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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Example Sentences

USD typically weakens when the global economy is improving, the members add.

From The Wall Street Journal

The U.S. and Qatar won’t be equally resilient in a global economy that could deliver a double-whammy to the industry through low international gas prices and weak demand.

From Barron's

“In a year dominated by news of rising tariffs and new trade restrictions the positive impact of this pact matters—not just for our two regions, but for the global economy,” she said.

From The Wall Street Journal

Fed decisions on rates routinely ripple globally thanks to the central role of the dollar in finance and trade and the importance of U.S. consumption to the global economy.

From The Wall Street Journal

Investors will be looking for updates on cost reductions, the spinoff of its less-than-truckload freight business, the health of the U.S. consumer, and the impact of tariffs on the global economy.

From Barron's