New Global Economic Order: China’s Rise as US Dominance Fades out! Conversation w/Dr. Warwick Powell
Over the last few decades, the global economy has undergone a significant evolutionary transformation. Post-World War II, the global economic structure was primarily divided into two main parts: the economy revolving around the union and common markets, and the global economy dominated by the United States. The U.S. economy once represented over 50% of global GDP, playing a hegemonic role in global economic governance. However, over the past 30 years, this centralized economic system has shifted towards a more decentralized and distributed global economic network. This transition has brought about both opportunities and challenges, particularly for regions experiencing high growth. Politically, the benefits of a centralized system have waned, and the evolution towards a decentralized global economy continues to shape the economic landscape.
Dr. Warwick Powell is an Adjunct Professor at Queensland University of Technology in Australia and a Senior Fellow at the Taihe Institute in Beijing. He is also the chairman and founder of Sister City Partners Limited, a not-for-profit investment bank dedicated to fostering economic links between regional Australia and Asian markets. Warwick’s work encompasses a broad range of interests, including China’s economic development, regional economic strategies, digital technologies, and the global political economy and governance. Through his various roles, Warwick contributes to enhancing understanding and cooperation between different regions and advancing technological and economic development.
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About David:
Dr. Oualaalou served a fifteen-year career in the United States Armed Forces in support of the US government’s security agencies in Washington DC and around the world. His primary roles include security policy, intelligence analysis, security operations advice including leadership and managerial operations. He advised high-profile U.S. military and civilian officials on security issues, economic trends, and foreign military threat information. He has written many articles and books including his latest, The Dynamics of Russia’s Geopolitics: Remaking the Global Order.
About Elizabeth:
Elizabeth graduated with a degree in Global Business. She visited corporations in China, India and South Korea among others. Elizabeth is a successful entrepreneur and business consultant. She has visited many countries on four continents including: Asia, North America, South America and Europe. She speaks different languages, her passion is exploring ancient cultures.
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