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.

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

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

Divergence Grows Between China and the West – Part I

The rest of the world fails to appreciate China’s concerns over its own domestic challenges
Xu Sitao
December 18, 2008

Mortgages May Be Toxic, But US Treasuries Appear a Safe Haven

Interventions to stem the financial crisis seem to increase foreign creditors’ trust in US government
Ashok Bardhan
December 16, 2008

Deforestation: Carving Up the Amazon

Rapid road construction threatens climate patterns
Barbara Fraser
May 22, 2014

A Black Mark in the Waiting

World’s third largest coal producer will bear brunt of climate change
Nayan Chanda
May 21, 2014

Russian President Putin Builds Ties in Moldova, Kazakhstan and Baltics

Russia’s president vows to defend ethnic Russians wherever they live
Michael Birnbaum
May 19, 2014

Talk of an Internet Fast Lane Is Already Hurting Some Startups

Startups could struggle to reach global audience
David Talbot
May 16, 2014

Restrained by Economic Mesh

Globalization constrains land grabs
Nayan Chanda
May 12, 2014