World Economy:Considerations in the Face of the Year 2000

Great changes in the world economic situations in the past 20 years set people thinking about the future of the world.As is known to all,it is the difference in economic structures that determines the position of different countries and areas in world economy.The United States of America,for instance,enjoys tremendous power in economic strengths,for she is in control of the essential productive factors and flow of economic products.On the other hand,cooperation in finance and trade has allowed more room for economic policy making and implementing for various countries.The position of developing countries tends to become increasingly boundary like,too. Being a strong,affluent and civilized member of the earth village,China has played a special role in world affairs, and will make still greater contributions to development of world economy in the 21 st century.