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Meine Welt von morgen: Rick van der Ploeg

18. Mai 2009

Was kommt nach der Krise? Die FTD fragt prominente Ökonomen. Im WirtschaftsWunder finden Sie die Antworten in Original-Länge und -sprache. Heute: Rick van der Ploeg (52). Der Niederländer lehrt an der Universität Oxford und der Universität Amsterdam Volkswirtschaft. Der Makroökonom bekleidete neben seiner Forschungstätigkeit bereits verschiedene Ämter in der niederländischen Politik und erlangte durch Zeitungskolumnen und Fernsehauftritte größere Bekanntheit im deutschen Nachbarland.

 

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* Has the time of the United States as the world’s leading economic power come to an end? 

No, but it will have to share the stage with China and India. Furthermore, it will have to adjust spending and stop living on borrowed money. If not, we can expect further slides in the dollar and fragility of the international financial system.

* In 2020, will China be the world’s economic superpower, or will it have collapsed just like Japan and other former would-be economic powers of the world?

China is and will be a superpower, not only as a big investor in the US and the UK and an exporter of manufacturing commodities but also a major importer of natural resources from Africa and elsewhere. Furthermore, China will not be just exporting low-skill, labour-intensive goods, but will also surprise the world by being a front runner in R&D of new products and creation of new designs. Their universities will be in a few decades the best in the world.

* What economic policy strategy would you recommend to the new US president Obama?

Regulate the financial system: supervision, supervision, supervision. And make you sure people start consuming and firms start investing again with whatever it takes. Obama should try to resist protectionist pressures. 

* What is the most radical change in our global economic system that you would like to see?

Get developing countries on the negotiating tables.

* What sort of major step would most likely prevent the most disastrous effects of global warming?

Curb CO2 emissions and invest much more in clean technology rather than in missiles and defense.

* Would it be better to regulate capital markets as heavily as before 1980 again?

Not necessarily as heavily, but much more effectively.

* Will globalisation suffer a major setback in the next few years?

There is a big danger of an upsurge of protectionism, which should be avoided.

 

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