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.

India: Still at the Center of the Indian Ocean

India nurtures close security ties with island states in ocean that bears its name
Nilanthi Samaranayake
February 22, 2013

Vietnam’s Economy Needs Reoriented Foreign Policy

Vietnam’s leaders try to hedge with China, but dissidents call it kowtowing
David Brown
February 20, 2013

An Interview with John Dramani Mahama

One advantage Ghana has in all this is that we have a free society
John Dramani Mahama
February 18, 2013

Is China Choking on Success?

Smog enveloping China’s cities could be a metaphor for its dangerous, unsustainable growth
Robert A. Manning
February 15, 2013

Is the US Ready To Be Number Two?

US leaders dare not admit it, but China’s poised to become the largest economy
Kishore Mahbubani
February 11, 2013

Under China’s Shadow, India Looks to Australia

India and Australia strategize on trade, energy and naval security
Ashok Malik
February 8, 2013