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8 of August, 14:31

Nobel laureate in Economics: United States stood on the sidelines of history
The block of developed countries led by the United States is doing everything they can to prevent developing States to form the international architecture of the global economy, which will also work for the poor residents, according to Nobel prize in Economics.

He stressed that in the 13 years since the first international Conference on financing for development in Monterrey in the Mexican 2002, much has changed. Then dominated the country's " Big seven ", but currently the world's largest economy (based on purchasing power parity) China possesses, and his savings are supposedly 50% more than the United States.

"in 2002, Western financial institutions were considered magicians in risk management and capital allocation

sections: Politics

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