders agree to extra stimulus moneyupdated: Fri Mar 20 2009 11:37:00

European leaders have agreed to make $100 billion available to the International Monetary Fund and €50 billion ($68 billion) to eastern European countries, British Prime Minister Gordon Brown said Friday.

Commentary: 3 billion poor people need world's helpupdated: Fri Mar 20 2009 09:51:00

The G-20 meeting in London, England, on April 2 will be watched by the entire world with urgency and with a yearning for hope, vision and programmatic clarity.

Fortune: How the export addiction startedupdated: Tue Mar 17 2009 13:36:00

The April 2 meeting in London of the major world economies known as the G-20 could be the most important global economic gathering since 1944, when the Bretton Woods conference reshaped the old order near the end of World War II.

Mexico to raise tariffs on U.S. exportsupdated: Mon Mar 16 2009 20:15:00

Mexico has announced plans to raise tariffs on almost 90 U.S. exports, Mexican and U.S. officials confirmed Monday.

CNNMoney: Mexico to raise tariffs on 90 U.S. exportsupdated: Mon Mar 16 2009 20:01:00

Mexico has announced plans to raise tariffs on almost 90 U.S. exports, Mexican and U.S. officials confirmed Monday.

CNNMoney: Stocks try to make it 5 in a rowupdated: Mon Mar 16 2009 09:47:00

Bank stocks led a bigger rally Monday morning, as investors looked to extend the recent advance to a fifth straight session.

Obama, Brown discuss new economic partnershipupdated: Tue Mar 03 2009 14:43:00

President Obama and British Prime Minister Gordon Brown said Tuesday that the global economy would recover from the recent sharp downturn but that it would require a common effort to combat protectionist impulses, coordinate economic stimulus efforts and update antiquated regulatory structures.

CNNMoney: 'Buy American' rules still topic of debateupdated: Fri Feb 13 2009 10:58:00

The heated war of words over "Buy American" laws may be nearing a truce in Congress, but there are still fears among critics that it could spark a new global trade war.

Commentary: Free trade has sold out the American workerupdated: Mon Feb 09 2009 12:26:00

While America reels from the worst economic crisis since the Great Depression, it is time that we take a deeper look at the root causes of our current predicament.

Mayor: Help working peopleupdated: Mon Feb 09 2009 12:26:00

CNN's John Roberts speaks to the mayor of Lansing, Michigan, about the economic stimulus plan.

Bush: Protect free tradeupdated: Sat Nov 22 2008 23:07:00

President Bush is at the APEC summit, appealing to world leaders to protect free trade. CNN's Juan Carlos Lopez reports.

CNNMoney: Bush urges against trade barriersupdated: Sat Nov 22 2008 12:14:00

President George W. Bush, in what could be his final overseas trip as president, called on international leaders to continue his administration's push for free trade despite the global financial crisis.

Zakaria: Summit an important new beginningupdated: Fri Nov 21 2008 12:06:00

World leaders unveiled a set of sweeping plans Saturday aimed at tackling the ever-expanding economic crisis, which has roiled financial markets worldwide.

GPS: War in Afghanistanupdated: Fri Nov 21 2008 12:06:00

Fareed Zakaria discusses the Afghanistan war and the unpleasant choices that lie ahead for President-elect Obama.

Leaders arrive for G20 talksupdated: Tue Nov 18 2008 03:13:00

CNN's Richard Quest reports on the extraordinary meeting of world leaders tackling the economic crisis.

G20 leaders call for tougher rules on banksupdated: Tue Nov 18 2008 03:13:00

World leaders emerged Saturday from a summit on the global financial crisis, calling for tougher rules on banks and for a series of measures early next year to stabilize global markets.

CNNMoney: Dollar down after G-20 meetingupdated: Mon Nov 17 2008 17:26:00

The dollar ticked lower against major European currencies Monday after the weekend's G-20 economic summit in Washington failed to impress currency investors.

CNNMoney: G-20 declaration on financial crisisupdated: Sat Nov 15 2008 15:28:00

A group of nearly two dozen world leaders on Saturday reached agreement on a wide-ranging set of proposals to better regulate financial markets. Their goal is over the next several months to put rules and early-detection systems in place to head off another financial crisis like the one currently damaging economies worldwide.

Fortune: Don't get slammed by the rising dollarupdated: Fri Oct 31 2008 14:39:00

For U.S. multinationals trying to sell in a slowing global economy, currency has been a hidden source of strength.

Why talks failed: U.S. opinionupdated: Wed Jul 30 2008 23:56:00

U.S. Trade Representative Susan Schwab discusses why talks failed at the WTO summit.

G8 effectivenessupdated: Wed Jul 09 2008 23:27:00

Some critics call the G8 conference a waste of time. CNN's Kyung Lah reports.

Time.com: G-8: Bush Hails Climate Change Work updated: Wed Jul 09 2008 07:00:00

President Bush on Wednesday hailed the move by G-8 leaders to coalesce behind a global climate-change strategy, claiming "significant progress"

G8 leaders warn Iran and Zimbabweupdated: Tue Jul 08 2008 13:06:00

The leaders of the Group of Eight nations expressed concerns Tuesday about Iran's nuclear program and Zimbabwe's election crisis.

