His latest book is called Global Tilt: Leading Your Business Through the Great Economic Power Shift.
There is no question that inequality has been rising in the United States and that it raises numerous issues concerning what is a fair distribution of income and wealth, what taxes we ought to raise, and how to prevent those who acquire great economic power from also gaining excessive political power (through campaign contributions).
If it means a country with great economic and military power, I would say "Yes, it will, in several decades".
Far from oozing self-confidence, China is witnessing a fierce debate both about its economic system and the sort of great power it wants to be and it is a debate the government does not like.
The second question is about the clash between Russia's economic weakness and its lingering desire to regain great-power status.
When they combine forces, France and Germany have a great deal of structural (economic, demographic, military) power in the Eurozone and to a slightly lesser extent, in the EU 27.
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The Fed and Treasury may have handled the crisis ineptly so far, but the U.S. and every other economic power know only too well the lessons of the Great Depression.
And so you saw, first and foremost, a preeminent focus on recovering from the Great Recession and restoring American economic strength, which is the bedrock of American power.
He came to power in 1933, when the entire industrialized world was mired in the Great Depression, the worst economic slump in modern times.
It rests on three geostrategic imperatives: that Russia must remain a nuclear superpower, a great power in all facets of international activity, and the hegemon the political, military, and economic leader of its region.
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They have done so partly because they see that rescuing Russia's economy requires close economic links to the West, but also because they are rightly nervous about the growing power of their great eastern neighbour, China, and want a western neighbour they can turn to for help if necessary.
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