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January 15, 2009
As the effects of the financial crisis continue to unfold,
the world faces serious challenges to the functioning
of both capital markets and the global economy.
With aggregate demand falling, there is a significant risk
of a severe global recession that will affect many sectors,
asset classes and regions in tandem.
It is in this context that the World Economic Forum
is releasing this report. Its launch is timed to coincide
with the World Economic Forum's 2009 Annual Meeting,
which will provide leaders from industry, government
and civil society with a unique and timely opportunity
to actively shape the post-crisis world in a holistic and
systematic manner that integrates all the stakeholders
of global society. A key track of the meeting will be
focused on promoting stability in the financial system
and reviving global economic growth, and we hope
this report will both provide relevant background as well
as catalyze dialogue on related issues.
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Start-Up Nation addresses the trillion-dollar question: How is it that Israel—a country of 7.1 million, only sixty years old, surrounded by enemies— produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada, and the UK? With the insights of geopolitical experts and investors, the authors examine this nation’s adversity-driven culture to answer this question and offer prescriptions for a global economy on the rebound.
In Forces of Fortune, Vali Nasr presents a paradigm-changing revelation that will transform the understanding of the Muslim world at large. He reveals that there is a vital but unseen rising force in the Islamic world—a new business-minded middle class—that is building a vibrant new Muslim world economy and that holds the key to winning the cold war against Iran and extremists.
In Cuba: What Everyone Needs to Know, Julia E. Sweig presents a remarkably accessible portrait of Cuba's unique place on the world stage over the past fifty years, including its internal politics, its often fraught relationship with the United States, and its shifting relationship with the global community.
Complete list of CFR Books
Copyright 2009 by the Council on Foreign Relations. All Rights Reserved.