1 January 2012


Chatham House


This is a transcript of a speech made by Adam Posen, External Member of the Monetary Policy Committee, Bank of England, on 17 January 2012 at Chatham House.

Mr Posen discussed how what he called a return to an 'old normal' global economy will affect today’s global politics. He argued that recent developments accelerate the long-run trends of economic convergence and declining US hegemony.

Event details and Q&A.