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

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

Central Bank Prophet Fears QE Warfare Pushing World Financial System Out of Control

ECB plan may delay day of reckoning on reckless spending
Ambrose Evans-Pritchard
January 23, 2015

Chinese Stocks Plummet 8 Percent

Volatility in Shanghai market tracks with government moves
Scott Cendrowski
January 19, 2015

Bracing for Stagnation

Long-term structural reforms are inevitable
Raghuram Rajan
January 14, 2015

Welcome To Brazil: The Effect of Immigration on the Country's Economy

Brazil attractive to skilled immigrants, but lacks robust strategy to retain talent
Arthur Pinheiro Machado
January 9, 2015

Managing Climate Change

Engaging in thoughtful urban planning is required
Nicholas Stern
January 8, 2015