Thomas Friedman, the three-time Pulitzer prize winner and foreign affairs columnist of The New York Times, built a bonding with book readers and avid students and followers of the international politics with his 2005 bestseller, The World is Flat.
After several years of robust growth, the world economy today faces some serious and unenviable challenges. The US housing bubble of 2007 and the unfolding credit crisis, the decline of dollar vis-a-vis other major currencies, the persistence of large global imbalances and high oil prices threaten the sustain-ability of global growth in the coming years.
