Global Economy

Synchronized Sinking

The Huffington Post | Mark Gongloff | Posted 05.25.2012

Thing One: Synchronized Sinking: Sometimes togetherness is not such a good thing. A bunch of downbeat economic data on Thursday all at once caused ...

Whatever Happened to $200 Oil?

Jeffrey Rubin | Posted 05.23.2012

Jeffrey Rubin

If a mea culpa is in order, its roots can be found in the decision to underplay the demand side of the equation. Oil prices plunged to $40 a barrel after economic growth collapsed, taking global oil demand along for the ride. And that same movie is about to play out again.

A 'Go Global' Commencement Speech

John Feffer | Posted 05.22.2012

John Feffer

College is a lot like the Garden of Eden. It's a pretty place. The temptations are many. And just when you get a little taste of knowledge, the administration kicks you out. So, go out there and don't just see the world, but become involved in the world.

A Bright Future for Renewable Energy

Phyllis Cuttino | Posted 05.16.2012

Phyllis Cuttino

The most important long-term dynamic in this sector is falling prices. These price declines are good news for consumers. Yet falling prices are putting manufacturers through a period of turmoil in the United States and elsewhere.

The Global Economy: What the Next Three Years Will Look Like

Mohamed A. El-Erian | Posted 05.15.2012

Mohamed A. El-Erian

Uncertainty, even of the unusual variety, does not -- and should not -- translate into investor paralysis.

It's the Euro, Stupid

Edward Goldberg | Posted 05.14.2012

Edward Goldberg

If President Obama loses his bid for re-election it will probably be because of the economy but not America's economy. How do you put on a bumper sticker, "I saved GM but had no power over the Euro?"

Global Tectonic Shifts

Scheherazade Rehman | Posted 05.09.2012

Scheherazade Rehman

This is without doubt the worst financial crisis in over eight decades. There is a growing disquiet on the issues of fairness and justice of open markets economies.

A Cautious Celebration for Kim

Alex Cobham | Posted 05.08.2012

Alex Cobham

Now the dust has settled, let's celebrate the race for the World Bank presidency. We had the highest quality field in history and a winner who just might manage to refocus the institution on the dominant challenge of development today: inequality.

FDR's New Deal Shattered the Austerity Myth

David Woolner | Posted 05.07.2012

David Woolner

Much like the 1930s, our slow climb out of the Great Recession has been made all the more difficult thanks to the unwillingness of austerity hawks in Congress to pass the president's jobs bill and other pieces of stimulus legislation.

European Elections Complicate Outlook

Mohamed A. El-Erian | Posted 05.07.2012

Mohamed A. El-Erian

Europe's election results sound an alarm for European integration and, consequently, the wellbeing of both the region and the global economy. Let us hope that the inevitable short-term volatility is a precursor to a more decisive effort to deal with the continent's festering problems.

The End of Growth

Jeffrey Rubin | Posted 05.02.2012

Jeffrey Rubin

When the price of oil goes up, something has to give. Right now, the European Monetary Union looks to be the most imminent casualty.

Victory at UNCTAD XIII

Deborah James | Posted 04.29.2012

Deborah James

After a week of intense negotiations, civil society groups welcomed a rare victory on Thursday in the final Declaration of the UNCTAD XIII conference in Doha, Qatar.

A History of the World, BRIC by BRIC

Pepe Escobar | Posted 04.26.2012

Pepe Escobar

So this twenty-first century world of ours is shaping up right now largely as a confrontation between the U.S./NATO and the BRICS, warts and all on every side.

Have You Witnessed the Change?

Valerie Berset-Price | Posted 04.23.2012

Valerie Berset-Price

What is of interest here to note is that for the first time ever, investors have more confidence in a Chinese-owned company than in a European one, which truly puts in perspective how much things have changed in our world economy.

A Tax for Your Thoughts...

Maria Paravantes | Posted 04.19.2012

Maria Paravantes

We've passed the audition and are now holding starring roles in Animal Farm Takes Greece -- a remake of George Orwell's foretelling allegorical tale penned 67 years ago!

Conditions Are Perfect For Bilingual Education - So Why Is It In Decline?

Stephen Palacios | Posted 04.16.2012

Stephen Palacios

The global economy benefits from a labor force that can transact business in more than one language, which would seem to reinforce the need for bilingual education. While English is the lingua franca of today's global economy, it is hard to argue that knowing another language is a disadvantage in today's (or tomorrow's) market.

Transformative Development: How Jim Yong Kim Might Change the World Bank

Matthew Kavanagh | Posted 04.13.2012

Matthew Kavanagh

Jim Kim represents a break from the past -- as both his supporters and detractors agree -- and would surely steer the World Bank in new directions.

The End of Capitalism -- So What's Next?

Klaus Schwab | Posted 04.14.2012

Klaus Schwab

Even though capitalism has not been laid to rest, it is fair to say that capital is losing its status as the most important factor of production in our economic system. Capital is being superseded by the ability to innovate -- and therefore by human talents.

The Republican Path to National Failure

Hoyt Hilsman | Posted 04.12.2012

Hoyt Hilsman

From immigration to health care and education reform, the Republicans are arguing for restricting access not only to the poor, but chiefly to the middle class. At the same time, they are arguing for a greater concentration of wealth among the elites.

Global Marketplace Stifles Youth Activism

The Daily Beacon | Posted 04.11.2012

The Daily Beacon

Our environment and its expectations foster apathetic outcomes. Our time is inadequate to cite superhuman accomplishments, right society's wrongs, and have any semblance of a personal life.

The Happiest Nation In The World Is...

Posted 04.06.2012

Denmark has taken the top spot on the United Nation's first ever World Happiness Report, followed by Finland, Norway and the Netherlands. The 158-...

Growing Cracks in the BRICS

Daniel Wagner | Posted 04.06.2012

Daniel Wagner

As the BRICS push for greater collective influence in the global arena, likewise the West should continue to push for greater democracy within the BRICS countries that are not yet democratic.

Education Has Become a Hot Election Issue

John M. Eger | Posted 04.04.2012

John M. Eger

Cities everywhere should be looking to the San Diego race to see what the city does about education ... whoever is elected.

Education Reform: Why a Bachelor's Degree Still Matters

Peter Smirniotopoulos | Posted 04.02.2012

Peter Smirniotopoulos

It would be truly unfortunate if twenty years from now we woke up to the realization that U.S. prominence in the world's economy had dropped even farther from where it stood today, because we made the mistake of shortchanging our educational systems.

Foreign Markets and the Big Screen

Chris Dodd | Posted 03.30.2012

Chris Dodd

The motion picture industry, like all major American job creators, is part of a growing and interconnected world economy. But it might be surprising how important foreign movie theater audiences are to the millions of Americans who depend on the motion picture industry for their jobs.