The world economy is poised for further recover but at varying speeds across and within regions. Due to the debt crisis, the recovery under way in the major advanced economies will be relatively sluggish compared with recoveries from previous recessions. In the United States, the growth has been lingering and unemployment remains high. In the Euro Area, turmoil escalated in late spring and late fall 2010 and, again, in early spring. The current spotlight on the fiscal position of the Euro Area precipitates increasing volatility in other G-7 economies (United States, Japan). At the same time, the large emerging economies, in particular the emerging Asia, have been moving into a leadership role in the world economy. What are the geopolitical and economic implications? In the advanced economies? In the large emerging economies? In Asia?
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Dr Dan Steinbock, Research Director, International Business at the India, China and America Institute (USA), and Fellow, Shanghai Institutes for International Studies (China)
- Thursday, 03 March 2011
- 5.15 p.m. - 6.30 p.m.
Seminar Room 3-1
Level 3, Manasseh Meyer
Lee Kuan Yew School of Public Policy
469C Bukit Timah Road