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.

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: Grappling Over Economic Rescue – Part II

The two nations must first coordinate stimulus plans, then engage in currency diplomacy
Edward Gresser
February 2, 2009

US and China: Grappling Over Economic Rescue – Part I

China’s coupon schemes, aimed at boosting domestic consumer spending, ignite heated debate
Xu Sitao
January 30, 2009

US Recession: Spend Now, Save Later

Stimulus to create jobs now is essential, but only saving will rebalance the economy
Joergen Oerstroem Moeller
February 11, 2009

Global Crisis Spurs Long-Needed Change in China

Diversifying China’s economy into the services arena could serve a global good
David Dollar
February 20, 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

Government Had No Reason to Intervene in Stock Market Turbulence

When stock prices are distorted, investment turns into gambling
Ling Huawei
July 7, 2015

To Save Its Stock Markets, China Is Putting Its Whole Financial System at Risk

Interventions may unnerve investors
Gwynn Guilford
July 8, 2015

Angela's Ashes: How Merkel Failed Greece and Europe

Tsipras resents the IMF and other rescuers
Peter Müller and René Pfister
July 6, 2015

Greece's Referendum: The Price of Five Years of Cowardice

Leaders throughout Europe must face voters and admit that billions of taxpayer funds have vanished
Christian Rickens
July 1, 2015

Greece’s Banks Give Eurozone Peers Glimpse Into Abyss

Standoff between Greece and European Central Bank batter global markets
Paul J. Davies
June 29, 2015