Since the beginning of the financial crisis, the economic power of the US has decreased whereas the power of new and rising economies like China and Brazil has increased. Because power is shifting, it seems that the G20 - the group of the 20 largest economies - will replace the G7. The leaders of the G20 claim they have been doing this over the past year and they say they will become decision maker number one. According to World Bank president Robert Zoellick this is rather a good thing, because he believes "A multi-polar economy less reliant on the US consumer will be a more stable world economy."
Maxime Deleye
Source: US economic power 'is declining' (BBC News)
1 opmerking:
Clear focus and balanced development of ideas over 4 sentences: well done.
Good use of linking words.
S3: become the number one decision maker
S4: this is a rather good thing...
Een reactie posten