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.

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

How Politics Will Seal the Fate of Greece

Failing to reform, Greece has lost control
Philip Stephen
May 25, 2015

Global Banks Admit Guilt in Forex Probe, Fined Nearly $6 Billion

Analysts anticipate more automation for currency trading
Karen Freifeld, David Henry and Steve Slater
May 21, 2015

Bigger, Deglobalizing World May Be Hostile for Investors

Globalization is under fire amid push to reduce inequality
James Saft
May 8, 2015

The Dollar Joins the Currency Wars

More than 20 central banks have eased monetary policy
Nouriel Roubini
May 6, 2015

Economic Policy Turned Inside Out

The US, EU and Japan rely on quantitative easing while ignoring structural reforms
Stephen S. Roach
May 4, 2015