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.

Missing the Prime Suspect in the Global Slowdown

Global debt on rise thanks to quantitative easing and low interest rates
George Melloan
November 5, 2014

Why Taxation Must Go Global

Competition among nations to attract business reduces poverty
Wolfgang Schäuble
November 3, 2014

Debate Rages on Quantitative Easing’s Effect on Inequality

Bankers fret over ending the policy and stalling recovery
Chris Giles
October 28, 2014

The Zombie System: How Capitalism Has Gone Off the Rails

Value of many investments is uncertain if jobs do not materialize
Michael Sauga
October 27, 2014

American Schools Are Training Kids for a World That Doesn’t Exist

Students must handle challenges of world with 2 billion more people by 2035
David Edwards
October 23, 2014