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 Recession: Spend Now, Save Later

Stimulus to create jobs now is essential, but only saving will rebalance the economy
Joergen Oerstroem Moeller
February 11, 2009

US and China: Grappling Over Economic Rescue – Part II

The two nations must first coordinate stimulus plans, then engage in currency diplomacy
Edward Gresser
February 2, 2009

Fixing Global Finance: An Interview with Martin Wolf

What can be done to ensure global financial stability in the future
March 5, 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

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How Chinese Economic Policy Could Save Club Med Countries

Special economic zones could ignore labor laws and offer low wages
Mohnish Pabrai
January 7, 2013

The French Connection

To survive globalization, governments and multinational corporations must be vigilant and flexible
Nayan Chanda
December 12, 2012

Will Printing Money Do It?

Central banks stubbornly buy bonds, injecting liquidity into their economies, until jobs return
Nayan Chanda
October 9, 2012

The Anatomy of Global Economic Uncertainty

Countries, corporations and citizens respond in diverse ways to changing global paradigm
Mohamed A. El-Erian
December 28, 2011

China's Real Estate Bubble May Have Just Popped

If so, vacant developments could become instant affordable housing
Patrick Chovanec
December 26, 2011

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