Economist Milanović Discusses Western Decline and Global Economic Shifts
Economist Branko Milanović analyzes the collapse of the liberal world order and increasing risks of major conflicts. He argues Western nations face long-term relative decline while German workers now compete with Asia's middle classes. The discussion addresses China's rise and the end of the existing global framework.
Key facts
- Economist Branko Milanović analyzes global economic shifts
- He discusses the collapse of the liberal world order
- Western nations face long-term relative decline according to his analysis
- German workers now compete with Asia's middle classes
- The discussion addresses China's rise and global conflict risks
Entities
Locations
- Germany
- China
- Asia