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Posted by: Michael Mandel on March 31
My colleague Steve LeVine recently interviewed Paul Kennedy, author of the seminal The Rise and Fall of Great Powers. Steve asked Kennedy about America’s future. Surprisingly, Kennedy was not as negative as I would have expected. Here’s what he said:
For me, the jury is out. It is as difficult as puzzling out where China is going. Is America still the vital power, or whether it is declining relatively. The debate has intensified. That fact tells me that the U.S. is not going to go away. There is a competing expectation, whether there is a world order that is more multi-polar, which I think we are moving toward, or a hub and spoke with the U.S. at the center.
The rest of the interview is here.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.