The global economy thrives on globalization and the increasing interdependence of finance, production, consumption and trade. Such integration has reduced poverty, yet varying national policies along with ever-increasing speed of transactions and market news have also contributed to imbalances, both among nations and within. Regulations often do not keep pace in managing cross-border debt, foreign direct investment, corporate practices, tax codes or economic bubbles. The eurozone crisis and the US subprime mortgage crisis have demonstrated that one nation’s problems and panic can spread like wildfire. Nations must combine a competitive spirit with cooperation to achieve stable economic growth and sustainable prosperity.

Shale Gas Helps Fracture US-Saudi Ties

Saudi Arabia is vexed at shifting balance of power as the US transforms into its competitor
Joergen Oerstroem Moeller
April 1, 2014

The US Economy Grows, But Jobs Don’t

Confounded by off-shoring and technology, macro-management does not produce job growth
Ashok Bardhan
March 13, 2014

Debt Ceiling Redux?

Global markets would cheer if the US president ignores debt-ceiling law
James Leitner and Ian Shapiro
February 20, 2014

China Moves to End Its Codependency with US

China is striving for new economic balance and self-reliance, and the US should do the same
Stephen S. Roach
February 18, 2014

Compete in the World? Yes, Indians Can

Indian workers perform well and earn top incomes in most places except India
Kishore Mahbubani
January 14, 2014

Putin’s Gas-Fueled Bailout of Ukraine

Europe may have given up too quickly on bailout and potential trade agreement
David R. Cameron
January 2, 2014

Pages

British Icons Cash in on China's Day of Sales Madness

“Singles Day” transforms the economic and cultural calculus of online spending
November 14, 2016

Understanding Latin America’s New Political Paradigm

Economic conditions decide elections
Ernesto Talvi
November 11, 2016

India to Replace Largest Bank Notes

The goal is to curb counterfeiting and tax evasion
Raymond Zhong
November 10, 2016

EU Agrees Screening Process for Tax Havens, Critics Cry Foul

By reducing revenues for education and health care, tax havens reinforce inequality
Francesco Guarascio
November 10, 2016

Climate Change and the Risks of Denying Inconvenient Truths

US leaders are in denial about how a warming planet will disrupt many industries
Martin Wolf
November 2, 2016

Pages