The Shocks of the New Economy
actionable solutions, and inspire the world. This issue of Bloomberg Businessweek is dedicated to those ideals. The New Economy Forum is timely, first, because wealth and power continue to shift to the rising economies of Asia, the Middle East, Africa, and Latin America. Indeed, the World Bank projects that in 2020 the emerging economies will grow at 4.6% on average, compared with just 1.5% for developed economies. The forum is well-timed for another reason. It’s being held in Beijing against a backdrop of growing tension and fundamental change in U.S.-China relations. The next century’s geopolitical landscape hinges on how this suddenly fragile relationship evolves. As corporations, governments, and leaders of civil society seek to navigate the New Economy, a better understanding of these key shifts and shocks will be essential. More than ever,…