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.

Making Business Work for the Poor

Private entrepreneurs are the key to progress in developing countries
Ernesto Zedillo
March 17, 2004

Europe vs. America's Operating System

Microsoft and the superpower
Grant R. Mainland
March 26, 2004

Making Profits Cannot Be an End in Itself

Companies cannot be fixated about the bottom line as to forgo workers' interests
Lim Boon Heng
February 27, 2004

Aussies Too Fire Broadside at Outsourcing

Across the Pacific, anger at the relocation of jobs
Kalinga Seneviratne
March 1, 2004

Shell Withheld Reserves Data to Aid Nigeria

The symbiosis of government and business takes a hit
Jeff Gerth
March 19, 2004