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.

Wen Warns Against Renminbi Pressure

China, resisting a renminbi rise, could trigger currency wars
Alan Beattie, Joshua Chaffin, Kevin Brown
October 7, 2010

Bangladesh, “Basket Case” No More

Bangladesh serves as role model for other developing nations
Sadanand Dhume
October 5, 2010

Asia's Currency Market Shakeup

Intricate connections and countless external pressures complicate currency coordination
Philip Bowring
September 30, 2010

Chinese Investors Flock to London to Buy Real Estate

Minimal regulations and an open economy attract foreign investors and keep prices high
Julia Werdigier, Bettina Wassener
September 29, 2010

Inside the Knockoff-Tennis-Shoe Factory

Counterfeit sneakers from China travel the world and build skills at home
Nicholas Schmidle
September 22, 2010