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.

Aussies Too Fire Broadside at Outsourcing

Across the Pacific, anger at the relocation of jobs
Kalinga Seneviratne
March 1, 2004

Guadeloupe Riots Turn Paradise Into War Zone as One Protester Shot Dead

Some responses to global recession prolong the hardship
Lizzy Davies
February 20, 2009

Green Taxes Would Be Good for British Jobs

Saving energy goes hand in hand with economic security
Irwin Stelzer
February 13, 2009

Job Losses Pose a Threat to Stability Worldwide

Job losses from the recession cause global instability
Nelson D. Schwartz
February 19, 2009

Laid-Off Foreigners Flee as Dubai Spirals Down

No wealthy man or community is an island
Robert F. Worth
February 12, 2009