global economy

Cultural  

1. The international spread of capitalism, especially in recent decades, across national boundaries and with minimal restrictions by governments. The global economy has become hotly controversial. Critics allege that its props, free markets and free trade, take jobs away from well-paid workers in the wealthy nations while creating sweatshops in the poor ones. Its supporters insist that the free movement of capital stimulates investment in poor nations and creates jobs in them. The process is also called globalization.

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global economy

What the IMF says matters – it aims to keep the global economy stable and its twice-yearly forecasts are one of the most authoritative looks at what is really going on around the world.

From BBC ● Oct. 13, 2026

Unlike the Panama Canal, they aren’t crucial to the global economy.

From Salon ● Oct. 13, 2026

Also read: The global economy is starting to look K-shaped.

From MarketWatch ● Oct. 13, 2026

"The global economy has been resilient, but that resilience is under strain, with risks to growth tilted to the downside," said Silvana Tenreyro, the IMF's chief economist.

From Barron's ● Oct. 13, 2026

For entry-level jobs into the global economy, these are about as good as it gets.

From "The World Is Flat" by Thomas L. Friedman