Bush's last chance at the G8updated: Tue Jul 08 2008 13:06:00

President Bush faces tough challenges at his last G8 summit. What are the prospects of real progress? CNN's Elaine Quijano reports.

Impact of climate changeupdated: Sun Jul 06 2008 23:42:00

CNN's Sasha Herriman speaks to Andrew Torrance of UK Allianz on the role of climate change in the upcoming G8 meeting.

The world in their hands: What can come from the G8 summit?updated: Sun Jul 06 2008 23:42:00

From July 7 to 9, the small town of Toyako in Japan will become the center of the world when the leaders of the G8 countries meet for their annual summit.

Bush: Olympic boycott would insult Chineseupdated: Sun Jul 06 2008 16:29:00

President Bush on Sunday defended his decision to attend next month's Olympics opening ceremony in Beijing, saying that to boycott "would be an affront to the Chinese people."

Bush lowers expectations for his final G-8 summitupdated: Sat Jul 05 2008 22:43:00

President Bush heads to Japan on Saturday for his final G-8 summit of world leaders as the global economy slumps, energy prices soar and food shortages loom in the developing world.

Bush's last chance at the G8updated: Sat Jul 05 2008 22:43:00

President Bush faces tough challenges at his last G8 summit. CNN's Elaine Quijano reports.

Japan G8 protestsupdated: Sat Jul 05 2008 21:23:00

While G8 leaders assemble to discuss world matters, various protests are expected to be held all over Hokkaido.

Time.com: G-8 to Wrestle Oil Pricesupdated: Thu Jul 03 2008 07:00:00

What to do about mounting global economic woes will be a focus of debate at the upcoming meeting of industrialized nations in Japan

McCain talks trade in Colombiaupdated: Wed Jul 02 2008 21:45:00

Sen. John McCain discussed free trade, illegal drugs and better relations Tuesday night with Colombian President Alvaro Uribe.

McCain visits Colombiaupdated: Wed Jul 02 2008 21:45:00

(R) presidential candidate John McCain travels to Colombia to tout his support for free trade. Juan Carlos Lopez reports.

McCain takes free-trade message south of borderupdated: Tue Jul 01 2008 21:28:00

Sen. John McCain, the presumptive Republican nominee for president, arrived in Tuesday in Colombia on a three-day trip that includes Mexico to talk about trade and drugs.

Fortune: John McCain on the economyupdated: Tue Jul 01 2008 15:19:00

Fortune: There's been a lot of bad economic news lately. On Friday we got a lot of bad economic numbers. The stock market took a big dive. It seems pretty clear that the country's facing grave economic challenges right now. But I'd like you to look a little further down the road, to when you're in the Oval Office - what do you see as the gravest long-term threat to the U.S. economy?

Poll: Majority against free tradeupdated: Tue Jul 01 2008 13:03:00

As Sen. John McCain prepares to promote free trade during a high-profile trip to Colombia and Mexico, a poll out Tuesday suggests the issue may be a political hurdle as the general election campaign heats up.

Fortune: Obama: NAFTA not so bad after allupdated: Wed Jun 18 2008 15:00:00

The general campaign is on, independent voters are up for grabs, and Barack Obama is toning down his populist rhetoric - at least when it comes to free trade.

Time.com: G-8 Ministers Concerned Over Oilupdated: Sat Jun 14 2008 15:00:00

Finance ministers from the Group of Eight industrialized nations urged oil producers Saturday to boost output

Time.com: South Africa Violence: Beyond Racism updated: Fri May 30 2008 17:45:00

Analysis: Economic inequality, not racism, drove the wave of anti-immigrant violence that shook the post-apartheid order. And that's a global problem

Fortune: Stagflation is back. Here's how to beat itupdated: Wed May 28 2008 12:08:00

Three decades ago, in a bleak stretch of the 1970s, an economic phenomenon emerged that was as ugly as its name: stagflation. It was the sound of the world hitting a wall, a combination of no growth and inflation. It created an existential crisis for the global economy, leading many to argue that the world had reached its limits of growth and prosperity. That day of reckoning was postponed, but now, after a 30-year hiatus, at least a mild bout of stagflation has returned, and matters could get much worse. We are back to the future, with the question we asked 30 years ago: How can we combine robust economic growth with tight global supplies of such critical commodities as energy, food, and water? It's worth comparing the earlier episode of stagflation with our current travails to help us find our way. In fact, this time the resource constraints will prove even harder to overcome than in the last round, since the world economy is much larger and the constraints are much tighter than

Fortune: A world of differenceupdated: Wed May 21 2008 05:39:00

Simply by chance, a pair of new cars fell into my hands last weekend that perfectly demonstrated the yin and yang of today's auto industry. The Pontiac G8 was powerful, exciting, fun to drive - and as obsolete as the buggy whip. The Nissan Cube was homely, utilitarian and slow - and we all ought to get used to it, because that's what most of us are going to be driving in the future.

