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

These days, the people leading AI labs believe it could transform their industry, the global economy and perhaps the fate of humanity.

From The Wall Street Journal ● Oct. 31, 2026

The two elections again intertwine around the global economy.

From BBC ● Oct. 26, 2026

"It is everywhere in the global economy," Bank of Canada Governor Tiff Macklem said of AI on Friday.

From Barron's ● Oct. 17, 2026

When it comes to the future direction of the global economy there is a bit of a tug of war going on.

From BBC ● Oct. 17, 2026

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

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