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.

Chinese Policies Put Squeeze on the Banks

Wall Street meets its match in tough Chinese finance policies
Steven M. Davidoff
October 5, 2011

Revolution Is Happening in the USA

Wall Street zombies draw global attention to insensitive capitalism
Ismail Salami
October 4, 2011

How to Stop a Second Great Depression

Europe could take over major banks in exchange for guarantees and recapitalization
George Soros
September 30, 2011

SEC Seeks Offshore Cash Disclosure

Multinationals avoid taxes and US investment by stashing cash abroad
Helen Thomas
September 26, 2011

The G-20 Must Get Serious

Leaders of the major economies fail to act on reviving the global economy
Gordon Brown, Felipe Gonzalez and Ernesto Zedillo
September 23, 2011