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 US and China: Friends or Foes? – Part II

With a booming economy, China takes steps to spread its wealth
Daniel H. Rosen
April 20, 2006

One-Time Highways to Growth Take a Toll on the Japanese Economy

A small change – reducing road tolls – could ease urban concentration and fortify the Japanese economy
Yasuyo Yamazaki
March 16, 2006

Marketing Humanitarian Crises

Needy groups compete to market plights and win global attention
Clifford Bob
February 21, 2006

Vietnam Goes Global

The government embraces capitalism, but so far only for small businesses
Jordan Ryan
December 15, 2005

Summit Rhetoric Soars While Economy Sinks

Why leaders should stay home from regional summits – and truly address the world's economic ills
Jeffrey E. Garten
November 3, 2005

Undue Fears of China Inc?

Facing international suspicion and fueled by economic necessity, Chinese companies struggle to expand overseas
Paul Mooney
September 29, 2005

Goldman Fund Walks Away From BRICS Era

Slowing economies and varied interests challenge cohesion of Brazil, China, India, Russia and South America
Ben McLannahan
November 10, 2015

What to Do About Debt

Tallies suggest that global government debt is unsustainable
Richard Kozul-Wright
November 9, 2015

Is China the Next Mexico?

Political and economic transformations lead to social change
Jorge Guajardo
November 5, 2015

When a 127-Year-Old US Industry Collapses Under China's Weight

Alcoa cuts back on making and refining aluminum
Joe Deaux
November 4, 2015

China Abandons One-Child Policy

The announcement lifted stock prices for foreign firms that make baby products
October 29, 2015