´╗┐

Coping Strategies

Money SharmaŚEPA

GIFT OF GAB: Workers at a Delhi call center man the phones

When all the pieces of the global economy work together smoothly, all the players involved benefit. In this decade, a clear pattern emerged: China became factory to the world, the U.S. became buyer to the world, and India began to become back office to the world.

But there are risks for both East and West as the strands of the global economy intertwine. As the world economy interconnects, the U.S., China and India become more vulnerable to local disruptions in each other's economies. A U.S. recession could force Chinese factories to shut down or lay off workers, most...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!