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.

Can Asia Rescue the Global Economy?

The risk-averse continent can’t keep pace with US spending, but could instill fiscal discipline in the global markets
Linda Lim
September 29, 2008

Wall Street Dodges a Bullet, How About Next One?

By rescuing AIG and others, the US may be biting off more than it can chew
David Dapice
September 17, 2008

Keeping Up With China's Olympic Shine – Part II

Shoppers, intent on bargains, bear some responsibility for Asia’s pollution
Alexandra Harney
September 24, 2008

Keeping Up With China's Olympic Shine – Part I

China must enact policies good for both the environment and economy
David Dollar
September 22, 2008

Foreign Investment Isn't Enough

Developing countries need a diversity of investors to grow
Jeffrey Kentor
October 31, 2003

EU Agrees Screening Process for Tax Havens, Critics Cry Foul

By reducing revenues for education and health care, tax havens reinforce inequality
Francesco Guarascio
November 10, 2016

Climate Change and the Risks of Denying Inconvenient Truths

US leaders are in denial about how a warming planet will disrupt many industries
Martin Wolf
November 2, 2016

Asia Needs to Spell Out Changes They Want in International Monetary System

Ongoing criticisms without constructive proposals will go ignored
Barry Eichengreen
October 31, 2016

Europe Worries Portugal Is Prone to a Debt-Crisis Relapse

Austerity may have merit after all
Patricia Kowsmann
October 26, 2016

Brexit’s Big Winner? It Could Be New York City

London’s bankers may give up on Europe altogether
David Francis
October 21, 2016