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.

A Faltering Solidarity? EU Resists Eastern Bailout Pleas

EU cracks under pressure as individual countries keep their hands to themselves
March 4, 2009

The Multilateral Trading System: A Response to Its Challengers

As one of humanity’s greatest assets, free trade could help end the global recession
Ernesto Zedillo
March 9, 2009

Another Fine Mess

Nationalization might become the only option for rescuing banks
February 3, 2009

Will Services Provide Our Salvation?

Will imbalances in services and manufacturing save or hinder local economies?
Hamish McRae
February 18, 2009

British Unions, Angry Over Use of Foreign Workers, Stage Walkouts

Walkouts reflect deepening anxiety about job security in the wealthiest nations
John F. Burns
February 3, 2009

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