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Unit 4 Macro: Global Tensions from the Shift to the East
4th June 2012
Will the East slow before it counts? Is the East only big enough to be culpable but not mature enough to be responsible? In this TED talk recorded at the LSE a few months ago, Danny Quah, Professor of Economics and Kuwait Professor at the London School of Economics and Political Science looks at some of the darker undercurrents, dangers and risks from the changing centre of gravity in the world economy.
Professor Quah addresses two questions
1/ Will the rise of the East count for humanity in bringing hundreds of millions of people out of poverty before the East slows down?
2/ Has the East got mature enough to help run the world economy responsibly?