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.

Dealing with a Declining Dollar – Part II

If Washington fails to rein in the budget deficit, international bond buyers might force a painful adjustment
David Dapice
February 9, 2005

Dealing with a Declining Dollar – Part I

To avert a currency crisis, China must take on greater responsibility in managing the global financial system
Jeffrey E. Garten
February 7, 2005

Africa's Hungry Are Fed Bad Policies

Incorrect IMF advice and the US push for genetically modified food only worsen existing food crises
Paul Kwengwere
December 30, 2004

An Imperial Denial

If the United States were to accept its identity as an empire - and act accordingly - the entire world would benefit
Deepak Lal
January 6, 2005

When Tragedy Trumps Borders

The Indian Ocean tsunami presents a unique opportunity for the United Nations to assert its legitimacy
Ramesh Thakur
January 10, 2005

Japan's Laborious Dilemma

The island nation faces a population crisis but does not appear to like the possible solution: mass immigration
David McNeill
January 13, 2005

Containing China’s Slowdown

With China’s debt per GDP surpassing US levels, leaders should contain reckless lending
Lee Jong-Wha
September 23, 2015

China’s Strategy in US Car Market: Make Parts First

Chinese automakers study the industry part by part
Colum Murphy and Jeff Bennett
September 21, 2015

China Stock Turbulence Will Boost Our Real Estate: Australia's Treasurer

Investors seek safe havens for funds
David Uren
September 10, 2015

Interest Rate Rise: Turning Point Looms for US Debt Binge

A hike in rates is inevitable; some analysts suggest it could encourage more responsible borrowing
Eric Platt
September 9, 2015