Thefailurewavephenomenainglassmediaundershock loading are analyzed. The propagating mechanismanddynamiccharacteristicsoffailurewave and the property of failure layer are revealed.
The risk is that failure to agree on a new wave of openness during a period (the past two years) in which the world economy has been growing at its fastest for three decades, with more countries sharing in that growth than ever before, will set a sour political note for what may well be tougher times ahead.