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Aug 3, 2011
Aug 3, 2011
Aug 2, 2011
Aug 2, 2011

Analysis: West’s mid-life crisis points to power shift east

NEW YORK/SINGAPORE (Reuters) – The world’s industrialized nations, burdened with aging populations and deeply in debt, face years of slow economic growth that could speed the shift of economic clout to the East.

The United States has no coherent plan to pay for supporting a retiree pool that is about to overflow with the so-called “babyboom” generation, and lawmakers missed an opportunity to address that during the debt debate that dragged the country to the edge of default this week.

Aug 2, 2011
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    • About Kristina

      "Kristina Cooke is an investigative reporter based in San Francisco. Before joining Reuters, she worked at CNN International and The Economist's "World In" journal. She studied International Relations and History at the London School of Economics and grew up in Karlsruhe, Germany. Write to Kristina: kristina.cooke@thomsonreuters.com Follow her on Twitter: @kristinacooke"
      Joined Reuters:
      2005
      Languages:
      English, German, Spanish, Japanese
      Awards:
      Deadline Club, 2010
      Front Page Award, 2011
      New York Press Club, 2013
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