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.

China's Businesses Boom, But Its Brands Don't

Innovation starts with questioning authority
Rob Gifford
July 25, 2011

Middle-Class Uprising Poses a Global Threat

Citizens resent rising inequality
John Paul Rathbone
July 22, 2011

China Urges US to Protect Creditors by Raising Debt

The US toys with debt default and global calamity
Bettina Wassener, Matthew Saltmarsh
July 15, 2011

The Next Domino? Italy Suffers from Euro-Zone Contagion Fears

Global bond markets unnerved by unending debt
Carsten Volkery
July 13, 2011

Europe Seeks to Free Itself From Rating Agencies' Grip

Rejecting outside assessments of its debt, Europe struggles to create its own agency
David Böcking
July 8, 2011