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.

Self-Insurance or Self-Destruction?

Emerging economies with large foreign reserves fear Federal Reserve policy
Gene Frieda
April 7, 2014

Fresh Corporate Default Tests China’s Resolve

China, seeks to reduce moral hazard, monitors loan landscape for systemic threats
Lucy Hornby and Jamil Anderlini
March 14, 2014

How to Save the Shale Revolution

US fracking escaped federal review; to prevent bans, industry could pursue regulation
Robert A. Manning
March 11, 2014

Emerge, Splurge, Purge

Geography of emerging markets seduced investors
March 7, 2014

Europe Flood Losses to "Increase Fourfold" by 2050

Most projected losses from human development rather than climate change
Matt McGrath
March 5, 2014