Answer to Question #42041 in Other Economics for naif

Question #42041
challenges facing the global economy
Expert's answer
We can single out such challenges facing the global economy:
-Energy and Environmental Security
-Conflict and Poverty - in a worldwhere boundaries and borders have blurred, and where seemingly distant threats can metastasize into immediate problems, the fight against global poverty has
become a fight for global security.
-Global Imbalances - today'sinterconnected world is in uncharted territory: the world's sole hegemonic
power, the United States, nurses an addiction to foreign capital, while
up-and-coming powers such as China and oil exporters sustain surpluses of
increasing magnitudes.
-Rise of New Powers - The rise of"emerging powers"-a group that usually includes the so-called BRICs
(Brazil, Russia, India, and China), but which sometimes is applied more broadly
to include South Africa, Mexico and others-is reshaping the global economy and,
more gradually, international politics.
-Global Health Crises - from respondingto the threat of pandemic flu to efforts to control the spread of HIV/AIDS, the world has begun to realize that global health issues are relevant for any
citizen, regardless of nationality, residence or status.

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