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.

Government Approval Not Enough, Businesses Need Social License

In era of globalized awareness, best business, government practices demand local consent and social license
John Morrison
October 21, 2014

How Wall Street Is Killing Big Oil

Investors force big private energy companies into liquidation; energy dominance shifts to emerging markets
Deepak Gopinath
October 16, 2014

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

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