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.

Lingering Job Insecurity of Silicon Valley

High-tech workers have yet to witness economic recovery
Steve Lohr
March 9, 2004

On China's Rise

Despite high economic growth no room for complacency, say Chinese officials.
Ernesto Zedillo
May 18, 2004

India's Elections Expose Economic Divide

Government’s “Shining India” PR campaign backfired as the poor electorate knew who was not shining
Gareth Price
May 11, 2004

Pentagon Seeks to Use Foreign Airlines

Economic interest is not only driving companies to outsource, but the Defense Department as well
Micheline Maynard
April 10, 2004

Is America's Economy Really Too Big to Go Down the Drain?

The answer is maybe not
Stephen King
September 1, 2003