Silver Linings for a Golden Age
To gain purchase on where the world is headed, we must consider three crucial issues: whether the US will reassert its moral leadership; whether China will recapture its economic-growth momentum; and whether Japan and Europe can recover their animal spirits. Despite the many challenges ahead, there is reason to be optimistic.
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SINGAPORE – Are prospects for global stability and prosperity improving or deteriorating? With enlightenment and progress in some parts of the world accompanied by atavism and stagnation elsewhere, this is not an easy question. But we can gain greater purchase on it by considering three other questions.