increase in computer processing power for a few more years; but beyond that, future drivers of growth are unclear. What is clear, he said, is that the United States needs to do a better job of strategic planning as the economies of China and India will surpass ours in size.

Chinese and Indian participants—in particular Mu Rongping of the Chinese Academy and Rishikesha Krishnan of the Indian Institute of Management—noted that there will continue to be points of tension between their countries and the United States, particularly over trade and the U.S. current account deficit; but they expressed confidence in the flexibility of the U.S. economy and its ability to adapt and in the ability of all three countries to learn from each other how to sustain innovation and growth.

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