The events of the past year and a half have reshaped the world economy, left governments and bankers with new worries and altered the geopolitical landscape. Once-dominant countries, including the United States, have largely been eclipsed, with emerging economies now poised to play leadership roles that were unimaginable just a few years ago.
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Full story at http://www.npr.org/templates/story/story.php?storyId=122155918&ft=1&f=1006
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