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.

Nations Can Try Promotion – Not Protectionism

Selective engagement with the global economy, prioritizing growth, spurs inequality
Anthony P. D’Costa
February 4, 2013

Growth Without Equity Roils South Africa

Rapid growth in South African mining sector has failed to produce jobs or equality
Haroon Bhorat, Morné Oosthuizen, Anne Kamau
February 1, 2013

Europe in North Africa – Recolonize or Rescue?

Militancy in North Africa invites swift French intervention – and tests EU commitment
Jonathan Fenby
January 23, 2013

Put Doomsday on the Schedule

Alternately imposing, ignoring debt ceilings and automatic cuts, Congress adds to global uncertainty
David Dapice
January 7, 2013

East Asia: Stop Squabbling, Start Drilling

Unitization – sharing oil revenues – might alleviate disputes in East Asian waters
Will Hickey
December 14, 2012

For Better Planning, Watch Global Demographic Trends

Certainty of demographic trends counters economic uncertainty
Joseph Chamie
December 12, 2012