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.

The Rising Risk of a Hard Landing

A rising US deficit spells trouble for the global economy
Stephen Roach
November 4, 2005

The Fate of ‘Made in the USA’

Globalization puts a question mark for the future of American manufacturing
Robert J. Samuelson
October 28, 2005

Prepare Now for Sino-Indian Trade Boom

As the Sino-Indian trade is about to skyrocket, multinational corporations need to prepare for it
Niraj Dawar
October 31, 2005

How the West Came to Run Islamic Banks

Giants like Citigroup dominate the sector, through Islamic subsidiaries
Owen Matthews
October 29, 2005

Remittances Are Effective Weapon Against Poverty

But anti-terror measures may prevent migrants from sending money back home
Norman Lamont
November 18, 2005