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.

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

An Interview With the US President

Interview offers insights on US ties with emerging economies, Russia and China
August 8, 2014

Beijing Invites US to Link Up Over Africa

Proposed project is hydroelectric dam for the Congo River
Geoff Dyer
August 6, 2014

Banks Cash In on Inversion Deals Intended to Elude Taxes

Public who pays attention is outraged by legal maneuvers
Andrew Ross Sorkin
August 6, 2014

China Plays a Big Role as US Treasury Yields Fall

Analysts are scratching their heads
Min Zeng
July 18, 2014

Theorist Eric Maskin: Globalization Is Increasing Inequality

The highly skilled may not agree that they are truly the best paid
July 15, 2014