Romano ProdiChina and Europe in a Globalized WorldMonday, April 9, 2012Brown UniversityWe live a in a period of rapid economic and political transformation. The distribution of economic power in the world is moving away from the United States and Europe towards Asia and, especially, China. This shift is likely to mark the most important change for the world in the next decades. In this transitory period, policymakers and international commentators alike have expressed anxiety about the fact that China might act as the United States in the 1930s and refuse to assume the responsibilities associated with its status as a rising economic and political power. Some even think that China is becoming increasingly self-interested and nationalist, seeking only to maximize its interests. However, at present it is not China that appears to be the main threat to international stability; rather, it is the absence of a unified Europe.Romano Prodi, former prime minister of Italy, is professor-at-large at the Watson Institute. In addition to serving two terms as Italy's prime minister, he has also served as president of the European Commission, among other official positions. He is a distinguished scholar who has worked as a professor of industrial organization and industrial policy at the University of Bologna's Faculty of Political Science. Prodi earned degrees in Economics and Law from the Catholic University of the Sacred Heart in Milan and a PhD in economics from the London School of Economic and Political Science.Among Prodi's many publications are Governare l'Italia, Manifesto per il cambiamento; L'Italia che vogliamo; Il capitalismo ben temperato; and Un'idea dell'Europa (English ed. Blackwell/Polity, Oxford, 2000).Co-sponsored by the Watson Institute for International Studies.