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Major Trends in the International Economy

Date 2012-04-24 4203 Clicks

FENG, WEN-HSING

On the afternoon of April 24, distinguished National Taiwan University professor and Academia Sinica Academician, Dr. Chung-Ming Kuan, came to Tamkang to deliver a lecture on the topic “Major Trends in the International Economy”. The talk provided Tamkang students, faculty, and staff with an in-depth analysis of future global market trends.

Dr. Kuan described a number of political and economic changes that have occurred between the 20th and 21st centuries. He also noted that shifts in the nature of production have affected consumer behavior and trade practices, a factor which will inevitably lead to the rise of a new global superpower.

He also talked about the current financial crisis in Europe. He explained that if the countries currently burdened by massive debts remain in the EU, the global financial market will continue to display instability. He suggested that the EU consider reducing the number of member states to include only the countries that can maintain a healthy economy. The countries with fiscal problems (such as Greece and Portugal) should leave the EU and, with the help of the European Stability Mechanism (ESM), work to reorganize their debts and restore financial order.

Finally, Dr. Kuan explained the evolving role of Asia in the global financial market, noting that by 2030, Asia’s middle class will account for two-thirds of the world’s middle class population.

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Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING
Major Trends in the International Economy
FENG, WEN-HSING