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sheets in Greenland, events that could raise sea levels 40 or 50 feet, imperiling hundreds of millions of wealthy and poor populations that live on coasts around the world 7 Poverty: More than two billion people globally still live on the margin of sustainability, something easy to forget amid globalization s broad gains But for each new member of the middle class in China and India there are several impoverished and embattled in those countries as well as many in other parts of the developing world Beyond the obvious moral implications, both G7 and emerging nations need to appreciate the demoralizing political frustrations that poverty creates around the world and the security risks it foments Moreover, the G7 needs to understand the pressures many E7 countries face internally given the massive economic gaps that have accompanied rapid industrialization and development, and rethink foreign aid and economic and nancial engagement Both the E7 and G7 need to begin to promote poverty eradication and more global economic opportunities beyond their borders Most of the world s civil wars occur in relatively poor places and can spill across borders very easily
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After a disappointing start to the twenty- rst century, President Obama will have a unique and frustratingly short window of opportunity to reassert American leadership and in uence in global affairs It will not be easy Our leaders need to understand that what appears to be divergent interests among the G7 nations and rising powers are only super cial and that greater gains can be won for all if we are prepared to make bold and unorthodox choices with a Macro Quantum perspective It is today s great paradox: Countries are clearly moving closer economically, increasingly depending upon each other for commodities, trade, and capital, but they are unfortunately moving farther apart politically In the past, forums like the G7 have helped forge multilateral working relationships rules, behavioral codes, and mechanisms for collective progress and orderly con ict resolution But, even if we
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are to ignore the signs of diverging interests and opinions among the current members, the very composition of G7 is surely less relevant today and no longer adequately represents the global system s expanded roster The economic and demographic engines that have driven this new, unprecedented wave of globalization show no signs of slowing, and there is pressing need for multilateral, holistic coordination among old and new powers The challenges are many, and as the world s waning but still strong hegemon, the responsibility of in uencing the future rests with the United States, rst and foremost Although the United States has lost some global goodwill, it still has unmatched human and economic capital But it is up to us to set the ball in motion We must engage old allies, emerging markets, rising powers, and nonstate actors With fresh, comprehensive approaches across a broad spectrum of policy areas, the United States can reassert itself with an overarching, somewhat ironic goal: to lead the world into an era no longer dominated by the United States In doing so, the country actually will be promoting its own self-interests by promoting collective interests By shepherding new approaches and new institutions and by better understanding the interlinkages of global issues, the United States can increase chances for a bright future by winning the in uence and leadership role with the global community it has seemingly lost
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Global Convergence and Sports Standing 7-ft 5-in, Yao Ming is one of the world s most recognizable athletes as the Houston Rockets starting center in the National Basketball Association (NBA) Ming is a poster boy for Apple, Nike, and Visa, and has received the most fan-generated ballots in several all-star games due in part to Chinese citizens voting in astonishing numbers But more important, Ming is one among many foreign-born twenty- rst century sports icons to make his name on the world sceneThis is a major break from the recent past and provides a snapshot into global economic convergence and where the Macro Quantum world is heading
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