One of the themes that cuts across all regions and the economic and political threat, grave concerns about unemployment. The population is over 7 billion people, desperation in immigration to europe, better resource nationalism because it will fail to produce employment, i wonder how vulnerable do you think a retreat from global trade alliances, wto, return to resources that it nationalism, a wonder how big a concern you might see this unemployment and an ability to deliver jobs to you. My own view is you have a real challenge, a lot of the interest in the emerging markets in the last decade was driven by resources, particularly Energy Resources under the notion that we were in a world of sharp scarcity in Energy Resources. In fact, we are entering into a very different world in which scarcity of assumptions are being challenged if not replaced, and if you look at who is vulnerable to that, it is front years and particularly those where resources nationalism continues to have a lot of
Forward and engage in further incursions into ukraine. And we recognize that in order for russia to feel the brunt the impact of these sanctions, that it will have some impact on the Global Economy as well as on all of the countries that are represented here today. And were mindful that that is going to be different not just between the United States and europe, but also among Different Countries inside of europe, some of whom are more dependent for example on energy from russia than others are. So were taking all of this into account. I think energy is obviously a central focus of our efforts, and we have to consider very very strongly. This entire event i think has pointed to the need for europe to look at how it can further diversify its Energy Sources, and the United States is blessed with some Additional Energy sources that have been developed in part because of new technologies, and we have already licensed, authorized the export of as much natural gas each day as europe uses eac
Bank of south sudan, picking up the pieces economically when this is all done will be much, much harder if we pull that support out now. So i do think that its important and imperative that Development Assistance continue. That the modalities be examined. That the strategies be updated as the situation changes. But that we keep the commitment to the people of south sudan and not harm them further. And one last point. The building leverage is critical. Thats what weve got to be looking for all the time. The aid doesnt i agree. The aid doesnt make a big difference to these guys. But it does make a big difference to the people of south sudan and to the building of institutions in the long run. Pulling that away now would really undermine the longterm stability of the place. Our leverage i think should focus on individual culpability. The targeting sanctions, prosecution of people who are found to be committing or planning atrocities and patterns of atrocities. The additional leverage come
Poverty in china, in indonesia, in india, yes is the answer to that. I remember doing a piece with my colleague linda lim from the university of michigan on wages in Southeast Asia and socalled race to the bottom hypophysis. Empirically we are in exactly 180 degrees different world. It is not race to the bottom in wages at all in china, very similar, phenomenon. I think it is a fair question, i dont want to overstate the point. I dont believe that economic integration is a panacea and it doesnt always work. The term i use was a mitigated ranted clearly is. In particular as i look at the middle east, part of the tragedy of what we used to call the arabs spring was you never really got full transitions that were able to put in place economic policies and programs to address these issues and it was that factors that was the major element behind the deterioration and i know this is something that is very hard to influence from the outside. Plenty of people were working on these issues, egy
Congressional, but generally, you know, voters dont have a ton of familiarity with the people on that ballot. So i think for the voters it was actually a pretty typical election. There and you remind me what the other questions were . So the others were would you expect a similar effect in a higher visibility race, and would you expect the parties really to start weighing in this more often in primaries, primaries and higher level races such as for congress . So they, these endorsements were for congress as well. So we actually have a pretty broad distribution state assembly, state senate and congress. Its just a general mix. And so i would expect them to continue doing that. I think one of the key questions is how much primary competition will there be in the future, how much of what we saw in the 2012 was a function of the redistricting which was also pretty radical in california in the basic sense that it moved the lines a lot. Theres a lot of uncertainty about who with am i represe