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.

Big Bang Expansion of the European Union

Adding 75 million people to the European Union is no small affair
Shada Islam
January 28, 2003

Stock Market Hiccups No Cause for Worry

Ongoing growth in India and China insulates the global economy from long-term disruptions
Manu Bhaskaran
April 5, 2007

Can Europe Age Gracefully? – Part II

Europe has proven the worth of democracy and integration, but is in no mood to celebrate
Jean-Pierre Lehmann
March 23, 2007

Globalization Forces a Health-Check of US Auto Industry

Hobbled by excessive health-care costs and tough foreign competition, US manufacturers search for solutions
Susan Froetschel
February 19, 2007

Increased Globalization Pivotal to Japanese Reform

To overcome its economic crisis Japan needs to open its economy to the world
Richard Katz
December 4, 2002

Latin America's Explosive Debt

How can Latin American countries bring their economies under control?
Hilton L. Root
December 19, 2002

Rising Tide

Tightened borders in the EU create migrant bottleneck in Greece
March 7, 2016

Africa’s Rising Middle Class – And Why It Matters

DIY firms, not multinationals, may be best poised to handle the continent’s diversity
Tom Jackson
February 25, 2016

False Sense of Security

Few Asian nations will be immune from a downturn in the Chinese economy
Nayan Chanda
February 9, 2016

Africa’s Success Story

Botswana has avoided the economic ills of its neighbors – until now
John Feffer
February 5, 2016

Bank of Japan Stuns Global Markets by Announcing Negative Interest Rates

Japan wants banks to lend, not hold onto cash
David Scutt
January 29, 2016