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.

Dodging the Curse of Diamonds and Gold

Foreign aid to Africa can be effective – if donors avoid resource-rich countries
Desha Girod
August 11, 2005

Rising Dragon and the American Eagle – Part II

China is on the rise – but US influence in Asia shows no signs of waning
Robert Sutter
April 22, 2005

China Can Gain from Unshackling its Currency

Washington's pressure may be unwelcome, but a revaluation of the renminbi could ultimately benefit China
Rob Trudel
April 8, 2005

Dealing with a Declining Dollar – Part II

If Washington fails to rein in the budget deficit, international bond buyers might force a painful adjustment
David Dapice
February 9, 2005

Bigger, Deglobalizing World May Be Hostile for Investors

Globalization is under fire amid push to reduce inequality
James Saft
May 8, 2015

The Dollar Joins the Currency Wars

More than 20 central banks have eased monetary policy
Nouriel Roubini
May 6, 2015

Economic Policy Turned Inside Out

The US, EU and Japan rely on quantitative easing while ignoring structural reforms
Stephen S. Roach
May 4, 2015

Indonesia’s Joko Loses the Economic Plot

Businesses fear the government is retreating from globalization
April 24, 2015

The Global Economy’s Bizarre Problem: Too Much Money

Someone must spend to nudge the world's economy
Matt Phillips
April 16, 2015