Indeed, the US Treasury s de facto dominance within the IMF would become a thing of the past.

The Water Hegemon

Thus, institutions are rendered more democratic and governments become more transparent and responsible.

The Model T Ford dominated the automobile market, selling more than all other makers combined in 1914.

The Hedge Fund Hegemon

Many historical periods have been named after imperial hegemons Pax Romana, Pax Britannica, Pax Americana.

In an environment of transparency, accountability becomes all the more important.

Our biggest banks must become simpler.

The United Nations must become more efficient.

As that reality sinks in, economic prospects darken.

Most likely, he would have done worse.

American Hegemony or American Primacy?

Asia s Dammed Water Hegemon

In the long term, the challenge is more vague, but deeper.

This list is a long one, but it could easily be much longer.

Its democracy would not grow weaker by becoming tidier rather, it would grow up.

When the metropolitan scale is recognized, the importance of leading urban areas is even more remarkable.

Over time, they will be bypassed and replaced by more resilient alternatives.

But, if the regulators were right, the French institutions would be more stable.

Nikko is more than temple town. It's also a popular outdoor destination.

Our globalizing world increasingly compels our societies to become more interdependent.

Afghanistan, and hence the US, would be far safer, the world would be far healthier, and the US economy would benefit enormously.

Another impediment is the dominance of large banks.

Conversely, the outer, older portions of the plaque become more calcified, less metabolically active and more physically stiff over time.

They have been weighing heavily on my mind since I got back and this is where my post becomes serious.

This is an opportunity. Not just this, but connected to the ideas that are here, to bring more coherence to them.

Dr. Khan's proliferation activitiesIt could scarcely be more blatant.

As external imbalances grow larger, each phase of this cycle becomes more painful.

With such progressively smaller circuits, more can be fitted on a computer chip.

For a start, financial institutions and investors are more reluctant to lend in such an environment.

First, Europe and South America are more dominant than four years ago and remain the unchallenged great powers of international soccer.

But make no mistake the ground for populist economics is becoming more fertile by the day.

First, it must become more comfortable playing an active and constructive international role.

Many wish that it were also more European in its outlook and behavior.

Until the gas market becomes more liquid and more global, this spread will remain.

Some argued that regional cooperation may offer opportunities for smaller countries to make themselves more attractive.

A victory for the March 8 alliance also would have strengthened Israel s argument that Hezbollah dominates Lebanon, leaving the country more exposed to attack.

If Latin America is to become a strategic partner for the EU and a more attractive market for European companies, European institutions must become more open to the region s needs.

From commodities to financial assets, price formation should become more market based and transparent, while capital allocation should become more efficient and the scope for rent seeking and corruption should be reduced.

A twentieth century dominated first by a few states, then, during the Cold War, by two states, and finally by American preeminence at the Cold War s end, has given way to a twenty first century dominated by no one.

When you think of the future then, do you think it's more likely to be Big Brother exerting more control, more secrecy, or us watching Big Brother, or it's just all to be played for either way?

International relations in northeast Asia will become more subtle and unstable as the Kim Jong il era ends. After six turbulent but somewhat predictable decades, we may be entering into a new era of greater turbulence but less predictability on the Korean Peninsula.

Thus, the immediate benefits become more politically salient than potential future costs.

Governments need to set standards that become progressively tighter over time.

Because when India allows its pravasis to feel at home, India itself is strengthened.