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.

With Labs Pumping Out Legal Highs, China Is New Front in Global Drug War

Untested drugs confound regulators
Charlie Campbell
September 18, 2013

Currency Conundrum

India’s dysfunctional politics prompt investors to flee
Nayan Chanda
September 17, 2013

Fed Casts Shadow Over India, Emerging Narkets

Currencies abruptly nosedive
Mandakini Gahlot
August 28, 2013

China’s American Bailout?

US Federal Reserve must prepare for debt sell-off, perhaps even rescue of China’s banks
Alexander Friedman
August 26, 2013

How the Wealthy Keep Themselves on Top

Free-market system may no longer guarantee opportunity for all
Tim Harford
August 20, 2013