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.

Shut and Down

A few ideologues can threaten the global economy and global cooperation
Nayan Chanda
October 25, 2013

Dollar, Default and Bretton Woods III

The US dodges default
Mike Dolan
October 17, 2013

The Gated Globe

National leaders avoid outright protectionism, but try to tame globalization
Greg Ip
October 17, 2013

World Leaders Press the US on Fiscal Crisis

Markets throughout the globe could seize up
Annie Lowrey, Nathaniel Popper
October 15, 2013

US Debt Standoff Provokes Ire in China

As US debt seems less safe, China is determined to lessen reliance on the dollar
Simon Rabinovitch
October 14, 2013