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.

Oil Price Fall Leaves Gulf States With Difficult Reform Choices

Stability for some Gulf states hinges on oil revenues and generous public benefits
Simeon Kerr
February 4, 2015

A Not-To-Be-Missed Opportunity

With oil below $50 per barrel, importing nations should act fast on economic reforms
Nayan Chanda
January 30, 2015

Weak Think Tanks Shackle Nation’s Governance Upgrade

Think tanks in China must have freedom to be more than rubber stamp
Wang Wenwen
January 29, 2015

Central Bank Prophet Fears QE Warfare Pushing World Financial System Out of Control

ECB plan may delay day of reckoning on reckless spending
Ambrose Evans-Pritchard
January 23, 2015

Chinese Stocks Plummet 8 Percent

Volatility in Shanghai market tracks with government moves
Scott Cendrowski
January 19, 2015