Missions of the 21st century

Developing economies are fast becoming the dominant global economic forces - and Ireland has a ready-made place in this new world order, writes David McWilliams.

11th November, 2012
Missions of the 21st century
'While not unprecedented (all great empires and powers tend to peak, overreach and fall back in the great Darwinian game of global economic history), these trajectories are significant and quite immediate'.

We all know that 2016 will be an auspicious date for Ireland. But it will also be an important date for the world. Yesterday, the OECD announced that the Chinese economy is set to overtake the US by 2016. Indeed, by the end of this year, China will have overtaken the eurozone economy.

Bearing this in mind, arguably the more significant power struggle was not the one between Obama and Romney last week, but the handover of...

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