TORONTO, ON – The global financial crisis accelerated China’s rise in the world economy, disrupting a post-cold war status quo in which the United States was the world’s largest and most dynamic economy and undisputed super power. The world economic order is shifting. Can those who manage international commercial, cultural or political exchanges afford to ignore this shift? (more…)
Former U.N. secretary-general Kofi Annan predicted during a campus visit that the civil war in Syria will become even more tragic before the international community takes action to help resolve the conflict, but said he is optimistic about the political and economic prospects for Africa in the years ahead. (more…)
ANN ARBOR, Mich.—It’s a message no one wants to hear: To slow down global warming, we’ll either have to put the brakes on economic growth or transform the way the world’s economies work.
That’s the implication of an innovative University of Michigan study examining the evolution of atmospheric CO₂, the most likely cause of global warming.
The study, conducted by José Tapia Granados and Edward Ionides of U-M and Óscar Carpintero of the University of Valladolid in Spain, was published online in the peer-reviewed journal Environmental Science and Policy. It is the first analysis to use measurable levels of atmospheric carbon dioxide to assess fluctuations in the gas, rather than estimates of CO₂ emissions, which are less accurate. (more…)
Stephen Roach is a respected authority on Asia — China in particular — and an often-cited and widely recognized prophet on the global economy.
Until recently chair of Morgan Stanley Asia and long the firm’s chief economist, Roach came to Yale in 2010 as a senior fellow in the newly inaugurated Jackson Institute for Global Affairs, with a joint appointment at the School of Management (SOM). This spring Roach announced he would be retiring from Morgan Stanley after 30 years with the firm to teach full time at Yale.
YaleNews recently met with the economist in his office to discuss his new career as a teacher and to get his prognosis on the future of the world economy. (more…)
United Nations says that world economy is on the edge of a severe downturn. It will badly hit the developed countries. But for developing countries the risk is less. Well, sure because they are developing 🙂 . There are a lot of things to do, construct, and organize. If the ruling line will be fine developing countries will show continuous growth.
