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

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global economy

Taiwan risk therefore runs through two enormous arteries of the global economy: semiconductors and shipping.

From MarketWatch ● Sep. 24, 2026

Treasury yields gave back early increases and settled just below Friday levels, as investors grappled with volatile oil prices and their potential impact on the global economy.

From The Wall Street Journal ● Sep. 15, 2026

It views data centres as underpinning public services and crucial to attract investment and allow Britain to compete in the global economy.

From BBC ● Sep. 15, 2026

The economy performed better than feared in the first half of the year, "supported by a robust global economy and the worldwide AI boom", they said.

From Barron's

And the big questions in this era were: Where does my company fit into the global economy?

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