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.

Bracing for Stagnation

Long-term structural reforms are inevitable
Raghuram Rajan
January 14, 2015

Welcome To Brazil: The Effect of Immigration on the Country's Economy

Brazil attractive to skilled immigrants, but lacks robust strategy to retain talent
Arthur Pinheiro Machado
January 9, 2015

Managing Climate Change

Engaging in thoughtful urban planning is required
Nicholas Stern
January 8, 2015

Grexit Grumblings: Germany Open to Possible Greek Eurozone Exit

World eyes Europe’s north-south standoff on how to handle debtors
Nikolaus Blome, Giorgos Christides, Christian Reiermann and Gregor Peter Schmitz
January 6, 2015

Europe’s Cheap Borrowing Costs Lure Corporate Fundraising

Analysts anticipate European Central Bank to try quantitative easing to spur growth
Sally Bakewell and Cordell Eddings
December 30, 2014