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.

China Reluctant to Lead

Unless Beijing assumes its global responsibility, the US will be left to act alone
Orville Schell
March 11, 2009

Despite Rhetoric, Offshoring Won’t Stop

A global recession is the time for outsourcing some tasks and reducing costs as well as anxiety
Dinesh C. Sharma
March 9, 2009

Is Protectionism Unavoidable?

Political compulsion could overcome economic prudence but coordination among countries may limit damage
Jeffrey E. Garten
February 6, 2009

Union in Crisis

Playing a blame game, scared European governments seem ready to throw weaker members out of the lifeboat
Jonathan Fenby
February 16, 2009

Fixing Global Finance: An Interview with Martin Wolf

What can be done to ensure global financial stability in the future
March 5, 2009

US and China: Grappling Over Economic Rescue – Part II

The two nations must first coordinate stimulus plans, then engage in currency diplomacy
Edward Gresser
February 2, 2009

US Government Faces Pressure After Biggest Leak in Banking History

So far, 61 of more than 100,000 clients in 203 countries are revealed
Paul Lewis
February 9, 2015

Global Rate-Cutting Frenzy Could Freeze US Economic Recovery

Strong dollar discourages US exports with slumping factory orders and corporate earnings
David Parkinson
February 6, 2015

Oil Price Fall Leaves Gulf States With Difficult Reform Choices

Stability for some Gulf states hinges on oil revenues and generous public benefits
Simeon Kerr
February 4, 2015

A Not-To-Be-Missed Opportunity

With oil below $50 per barrel, importing nations should act fast on economic reforms
Nayan Chanda
January 30, 2015

Weak Think Tanks Shackle Nation’s Governance Upgrade

Think tanks in China must have freedom to be more than rubber stamp
Wang Wenwen
January 29, 2015