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.

Playing Make-Believe With Greece

Some loans are beyond repair
Floyd Norris
July 4, 2011

False European Hopes of a Chinese Savior

Europe fails to adjust to changing economic realities
Jonathan Holslag
June 28, 2011

Latin America Ponders Role of the Renminbi

US dollar still dominates trade transactions
Joe Leahy
June 23, 2011

Change in China Hits US Purse

Chinese workers seek wage hikes and shrink US pocketbooks
Jon Hilsenrath, Laurie Burkitt, Elizabeth Holmes
June 22, 2011

How the Euro Became Europe's Greatest Threat

Skepticism grows over bailouts in both rich and poor nations
June 22, 2011