What's New

The Great American Downgrade - What would China do and what are its long term implications?

A powerpoint presentation to the EGN CEOs Round-Table in Hong Kong on 25 August, 2011.

Download CEOs Round-Table Hong Kong 25 August 2011 - The Great American Downgrade and its implications

The CEOs Round-Table is part of Executives' Global Network (EGN), a global organization for senior business executives worldwide founded in Denmark in 2007

Are the emerging markets heading to global power, or to a Malthusian world?

From The Economist, 4 - 6 August, 2011-

Emerging vs developing economies - Power Shift -The emerging world begins to seize the lion's share of global markets     Click here

Economic Focus - Why the tail wags the dog - Emerging economies now have greater heft on many measures than developed ones     Click here

But fairness aside, is it sustainable for the emerging markets with huge populations to emulate the per capita resource consumption of the West?

Ponder for a while by visiting my Paper - Age of Scarcity: China at the doorstep to survival to a low-carbon future     Click here

The historic S & P's downgrade marks the end of a unipolar world

The US has enjoyed AAA rating from Moody since 1917 and from S & P's since 1941, the beginning of US trajectory to global dominance. The Standard & Poor's downgrade of the US to AA+ on 6 August 2011, the first time in the history of ratings, seems to mark the end of a unipolar era. It also underpins the emergence of a multi-polar world with much less binary mindsets and modes of engagement as outlined in Dilip Hiro's book "After Empire: The Birth of a Multipolar World" (Nation Books, 2009)

For a synopsis see a reprint of Chapter 11 Pages 271-281 published in YaleGlobal Online -

Click here