Knowing what to possibly expect from the future of the global economy presents an enormous opportunity for you to better prepare yourself for the momentous challenges and possibilities of tomorrow. Now you can, with this provocative six-lecture series. Offering pointed looks at the economic past, present, and possible futures of these three powerful nations, these lectures will have you finally grasping the intricate nature of our world economy and the driving forces responsible for where it will stand in years to come. Professor Rodriguez's lectures are the perfect way to witness just how these three economies have gotten where they are today. Central to this series are revealing answers to some of your most pressing questions about the current state of the global economy and its future. How long will the United States remain at the top of the global economic ladder? What forces are responsible for China's and India's spectacular growth over the last two decades? When and why might China's and India's rapid annual growth rates slow down? In addition to bringing you up to speed with the economic stories of these three world powers, these lectures also provide you with insights into the next decades of the world economy and the new economic order currently being forged. Throughout the lectures, Professor Rodriguez uses his keen economist's eye to report ideas, trends, and possible outcomes you can expect to see as China and India continue to reach (and possibly even supersede) the economic power of the United States. So join him for this chance to find out, before everyone else, just what to expect from the economies of China, India, and the United States.
China, India, and the United States: The Future of Economic Supremacy
Trailer
01: The Narrowing Economic Gap
Take an insightful look back at the dramatic economic histories of the United States, China, and India between 1961 and 2010—a period that offers a strong foundation for thinking carefully about what the global economic situation of the next 20 years may look like. In particular, explore the impact of such trends and programs as America’s post–World War II economic boom, Mao’s disastrous Great Leap Forward, India’s triumphant independence from Great Britain, and the paralyzing global recession of 2008.
02: China’s Economic Miracle
China’s recent economic growth is the most miraculous economic story in world history. But it’s a uniquely Chinese story that perhaps no other nation could have written. What about China’s culture and politics changed to produce such spectacularly rapid growth? Does the successful Chinese approach represent a new model for economic growth in other countries? How sustainable is this growth in the long run? Professor Rodriguez reveals the answers to these and other questions here.
03: India’s Rise from Isolationism
India’s economic growth, which emerged after decades of lost opportunities, is primed to earn the country a place among the most influential world economies of the 21st century. In this fascinating lecture, accomplish three main objectives. First, grasp the root causes behind why India’s economy was terrible for so long. Second, learn why India’s rapid growth is happening right now, and not decades earlier. And third, discover what India’s unprecedented economic success means for India—and for the world.
04: The U.S. at the End of the Old Global Order
Will the end of American economic supremacy mean the end of American prosperity? Make sense of this provocative question by charting the rise of American economic “exceptionalism” during the 1990s; investigate why the era of a U.S.-dominated global economy is ending and how the Triffin Paradox helps explain these reasons; and find out why this dramatic change may in fact be the only way to ensure America’s future prosperity and its ability to continue growing.
05: Strategies for the New Economic Order
The next decade will be an absolutely critical one for the future of the world economy. Using his keen economic and historical knowledge, Professor Rodriguez explores the future of America and China’s economic relationship; helps you make sense of the massive changes and challenges India faces in the coming years; illustrates specific steps that the United States can take to rebalance its economy; and demonstrates why the global recession of 2008 was, in actuality, a transformational moment.
06: The Future of the 3 Economic Powers
Look further ahead and address the questions that loom the largest when thinking about the economies of America, China, and India. What can we expect from each of these three countries in the next 20 years? How will each country contribute, in its own distinct way, to the new economic landscape currently being formed? How ready are China and India to assume the power coming their way? And how influential will America continue to be in the new global economy?
Overview Course No. 5892
About
Dr. Peter Rodriguez is Associate Dean for International Affairs and Associate Professor at the Darden School of Business at the University of Virginia, where he teaches global macroeconomics and international business. The holder of a Ph.D. in Economics from Princeton University, Professor Rodriguez has also taught at both that university and at Texas A&M, as well as at universities around the world, including on the water as a faculty member of Semester at Sea. His broad experience as a teacher—which has produced awards for teaching excellence wherever he has taught—goes hand-in-hand with significant real-world experience in the realm of business, which has drawn on his skills as both an educator and a practitioner. Professor Rodriguez's private teaching engagements include work with the AES Corporation, Harris Corporation, Rolls Royce, and Visa, among other companies. He also worked for several years in the Global Energy Group at JPMorgan Chase, where his assignments centered on work for multinationals such as Royal Dutch Shell, Pennzoil, Apache Corporation, and Santa Fe Energy Resources. His current research interests include the interaction of globalization, economic development, and social institutions; the consequences of corruption for multinationals; and seed-stage finance in emerging markets.
