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.

GE Taps a World of Local Skills

Even in a 'borderless' world, location still matters
Peter Marsh
February 18, 2004

India's Diamonds Lose Their Luster

Global consumers abruptly redefine their wants and needs
Neeta Lal
February 5, 2009

Asian Central Banks Consider Alternatives to Big Dollar Holdings

In efforts to reduce US dollar reserves, Asian Tigers, China and Japan could spook US bond markets
Phillip Day
February 5, 2004

For Russia's Migrants, Economic Despair Douses Flickers of Hope

Russian migrants are facing increasing hardship as the country’s economy declines
Michael Schwirtz
February 16, 2009

An Outsourcing Giant Fights Back

Indian businessman to US: you're overreacting
Saritha Rai
March 21, 2004

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