In a surprising reversal of the traditional narrative surrounding globalization, a new study suggests that the phenomenon has had a profound impact on the economic fortunes of nations around the world - and it's not just the United States that has benefited. According to the research, countries that have participated in the global economy have seen significant increases in their GDP per capita, with some nations experiencing growth rates of over 300% in the past few decades. The findings challenge the conventional wisdom that globalization has only enriched the wealthy at the expense of the poor, instead painting a more nuanced picture of a global economy that has lifted millions of people out of poverty. But what does this mean for the future of international trade and economic development?


Globalization helped make everyone else much richer, too.