Against Growth Market Pessimism |
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Authors: | PARAG KHANNA |
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Affiliation: | Senior research fellow at the New America Foundation and author of The Second World: Empires and Influence in the New Global Order (2008) and How to Run the World: Charting a Course to the Next Renaissance (2011). He is a Young Global Leader of the World Economic Forum. |
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Abstract: | The great story of the last decade has been the “rise of the rest”—emerging economies such as China, Brazil, Turkey and India—to a position rivaling that of the established, advanced economies. As the aftershocks of the financial crisis of 2008–2009 continue to ripple through the global system, will the rising rest stay or track or be derailed? Some of the world's top economists examine this question in the following section. |
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