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.

Nonresidents Buy Stocks at Record Level

Foreigners like the Japanese stock market
April 13, 2004

Harvesting Poverty

The WTO should end high agricultural subsidies in US and other wealthy nations
December 7, 2003

Workers Without Borders

An open and fair system that encourages mobility could improve wages and conditions for all workers
Jennifer Gordon
March 12, 2009

Making Business Work for the Poor

Private entrepreneurs are the key to progress in developing countries
Ernesto Zedillo
March 17, 2004

Europe vs. America's Operating System

Microsoft and the superpower
Grant R. Mainland
March 26, 2004