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b1157301.mp4Streaming VideoView/Open
Title: The Changing Dynamics of the World
Originating Office: IAS
Speaker: O'Neill, Jim
Host: Chan, Tony F
Issue Date: 14-Oct-2011
Event Date: 14-Oct-2011
Group/Series/Folder: Record Group 8.15 - Institute for Advanced Study
Series 3 - Audio-visual Materials
Location: 8.15:3 box 1.7
Notes: IAS UC RUSAL President's Forum - The Changing Dynamics of the World (Presentation and Discussion Sessions).
Abstract: Dr O'Neill focuses on the changing dynamics of the world economy and the rapid rise of the importance of the BRIC nations. He suggests that, contrary to much pessimism, their involvement will lead to great global prosperity for all, not just themselves.
Talking about the rise of the 'Growth Markets', including the four BRICs and four of the so-called Next 11, Dr O'Neill shares his views on how they will be influencing the world economy this decade. Their combined GDP will increase by about double that of the US and Europe together, and therefore this is the key issue for the world economy, not the US credit rating nor the challenges of EMU.
Dr Jim O'Neill is chairman of Goldman Sachs Asset Management (GSAM). As chairman, he is involved in helping guide all aspects of GSAM’s business around the world. Prior to assuming this role in September 2010, Dr O’Neill was head of Global Economics, Commodities and Strategy Research. He serves on the European Management Committee and the Senior Diversity Council. He joined Goldman Sachs in 1995 as a partner, co-head of Global Economics Research and chief currency economist.
Dr O’Neill is the creator of the acronym BRICs. Together with his colleagues, he has published much research about BRICs, which has become synonymous with the emergence of Brazil, Russia, India and China as the growth opportunities of the future.
Duration: 50 min. (Presentation Session)
Duration: 47 min. (Discussion Session)
Appears in Series:8.15:3 - Audio-visual Materials
Videos for Public -- Distinguished Lectures