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As documented in actions by Abraham Lincoln, national economic development depended upon improved and uninterrupted flow of traffic. However, equally important was the abolition of slavery, and changes to trade and tariff regulations were also critical. Lessons from these developments could be utilized in developing a globalization blueprint.

Abstract: Dramatic advances in technology and the collapse of international economic, political, and ideological barriers over the last decade have set the stage for an explosion of new business opportunities [...]

It appears to be accepted wisdom that the current global financial crisis, because it had its origins in the United States, marks the end of American financial leadership. That is [...]

A panel discussion by a team of experts on the financial crisis in Mexico reveals that the situation could have been avoided by a timely action by the government of Mexico. The release of funds by the President of the U.S. from the exchange stabilization fund is criticized by some, while others feel the move was necessary, but that funding on such large scales should be avoided in future. There is an urgent need for Mexico to stabilize the financial situation as quickly as possible.

The author examines the evolutionary history of human behavior and its impact on investment decision-making. Discussion focuses on how herding tendencies, left over from prehistoric hunting patterns, may injure individual investors but ultimately produce a collective social benefit.

THE ANSWERS to two great questions will soon set the direction of the world economy. One: Will the industrialized democracies cooperate to sustain an open, market-oriented world trade and financial [...]

The effects of the high demand and low supply of capital worldwide are discussed. Real interest rates are expected to rise while the prices of goods and services are expected to decrease due to increased competition. Investors will turn to growing economies in order to obtain increase returns on their investments while financial markets will impose higher performance standards on countries and businesses.