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Commentary: End of the ‘flat world’
By David Skilling in Singapore
A few years before the 2008 financial crisis, journalist Tom Friedman captured the zeitgeist with his argument that ‘the world is flat’, that all competitors in the global economy have an equal opportunity to succeed.
But if it was once possible to argue that (Western-led) politics and technology were creating a flat world, today they are combining to create a more lumpy, multipolar system. Developments in North America, Europe and the Asia Pacific region point towards the rise of more regionally-ordered trading systems.
Read the full commentary on the website.
Meeting: US economy and monetary policy
James Bullard
Monday 8 October, Singapore, 17:00 SST
An OMFIF Foundation City Lecture with James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis and member of the Federal Open Market Committee.
Bullard will discuss continuing developments in US monetary policy, the country’s interest rate outlook and the broader economic implications of US fiscal policy.
Request to attend the meeting.
