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.

Central Banks: Printing Money Delays Domestic Structural Reforms

Amid intense competition and quantitative easing, countries that innovate and reduce bureaucracy will be more influential
Will Hickey
June 30, 2015

Desperate Millions Flee Poverty, Persecution and Inequality

Nations must tackle root causes of disorderly migration – or expect more economic crises and armed conflict
Joergen Oerstroem Moeller
June 11, 2015

China’s Global Governance Challenge

AIIB’s founding members, led by China, could develop new standards for global governance
Stephen S. Roach
June 9, 2015

Nepal Earthquake: Prelude to Bigger Disaster?

Poverty, weak governance, unchecked urbanization increase Himalaya region’s vulnerability to earthquakes and other natural disasters
Alark Saxena
June 2, 2015

High Debt and Low Oil Prices Threaten Canada’s Globalized Economy

Canadians are caught in a new ‘subprime’ style property crisis and collapsing crude oil prices
Vikram Mansharamani
April 20, 2015

European Union Divided Over Greek Bailout

Stalemate on Greece: Fearing voters’ wrath, European leaders lack courage for a deal on austerity and bailouts
Chris Miller
April 16, 2015

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