Bill Emmott, former editor of the Economist, spoke on the Asian Economies Post-Crisis Panel at the Salzburg Global Session "Emerging Asian Powers: Rivalry and Global Responsibility."
He introduced a concept of the "LUV-shaped" recovery: An "L-shape" in Europe and Japan; a "U-shape" in the United States; and a "V" in China and India and talked about recovery prospects in India and Japan. Price trends in emerging economies and the developed world may be headed in opposite directions -- with inflation remaining a longer-run concern in emerging economies and deflation bring the biggest threat in developed economies.
Bill Emmott was the editor of The Economist from 1993 untilÂ March 31st 2006, when he stood down to become an independent writer, speaker and consultant.
He is a member of the executive committee of the Trilateral Commission,Â a director of Development Consultants International, a member of the Swiss Re Chairman's Advisory Panel, an adviser to JR Central, a member of the President's Council of the University of Tokyo, a director of the UK-Japan 21st Century Group, and co-chairman (with the Hon Roy MacLaren) of the Canada-Europe Roundtable for Business.
He was a director of The Economist Group from 1993 until 2006. He is a trustee of the Marjorie Deane Financial Journalism Foundation.
He has honorary degrees from Warwick and City Universities, and is an honorary fellow of Magdalen College, Oxford. As well as his regular contributions to the The Guardian, the Washington Post, BusinessWorld and other newspapers and magazines in Britain and America, Bill Emmott writes regular columns on international affairs for leading daily newspapers and magazines in Italy, Brazil and Japan.
He has numerous books including six on Japan. His latest book, Rivals: How the Power Struggle between China, India and Japan will Shape our Next Decade, was published in 2008.