This edition: America in the 21st Century: A View from Europe
Original tape date: May 10, 2012.
First aired: October 22, 2012.
Martin Wolf, associate editor and chief economics commentator at the Financial Times. It's likely that the U.S. will cease to be the world's largest economic power by not later than the 2020s, predicts Martin Wolf. However--depending on its policy choices--it will probably remain a center of world innovation in research, technology, and business.