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.

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

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

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Immigration Reform and the American Worker

Immigrants actually boost job growth and wages
James Surowiecki
February 25, 2013

The Route of the Problem

Modern infrastructure could revitalize India’s economy
Nayan Chanda
February 25, 2013

The Rise of the Robots

Governments should develop new policies as countries run out of jobs
Robert Skidelsky
February 21, 2013

Will China Ever Be No. 1?

China could be biding time, waiting for technological superiority
Graham Allison, Robert D. Blackwill
February 20, 2013

WNSA: “We’d Rather Be Called Re-Emerging Powers”

Global governance cannot afford blind spots
February 18, 2013

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