Asian manufacturers have always migrated in search of cheaper labor. Until recently, China seemed their ultimate destination, claiming an ever larger share of investment by Asia's huge production networks.
Having already agreed to double the AAA-rated lending capacity of the European Financial Stability Facility, European Union countries are now discussing the conditions under which the EFSF's funds will be made available.
There is no doubt that the American economy rallied strongly at the end of 2010. But how much of that was due to the United States Federal Reserve's temporary policy of so-called "quantitative easing"?
There's an old, true joke in the advertising business: half of it is wasted on customers who will never buy, but nobody knows which half.
In a recent interview, United States Treasury Secretary Tim Geithner laid out his view of the nature of world economic growth and the role of the US financial sector.
Mitigating climate change is often presented as imposing a trade-off between the economy and the environment.
For seasoned observers of Europe's economy, the most recent European Union summit delivered a bizarre sense of déjà vu.
Since World War II's end, the global economy's trade and financial openness has increased, thanks to institutions like the International Monetary Fund and successive rounds of liberalization, starting with the General Agreement on Tariffs and Trade (GATT) in 1947.
Political rhetoric has shifted away from the need to respond to the "generational challenge" of climate change.
Recent experience offers us an opportunity to reduces the likelihood of a new crisis. That means improved rules and regulations that place greater emphasis on crisis prevention than on crisis management.
Throughout 2010, China was criticized by the United States Congress (and many others) for "manipulating" its currency in order to maintain an advantage for exports, and thus preserve its trade surplus.
When bullied, journalists can protect themselves only by fighting back – as a group. And when a technology-led change is inevitable, integrating it into an open society should be one of journalism's chief tasks.