U.S. economic power is declining. The global crisis has redesigned the map of world economy
The global crisis has redesigned the map of the world economy to benefit emerging economies such as China, but experts doubt its capacity to generate a single, global growth, the way they did the United States in recent decades.
"The crisis has increased the movement from West to East" of the global economy, a summary Niall Ferguson, professor at Harvard Business School, in a debate organized by the BBC in Istanbul on margin general meeting of the International Monetary Fund and World Bank.
No Comments