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.

Sars: A New Threat to Asian Prosperity

Asia's disrupted global connections
Michael Richardson
April 21, 2003

“Fed, We Have a Problem”

Wall Street clamors for lowering the interest rate, but that could unsettle major US creditors, including China
Jeffrey Garten
September 12, 2007

The Cost of an Empire

Why America cannot afford its foreign commitments without drastically changing its domestic policy
Jeffrey E. Garten
April 2, 2003

Chinese Migration Goes Global

Migrants from the world’s most populous nation influence more than 150 countries
Peter Kwong
July 17, 2007

Does the “Hyper-Power” Have Feet of Clay?

Budget and trade deficits make US economic strength dependent on global finance
David Dapice
March 3, 2003

Capitalism with Special Chinese Characteristics

The runaway train of China’s economy is a special case of what economists label “Dutch Disease”
Gustav Ranis
June 19, 2007

OECD Issues Damning Report on Effect of Brexit

GDP per capita in the United Kingdom doubled with EU membership
Chris Giles
April 27, 2016

The $2 Trillion Project to Get Saudi Arabia’s Economy Off Oil

Country struggles to attract foreign investment with restrictions for women
Peter Waldman
April 26, 2016

Globalization Is Changing, Not Going Into Reverse

Globalization slows without widespread benefits and public support
Minouche Shafik
April 14, 2016

Out of Africa

Climate change adds to desertification, migration, conflicts and extremism
Thomas L. Friedman
April 14, 2016

Panama Papers: Leaks Spur Global Investigations

Political leaders and family members are on list of those accused of avoiding taxes
April 4, 2016