post image

How to define economic globalization?

The word “globalization” comes up frequently in discussions of globalization, particularly in discussions around the “economic globalization” concept, which is an alternative term for the term “global trade,” a term that was coined by economist Joseph Stiglitz in 2012 to describe the economic integration of different countries and regions.A definition of economic globalization that encompasses

post image

Economists say US economy needs to expand to cover every area

The US economy has grown about 7% this year, according to figures released on Tuesday by the Federal Reserve. But that growth has come with a huge increase in debt. In the last year alone, the US has increased the total amount of debt outstanding by $3.2 trillion, an increase of more than 300% from just three