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 Must Tame Imbalances Together

The two nations must coordinate fiscal and monetary policy to control the crisis they helped create
Michael Pettis
January 6, 2009

Why Fighting Climate Change May Help the Economy, Not Hurt It

Ending subsidies for fossil fuels, encouraging efficiency would help all economies
Michael Casey
September 19, 2014

Match Speech With Action

To compete globally, India must embrace sustainability and strong education skills
Nayan Chanda
September 8, 2014

Washington and the Argentine Default

US judge blocks Argentina from paying bondholders who agree to settlement
R. Viswanathan
August 29, 2014

Is the United States In or Out on Globalization?

US Congress drives inversions by avoiding tax reform
Edward J. Reilly
August 28, 2014

Companies Fear Radical Turn in Argentina

Distrust over foreign business practices runs high
Benedict Mander
August 25, 2014