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.

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

Pages

India Halts Wal-Mart Entry Amid Protests

Backtracking on big-box plan adds uncertainty for foreign investors
Bibhudatta Pradhan, Andrew MacAskil
December 8, 2011

Market-Economy Status for China Is Not Automatic

The 2016 deadline for China’s market-economy status is an urban myth
Bernard O’Connor
December 8, 2011

With China on Mind, India, US and Japan to Hold Trilateral Meet in Washington

The three nations insist it’s not about containing China
December 6, 2011

Britain Becomes Even More Wary of Unity

Isolationist, anti-EU sentiments are emerging
Anthony Faiola
December 5, 2011

Central Banks' Action Hints At US Fears

The US Federal Reserve moves to rescue Europe and build trust on tight interconnectivity
Geoffrey T. Smith
December 2, 2011

Pages