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.

Climate-Change Challenge for the Poor – Part I

All nations have a responsibility to strive for lifestyles that are sustainable
Chandrashekhar Dasgupta
September 26, 2007

Inequality in India and China: Is Globalization to Blame?

Internal forces, technological change and problematic policies spur growing inequality
Pranab Bardhan
October 15, 2007

Rumble in the Graveyard

In the tussle to supply tombstones for the world’s dead, China wants to bury the competition
Margot Cohen
October 1, 2007

Globalization Was Good Then, Not Now

Wealthy nations grimace about competition, only after emerging economies follow their advice
Mark Thirlwell
September 17, 2007

Like Wages for Chocolate

Failing to pay living wages to African farmers growing cocoa risks turning them against the West
Humphrey Hawksley
August 21, 2007

“Made in China” Label Spurs Global Concern

A leading global exporter will reassure consumers abroad only when it has done so at home
Paul Mooney
August 23, 2007

IMF: Global Corruption Costs Trillions in Bribes, Lost Growth

Bribes represent about 2 percent of global GDP, and erosion of trust in government is damaging
David Lawder
May 16, 2016

New Attack Reported by Swift Global Bank Network

Bank robbers trick banks into sending money online and then cover tracks
Michael Corkery
May 13, 2016

Fort McMurray Blaze Shows What “the Economy” Is Really About

Protection of homes and surroundings is economic priority
Todd Hirsch
May 6, 2016

China's Steel Industry Is Dominating the Global Market

More than two thirds of the world's steel is manufactured in Asia
Peter Pham
May 2, 2016

Managing Debt in an Overleveraged World

Investments in the future are less worrisome than funding current operations
Michael Spence
April 29, 2016