Growing Pains

As clouds gather over its economic prospects,the United States seems to still have a long way to go toward riding out the recession. In striking contrast,emerging Asian economies are becoming a stabilizing force in the global battle against the economic crisis. John Rutledge,former economic advisor to U.S. presidents Ronald Reagan and George H.W. Bush,discussed this issue in an interview with Beijing Review reporter Hu Yue on the sidelines of the Boao Forum for Asia on April 17-19.