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.

Gloomy Outlook for Ghana Where Gold Does Not Shine Anymore

Scrapping the cedi could lift Ghana’s confidence and GDP, but only citizens can stop corruption
Vikram Mansharamani
October 2, 2014

Argentina Default Flashes Warning to Emerging Markets

Struggle of countries like Argentina for orderly default mired in Western financial and legal system
Will Hickey
September 9, 2014

The Trans-Afghan Pipeline Initiative: No Pipe Dream

Afghanistan, Turkmenistan, Pakistan, India agree to move on 1,700-kilometer natural gas pipeline
Marc Grossman
August 28, 2014

All Eyes on Africa

The US is among many nations courting a confident Africa on aid, trade and natural resources
J. Peter Pham
August 14, 2014

Wakeup Call for Europe

Europe fails to deliver opportunity, and a lost generation is in the making
Philippe Legrain
August 5, 2014

The Tale of Two Middle Classes

Asia’s middle classes, poor by US or EU standards, are globalization’s winners
Branko Milanovic
July 31, 2014


We Won't Trigger Article 50 Until After 2017 – and That Means Brexit May Never Happen at All

The right time for triggering Article 50 and Brexit may never come
Denis MacShane
August 19, 2016

Abenomics: What Japan’s Economic Experiment Can Teach the Rest of the World

Does fiscal expansion delay structural reforms?
August 16, 2016

We’re in a Low-Growth World. How Did We Get Here?

Some economic trends are not readily apparent as they unfold
Neil Irwin
August 8, 2016

Consumers Unlikely to Rescue China's Sputtering Economy

Many Chinese households balk at taking on more debt
Huang Zhilong
August 2, 2016

A Brief History of (In)equality

The problem has multiple sources and no easy solutions
J. Bradford DeLong
July 28, 2016