Eric Beinhocker is a senior fellow with the McKinsey Global Institute.
Jeremy Oppenheim is director of McKinsey’s Climate Change Special Initiative.
The world faces two urgent demands. First, the global economy is in crisis and needs to be turned around. Second, scientists tell us that time is running out on tackling climate change and we are putting our planet at risk. The conventional wisdom is that those two demands are competing. The conventional wisdom is wrong.
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New research from the McKinsey Global Institute suggests that the forces fueling growth in financial markets have changed.
Zhou Xiaochuan, China's central bank governor, calls for a new world currency, in a March 2009 speech.