A Quote by Joseph Stiglitz
The diminishing economic role of the United States in the global economy means that global political power will also become more dispersed. The world will become multipolar. By clumsily re-asserting a wish for U.S. dominance, Donald Trump is accelerating the opposite.
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Many people in the world believe that in the 21st century, the Asia-Pacific - Asia in particular - will play a more important role in global economy and politics and that Asia will become an important engine for the world economy.
In pursuing economic growth, India and the United States share similar values and similar challenges. We understand that the global economy is here to stay. To keep growing and leading the world in innovation and opportunity, the United States and India must trade freely, openly, and according to the principles of the global marketplace.
Actually, the phrase "national security" is barely used until the 1930s. And there's a reason. By then, the United States was beginning to become global. Before that the United States had been mostly a regional power - Britain was the biggest global power. After the Second World War, national security is everywhere, because we basically owned the world, so our security is threatened everywhere. Not just on our borders, but everywhere - so you have to have a thousand military bases around the world for "defense."
I believe we have made a decision now that will permit us to create an economic order in the world that will promote more growth, more equality, better preservation of the environment, and a greater possibility of world peace, we are on the verge of a global economic expansion that is sparked by the fact that the United States at this critical moment decided that we would compete, not retreat.
I hope Donald Trump doesn't become president of the United States and I expect the people of the United States will have the good sense not to elect him.
We might hope to change the world through better, bigger programs to stop global warming, but global warming will not end unless people become less greedy and less wasteful, gaining a fresh vision of what it means to love our global neighbor.
If the IMF is correct (a big if), China will be the planet's No.1 economy by 2016. That means whoever's elected in November next year will be the last president of the United States to preside over the world's dominant economic power.
It is conceivable that at some point a truly united and powerful European Union could become a global political rival to the United States.
I never use the concept, multipolar. I use multilateral. Because we have only one global power: whether you like it or not, this is the United States.
Just as much as the United States mattered to cotton, cotton mattered to the United States. Cotton reinvigorated slavery, established the young nation's place in the global economy, and eventually helped create the political and economic conflicts that resulted in civil war.
Some even believe we (the Rockefeller family) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it.
The economic borderlines of our world will not be drawn between countries, but around Economic Domains. Along the twin paths of globalization and decentralization, the economic pieces of the future are being assembled in a new way. Not what is produced by a country or in a country will be of importance, but the production within global Economic Domains, measured as Gross Domain Products. The global market demands a global sharing of talent. The consequence is Mass Customization of Talent and education as the number one economic priority for all countries
With the United States in slow long-term decline, how will that affect the position of English? And where will all that leave monolingual Britain? Our political leaders like to boast about how global Britain is, but when it comes to languages, it is near the bottom of the global league, together with another island state, Japan.
The United States will continue to be number one, and I do not see any country or group of countries taking the United States' place in providing global public goods that underpin security and prosperity. The United States functions as the world's de facto government.
[Donald] Trump is instructive.For Trump, it was that the global economy and the international world order were failing regular people.
To call the American role in the world imperial was, for many who did so, a way of asserting that the United States was misusing its power beyond its borders and, in so doing, subverting its founding political principles within them.
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