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.

World Bank Concerned Over India’s Economic Growth

Narrow focus of growth raises doubts about realizing India’s potential as a future superpower
March 31, 2006

We Need Alexander Hamilton

Free trade, lacking in oversight and enforcement, endangers the US manufacturing base and national security
Ernest C. Hollings
March 30, 2006

Invest Globally, Stagnate Locally

Rising corporate profits no longer lead to automatic increases in wages
Daniel Gross
April 6, 2006

China’s Investors Are to Get Freer Hand Abroad

Chinese citizens could double their returns by investing in the US or EU market
James T. Areddy
April 20, 2006

Amid Tension with US, China Faces Protectionist Surge at Home

Caught in a foreign frenzy for profits, China must manage citizen demands for reform
Kathy Chen
April 11, 2006