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.

Mounting US Debt Burden Threatens Poorer Nations

But drying up foreign credit to the US could be bad for all
David Dapice
March 2, 2009

China Reluctant to Lead

Unless Beijing assumes its global responsibility, the US will be left to act alone
Orville Schell
March 11, 2009

Despite Rhetoric, Offshoring Won’t Stop

A global recession is the time for outsourcing some tasks and reducing costs as well as anxiety
Dinesh C. Sharma
March 9, 2009

Global Crisis Spurs Long-Needed Change in China

Diversifying China’s economy into the services arena could serve a global good
David Dollar
February 20, 2009

Is Protectionism Unavoidable?

Political compulsion could overcome economic prudence but coordination among countries may limit damage
Jeffrey E. Garten
February 6, 2009

Union in Crisis

Playing a blame game, scared European governments seem ready to throw weaker members out of the lifeboat
Jonathan Fenby
February 16, 2009

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Pakistan’s Army of Overseas Workers Keeps Economy Afloat

Tax-free remittances curtail poverty, disrupt economic future
Khurrum Anis
March 26, 2013

Africa Told to View China as Competitor

Low-cost Chinese imports compete with African manufactured goods
William Wallis
March 21, 2013

World Markets Roiled as Cyprus Bailout Deal Stalls

Plan from offshore banking center was to tax all deposits
Eric Reguly
March 18, 2013

The Financial Crash Will Not Bring About “Globalization on Steroids”

Global recession triggers international tensions, not cooperation
Joshua Kurlantzick
March 11, 2013

UK Will Find EU Bank Bonus Cap Hard to Lift

Europe imposes austerity on bankers
John O'Donnell
March 6, 2013

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