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The future will happen elsewhere

We are not prepared for the rise of developing nations

By Jay Elwes  

In his lecture at the LSE, former World Bank President James Wolfensohn raised doubts © Asia Society

Last night at the London School of Economics, James Wolfensohn, the former president of the World Bank addressed a lecture theatre of students, professors and journalists. Wolfensohn, a natural wag, dotted his speech with several noteworthy anecdotes, not least the story of his first trip to Nigeria which ended with his being arrested as a spy.

However, his message was anything other…

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