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.

The End of a Gilded Age

Organizations are discovering that fewer managers and administrators result in better processes and products
Harold James
January 6, 2009

Financial Crisis Causes Iceland's Government to Collapse

Once wary about partnership, Iceland now seeks shelter from the European Union
David Blair
January 30, 2009

American Power Is on the Wane

Immense US debt will shrink aid or investment for future worthy causes
Paul Kennedy
January 16, 2009

Battle in a Poor Land for Riches Beneath the Soil

Vast uranium deposits in Northern Niger touch off a new front in the battle over Africa's vast mineral wealth
Lydia Polgreen
December 29, 2008

Jobs Flight? Worry about Industry Flight Instead

Singapore: Business's Best Stopover
Alvin Pang
February 12, 2004

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