Quo Vadis: World Economy and Institutions at a Crossroads [Hardcover]

This study addresses the two major challenges facing the global economy: globalization and the European structural crisis. In addition, it takes a closer look at the impact of this on the Italian economy. The findings reflect on the issue of long term growth and suggest ways in which to create sustainable financial conditions for the future.PART I: WILL THE 21ST CENTURY BE THE END OF WESTERN LEADERSHIP AND POWER? WHAT WILL THE NEW WORLD AND NEW GOVERNANCE BE LIKE? 1. Views from International Institutions 1.1. Global Economy Outlook and Risks; Emilio Rossi 1.2. Long Term Growth of the Global Economy; Paul Van den Noord 1.3. The Success of Emerging and Developing Economies: Faster Growth in the Next Decades but it's a Very Bumpy Road; Carlo Cottarelli 1.4. Capital for the Future: Saving and Investment in an Interdependent World; Maurizio Bussolo 1.5. An Initial Summary; Mario Baldassarri 2. Area Visions 2.1. Why is the US not Growing as Expected and Needed and hat are its Prospects for the Future?; Dominick Salvatore 2.2. A Few Reflections on the World Economy as we Look into the Relationship between Emerging and Advanced Countries; Michele Bagella 2.3. The Rise of the RMB and its Implications for the International Monetary System; Gao Haihong 2.4. The Two-headed Russian Eagle: One Head Will Continue Facing the West and the Euro-Atlantic area; Elena Ananieva 2.5. Russia, Europe and the World: a View from an Entrepreneur; Valery A. Fadeev 2.6. Egypt: Can the Economy Survive the Political Turmoil?; Samir Radwan 2.7. Europe's Need for a Common Mediterranean Area for Growth and Peace; Gavri Bargil 2.8. Morocco and the Maghreb Region: Europe is the Number One Priority, but what will Europe be like in the Future?; Hassan Abouyoub 2.9. Europe: Who Bears the Burden of Adjustment? So Far, Only Deficit Countries do. Is this Working?; Paulo Guerrieri PART II: IS EUROPE OVER OR WILL EUROPE BE THE U.S.E.? 3. European Overviews 3.1. European Economy Forecasts; John Walker 3.2. The l?