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 Shape of Things to Come

Investors remain intrigued by emerging economies
Gideon Rose, Jonathan Tepperman
January 27, 2014

Leaked Records Reveal Offshore Holdings of China’s Elite

Chinese citizens had no clue about leaders’ secret investments, assisted by global banks
Marina Walker Guevara, Gerard Ryle, Alexa Olesen, Mar Cabra, Michael Hudson, Christoph Giesen
January 23, 2014

The Bad Bargain

Labor, to prevent eroding bargaining power, could organize globally
Daniel Altman
December 27, 2013

Who Should Lead the Global Economy?

A strong legal system and ability to connect economies help
Harold James, Domenico Lombardi
December 24, 2013

Why Do We Value Gold?

The element is chemically stable, but price is not
Justin Rowlatt
December 23, 2013