It appears increasingly plausible that the balance of economic activity will partly shift away from the United States and its post-World War II allies and toward the new potential economic superpowers, China and India. But that shift will not necessarily change the way the world works.
WASHINGTON, DC – Who can now sustain rapid economic growth? The answer to this question will determine not just the geography of prosperity in the coming decades, but also what the balance of global economic activity will look like in 2030 or 2050. Increasingly, it appears plausible that this balance will partly shift away from the United States and its post-World War II allies and toward the new potential economic superpowers, China and India. But that shift will not necessarily change the way the world works.
WASHINGTON, DC – Who can now sustain rapid economic growth? The answer to this question will determine not just the geography of prosperity in the coming decades, but also what the balance of global economic activity will look like in 2030 or 2050. Increasingly, it appears plausible that this balance will partly shift away from the United States and its post-World War II allies and toward the new potential economic superpowers, China and India. But that shift will not necessarily change the way the world works.