One of the impacts of the crisis is that US economic power is declining, while emerging economies like China and Brazil have grown. It means that there is a long-term rebalancing of the world economy. Mr Zoellick, head of the World Bank, said “ A Multi-polar economy less reliant on the US consumer will be a more stable world economy”. He said that before the meetings of the World Bank and International Monetary Fund.
What will Europe do? Stand by and watch the US forge partnerships with Brazil and China or even India to ensure their position? Or act pro-actively and become as important as the American economic power and be a match for the emerging economies in the years to come. An interesting topic to follow.
Emmanuel Demyttenaere
http://news.bbc.co.uk/2/hi/business/8289302.stm
maandag 5 oktober 2009
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One of the impacts of the crisis is that US economic power is declining, while emerging economies like China and Brazil have grown. It means that there is a long-term rebalancing of the world economy. Mr Zoellick, head of the World Bank, said “ A Multi-polar economy less reliant on the US consumer will be a more stable world economy”. He said that before the meetings meeting? of the World Bank and International Monetary Fund.
What will Europe do? Stand by and watch the US forge partnerships with Brazil and China or even India to ensure their position? Or act pro-actively and become as important as the American economic power and be a match for the emerging economies in the years to come. An interesting topic to follow.
Well-done, but 1) too long and 2) still quite close to the source. Be even more creative.
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