Organized labor divided on Clinton, Obamaupdated: Fri May 02 2008 18:46:00

Sens. Hillary Clinton and Barack Obama have aggressively courted organized labor, but unions are divided between the Democratic candidates.

Candidates visit Midwestupdated: Fri May 02 2008 18:46:00

Sen. Hillary Clinton talks energy, Sen. John McCain talks healthcare, Sen. Barack Obama defends stance on Rev. Wright.

Bush: Expand trade in Americasupdated: Mon Apr 21 2008 23:19:00

In his weekly radio address, President Bush talks about the upcoming North American Leaders' Summit.

Bush makes case for free trade deal at summitupdated: Mon Apr 21 2008 23:19:00

President Bush used a meeting with Mexican and Canadian leaders Monday to hammer Democrats who oppose a free trade deal between the U.S. and Colombia, saying that blocking the deal is "bad for American workers and bad for our security."

'Important' trade agreementupdated: Wed Apr 09 2008 18:26:00

Condoleezza Rice says a free trade agreement with Colombia is important to support a key ally in Latin America.

Clinton adviser demotedupdated: Wed Apr 09 2008 15:09:00

CNN's Candy Crowley reports on how the demotion of a top Clinton adviser might play in the union stronghold of Pennsylvania.

Bill, Hillary Clinton disagree on Colombia trade pactupdated: Wed Apr 09 2008 15:09:00

Sen. Hillary Clinton and her husband Bill don't see eye-to-eye when it comes to a controversial free trade pact.

Bush touts Colombia trade dealupdated: Mon Apr 07 2008 16:51:00

President Bush say a new trade deal with Colombia will advance American national security interests by strengthening a key ally.

Bush challenges Congress on free trade pactupdated: Mon Apr 07 2008 16:51:00

President Bush on Monday moved to force a vote on a controversial free trade agreement between the United States and Colombia that Democrats oppose.

Face Time with Shaukat Azizupdated: Fri Apr 04 2008 13:09:00

China's economy is booming and Sheikh Mohammed Bin Rashid Al Maktoum's visit there this week highlights the U.A.E.'s ambitions to join in on this growth. CNN's John Defterios (JD) sits down with Shaukat Aziz (SA), former Prime Minister to Pakistan to talk about the emerging relationship.

Facetime with Shaukat Azizupdated: Fri Apr 04 2008 13:09:00

Shaukat Aziz, former Prime Minister to Pakistan, talks to MME about the emerging economies of China and the Middle East.

Face Time with Mahmoud Mohieldinupdated: Fri Mar 28 2008 13:57:00

As Middle East economies try to combat the impact of rampant inflation this week, Egypt raised interest rates for a second time this year to control the problem.

Face Time with Robert Kimmittupdated: Fri Mar 14 2008 11:50:00

It can't be easy to talk up the U.S. economy in the middle of a global stock market sell-off based on growing fears of a U.S. recession.

Facetime with Robert Kimmittupdated: Fri Mar 14 2008 11:50:00

MME talks with U.S. Deputy Treasury Secretary, Robert Kimmitt about the U.S. position on sovereign wealth funds.

Entrepreneurs: An MME roundtableupdated: Fri Feb 15 2008 07:55:00

Dramatic economic expansion in the Middle East has forced the region to shop around for talent.

Mexican farmers protest NAFTAupdated: Fri Feb 01 2008 05:49:00

Farmers gather to protest NAFTA in Mexico City, demanding the government renegotiate the deal. CNN's Harris Whitbeck reports.

Mexican farmers protest NAFTAupdated: Fri Feb 01 2008 05:49:00

Hundreds of thousands of farmers clogged central Mexico City Thursday with their slow-moving tractors, protesting the entry of cheap imported corn from the United States and Canada.

Fortune: America sours on free tradeupdated: Fri Jan 25 2008 15:50:00

"We are the champions - of the world" may be the verse that rings out in stadiums across the U.S., but in the great game of global trade, Americans are increasingly feeling like the losers. A large majority - 68% - of those surveyed in a new Fortune poll says America's trading partners are benefiting the most from free trade, not the U.S. That sense of victimhood is changing America's attitude about doing business with the world.

Fortune: A recession of global dimensions?updated: Tue Jan 22 2008 13:17:00

Are we entering America's first globalization recession? I think we may well be, but before explaining why, I want to emphasize two points.

CNNMoney: Commerce secretary upbeat on economyupdated: Fri Jan 11 2008 12:59:00

Despite rampant recession talk on Wall Street, Commerce Secretary Carlos Gutierrez remains upbeat on the nation's overall economic health.

Fortune: Republicans like protectionism, tooupdated: Thu Dec 13 2007 11:21:00

You don't have to travel to the Democratic side of the presidential race and to hear the chords of protectionism. That was evident at yesterday's Republican presidential debate in Johnston, Iowa - the last formal verbal joust before that state's voters kick off the official race by voting in caucuses on January 3.

We recommend