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.

Match Speech With Action

To compete globally, India must embrace sustainability and strong education skills
Nayan Chanda
September 8, 2014

Washington and the Argentine Default

US judge blocks Argentina from paying bondholders who agree to settlement
R. Viswanathan
August 29, 2014

Is the United States In or Out on Globalization?

US Congress drives inversions by avoiding tax reform
Edward J. Reilly
August 28, 2014

Companies Fear Radical Turn in Argentina

Distrust over foreign business practices runs high
Benedict Mander
August 25, 2014

The Economics of Ebola

Poverty, trade barriers help the disease skip borders
Amara Konneh
August 14, 2014