NY Times article "Harvard's Former Lightning Rod is a Hit in Asia" by Heather Timmons
Lawrence H. Summers, the former Harvard president, has maintained a low profile in the United States since he stepped down from the university post last year amid controversy and criticism.
But in Asia, Mr. Summers appears to be the man of the hour. His views on the importance of Asia’s growth, the challenges of globalization and the danger of the United States’ huge trade deficit are widely promoted by policy makers and economists....
... In a series of visits to China, India, Singapore and Hong Kong since early 2006, Mr. Summers has reiterated several themes that have special resonance in Asia, but have yet to be widely accepted in the United States.
Among them are the idea that growth and changes in Asia are the most important thing to happen during our lifetimest , that the United States and Europe have not yet appreciated the impact of these changes and that the global imbalances from the United States’ current-account deficit — nearly $1 trillion in 2006 — could have severe consequences...
Tom Barnett blogs on this at "the climate-change approach that makes sense to me."
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