Has the global financial crisis produced a New World Order?

被引:9
作者
Iley, Richard A. [1 ]
Lewis, Mervyn K. [2 ]
机构
[1] BNP Paribas, Hong Kong, Hong Kong, Peoples R China
[2] Univ South Australia, Sch Commerce, City West Campus,North Terrace, Adelaide, SA 5000, Australia
关键词
Global financial crisis; Global imbalances; Asian decoupling; Chinese economy; Emerging economies; New World Order;
D O I
10.1016/j.accfor.2011.03.001
中图分类号
F8 [财政、金融];
学科分类号
0202 [应用经济学];
摘要
Described by Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System, as the worst financial crisis in global history, the economic impact of the global financial crisis would have been much worse had it not been for Asia (excluding Japan). In broad terms, the crisis has accelerated the secular emergence of Asia, whereas the US recovery is weak by historical standards and problems in Europe continue. What accounts for this two-tier pattern of world growth? Does this juxtaposition signal a permanent reordering of world business - in other words, a New World Order? (C) 2011 Elsevier Ltd. All rights reserved.
引用
收藏
页码:90 / 103
页数:14
相关论文
共 42 条
[1]
Arora Vivek, 2010, FINANC DEV, V12, P11
[2]
Batson A., 2009, AUSTRALIAN 0706, P22
[3]
Batson A., 2010, AUSTRALIAN, P23
[4]
Bernanke B., 2005, SANDRIDGE LECT VIRGI
[5]
Borio C., 2009, WP09284 BIS, V284
[6]
Chiu B, 2006, NEW HORIZ MONEY FINA, P1
[7]
Douglas J, 2010, JASSA, P31
[8]
Elliott M., 2010, FORTUNE, P45
[9]
Farzad R., 2010, BLOOMBERG BUSINESSWE, P21
[10]
Ferguson Niall, 2010, THE ADVERTISER, P38