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.

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

From the Unipolar Moment to a Multiplex World

New World order emerges, one that requires cooperation and ability to build regional ties
Amitav Acharya
July 3, 2014

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Ignoring Climate Change Just Got More Expensive

The world is not doing enough to prepare
Eric Roston
December 28, 2016

China Central Bank Extends Emergency Loans to Financial Firms

Local and global factors contribute to a massive credit crunch
Rachel Rosenthal and Yifan Xie
December 22, 2016

China May Penalize US Automaker Over Price-Fixing

Political differences between major powers will disrupt business
John Ruwitch and Jake Spring
December 20, 2016

Airbnb Cracks Down on Rentals in London, Amsterdam

The sharing economy must get along with the traditional economy
Jasmine Enberg
December 19, 2016

US Federal Reserve Raises Rates for First Time in 2016, Anticipates 3 Increases in 2017

Other countries rely on low, even negative, rates to protect economies
Harriet Torry
December 14, 2016

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