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.

The Power of the New China-Led Investment Bank

US allies sign up for AIIB, signaling China’s emergence as economic pivot
Richard Javad Heydarian
April 13, 2015

UK’s Risky Obsession With US Decline

Anticipating a rising China, British policymakers may be moving too quickly
Gideon Rachman
April 7, 2015

Can Authoritarian Capitalism Outlive Lee Kuan Yew?

Singapore's politics and economy may still be evolving
John Cassidy
April 6, 2015

What the West Can Learn From Japan’s “Lost Decades”

Stagnation may be a form of sustainability
Roland Kelts
April 3, 2015

Making of a New World Order

Financial crisis in the West, US polarization spur AIIB and China’s rise
Nayan Chanda
April 3, 2015