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.

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

Russia’s Turbulence Could Drive Sustainable Development

Hard times combined with falling oil prices could encourage Russia to lead in sustainability
Anastasia Okorochkova
April 14, 2015

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What the Latest Standardized School Tests Tell Us

Education contributes to economic prosperity for individuals and societies
Karin Klein
December 9, 2016

Foreign Companies Face New Clampdown for Getting Money Out of China

New controls could speed up withdrawals and deter foreign investment
James T. Areddy and Lingling Wei
December 8, 2016

Italy Sinks Into Political Limbo as Defeat Sweeps Renzi Away

But Austria election shows support for the EU
John Follain and Chiara Albanese
December 5, 2016

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

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