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.

US Is Its Own Worst Enemy

The US spends beyond its means on foolish goals, increasing global anxiety
Kevin Rafferty
April 12, 2006

Kazakhstan Entertains Grand Economic Development Plan

Kazakhstan’s economic plan focuses on regional cooperation and could erode US influence in Central Asia
Melvut Katik
April 17, 2006

What a Shame

Cronyism at the World Bank drives away staff and weakens the mission to fight poverty
Mohamed Hakki
March 9, 2006

America Should Open Its Doors Wide to Foreign Talent

The US educates foreign students, but could do more to help them stay
Craig Barrett
February 1, 2006

Wake Up To Old-Fashioned Power of New Oligopolies

Global mega-institutions distort the marketplace
Barry Lynn
February 15, 2006