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.

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

US and China: Grappling Over Economic Rescue – Part I

China’s coupon schemes, aimed at boosting domestic consumer spending, ignite heated debate
Xu Sitao
January 30, 2009

US and China Must Tame Imbalances Together

The two nations must coordinate fiscal and monetary policy to control the crisis they helped create
Michael Pettis
January 6, 2009

Divergence Grows Between China and the West – Part I

The rest of the world fails to appreciate China’s concerns over its own domestic challenges
Xu Sitao
December 18, 2008

Mortgages May Be Toxic, But US Treasuries Appear a Safe Haven

Interventions to stem the financial crisis seem to increase foreign creditors’ trust in US government
Ashok Bardhan
December 16, 2008


Brazilian Paves Way for China’s Carmakers

In the world’s fourth largest auto market, consumers snap up foreign models
Joe Leahy
November 29, 2011

Stop the Great Firewall of America

Congressional plans for the internet would stifle speech, innovation and freedom
Rebecca MacKinnon
November 25, 2011

Europe Short on Cash as Bond Fears Deepen

Global investors view government debt as high risk
Stefan Kaiser
November 23, 2011

How Walmart Is Changing China

The company urges suppliers to go green for the bottom line
Orville Schell
November 23, 2011

The Magic of Diasporas

Sensible immigration policies are job creators
November 23, 2011