Plate tectonics goes global

Today, the entire globe is broken up into tectonic plates that are shifting past each other, causing the continents to drift slowly but steadily. But this has not always been the case.

Pandemic shows central banks may be better off working together

A new University of Missouri Trulaske College of Business study suggests that when different countries make similar economic decisions during financial crises, the global economy improves much more quickly than if they act ...

Researchers investigate the impact of COVID-19 on terrorism

While government leaders are focused on fighting COVID-19, the threat of terrorism has not gone away. In fact, homeland security experts have warned that violent extremists may seek to take advantage of the fear and disruption ...

Globalization

Globalization refers to the increasing unification of the world's economic order through reduction of such barriers to international trade as tariffs, export fees, and import quotas. The goal is to increase material wealth, goods, and services through an international division of labor by efficiencies catalyzed by international relations, specialization and competition. It describes the process by which regional economies, societies, and cultures have become integrated through communication, transportation, and trade. The term is most closely associated with the term economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, the spread of technology, and military presence. However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors. The term can also refer to the transnational circulation of ideas, languages, or popular culture through acculturation. An aspect of the world which has gone through the process can be said to be globalized. Against this view, an alternative approach stresses how globalization has actually decreased inter-cultural contacts while increasing the possibility of international and intra-national conflict.

This text uses material from Wikipedia, licensed under CC BY-SA