Regional Outlook, Global Perspective

JAPAN-A TROUBLING OUTLOOK FOR THE WORLD ECONOMY

JAPAN-A TROUBLING OUTLOOK FOR THE WORLD ECONOMY
Japanese with flags, Wikipedia.org

The Japan Times-Oct 15

Indonesian President Joko Widodo is deeply concerned about the future of the global economy. In his speech to the annual meetings of the International Monetary Fund and the World Bank in Bali last week he warned that “relations between the major economies are looking more and more like the Game of Thrones,” the dystopic fantasy of a world in constant struggle between feuding dynasties. Worried that the “situation might be more threatening than the financial crisis 10 years ago,” Widodo implored the assembled economic grandees to cooperate and avoid a future that would inflict a “tragic price” on the “defeated” and the “winners.”

Read more at: https://www.japantimes.co.jp/opinion/2018/10/15/editorials/troubling-outlook-world-economy/#.W8mbzFIxWCQ

First published in: The Japan Times

 

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