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.

Can Paris Reconcile Political and Economic Interests to Combat Climate Change?

Politics, not economics, curtails smart investments to prevent climate change
David Dapice
December 10, 2015

China’s New Economic Plan Tackles the Rebalancing Puzzle

China’s new Five-Year Plan could inspire citizen confidence with focus on social safety net and quality growth
Stephen S. Roach
November 10, 2015

Live Longer, Consume Less: Recipe for Slow Growth

Longer life expectancy, uncertainty, environmental awareness are among five behaviors that reduce consumer spending
Joergen Oerstroem Moeller
October 20, 2015

Xi-Obama Summit: Bridging the Trust Deficit in US-China Ties?

China and the US face many complex issues; the challenge is not letting one overwhelm the relationship
Robert A. Manning
September 29, 2015

Seeking Safety Abroad: The Hidden Story in China’s FDI Statistics

The Chinese prefer investing overseas; dummy companies may ease transfers and devalue renminbi
Farok J. Contractor
September 10, 2015

IMF to the Aid of Ukraine: Well-Intended, But Misguided

Ukraine struggles with separatists, protests, reforms – and an IMF debt deal on shaky ground
David R. Cameron
September 3, 2015