With the rise of China, global power balance is likely to shift to the East, scholar says
15/3/2011
Does economic strength determine global power? How long can under-performing economies continue to claim world political leadership? What pressures arise from this mismatch? In a recent School of Contemporary Chinese Studies seminar, Professor Danny Quah of the London School of Economics and Political Science presented the arguments and evaluated evidence of an ongoing restructuring of world power driven by stunning economic achievements in the East. Professor Quah suggested that ongoing tensions would continue to be pervasive in the global economy due to international political systems failing still to match the new global economic reality. He described calculations he'd done showing that the world's economic centre of gravity had already drifted out of the mid-Atlantic now to past Izmir Turkey, and likely would settle on the border between China and India.
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Professor Danny Quah
Danny Quah is Professor of Economics at the London School of Economics and Political Science; he is also Co-Director of LSE Global Governance, Research Director of INET@LSE, and Senior Fellow at LSE IDEAS. He currently serves on Malaysia's National Economic Advisory Council. In 2006-2009 he was Head of Department for Economics at LSE. Quah holds degrees from Princeton and Harvard, and was Assistant Professor of Economics at the Massachusetts Institute of Technology before joining the LSE.