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.

Looking for a Villain, and Finding One in China

Increasingly, China's fast growth poses challenges for the United States
Eduardo Porter
April 18, 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

Singapore Workers Tempering Job Expectations: Survey

Never heard of Emerson: Singapore's workers are generally self-reliant
Chiang Yin Pheng
April 13, 2004

Workers Without Borders

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