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Economists and policymakers who will be attending the World Economic Forum in Davos, Switzerland, beginning Jan. 24 have been furiously debating whether the world has "decoupled" from the U.S. economy. The U.S. constitutes about 28% of global gross domestic product (GDP) as measured in dollars, and it accounted for one-fifth of worldwide growth from 2000 to 2006. When the U.S. faltered in the past, the rest of the world staggered. And certainly there are signs of fatigue. A cooling housing market slowed U.S. GDP growth to 2% in the third quarter, and even if the economy has strengthened...
...gets underway, that uneasy mixture of confidence and incredulity seems to be a global phenomenon. Economists, bankers and policymakers have long argued about the extent to which the world economy remains dependent on America, and the issue will loom large at this year's World Economic Forum in the Swiss mountain resort of Davos in late January. The U.S. constitutes about 28% of global gross domestic product as measured in dollars, and it accounted for one-fifth of worldwide growth between 2000 and 2006. So the big question is: If America's growth doesn't pick up significantly, can other...
...poll, conducted by the management-consulting company Accenture, provides an intriguing snapshot of the key concerns of corporations at a time of turbulent economic transformation. Among the findings, which will be published this month during the World Economic Forum in Davos: most executives said that both their customers and their suppliers had become more global over the past five years. Likewise, just over half said their employees now come from a wider array of countries than ever before. But asked how well prepared they thought their organizations were to succeed as global enterprises, 22% said they were either "extremely poorly...
Last June in Washington, the conservative Heritage�Foundation held a forum on terrorism with a panel of august authorities. There was Secretary of Homeland Security Michael Chertoff. There was a pair of think-tank terrorism experts. And naturally, there were Chloe, Tony and the evil President from...
...Politically, however, it's hard to argue with a winning strategy. The ACLU's three races fly in the face of Harry Reid's victorious approach throughout the 109th Congress: hammer the President in every public forum on Iraq and executive overreach, but never, ever get on the wrong side of tough national security policies. Echoing the dominant centrist approach, California's Dianne Feinstein, who sits on both the intelligence and judiciary committees, told me yesterday she thinks "it is right to give the government reasonable leeway to protect Americans," while "having hearings and oversight is also helpful in clearing...