Wilson was a visionary who liked to identify himself with "forward-looking man"; Harding ... was as old-fashioned as those wooden Indians which used to stand in front of cigar stores.... Wilson thought in terms of the whole world; Harding was for America first. And, finally, whereas Wilson wanted America to exert itself nobly, Harding wanted to give it a rest.
Another subpar growth in the year 2014 due to slow recovery, policy uncertainty and protectionism in developed countries. Asia-Pac developing economies face the prospect of a ‘new normal’ of lower growth in the coming years, underlining the need for forward-looking macroeconomic policies and intraregional cooperation. --Anisuzzaman Chowdhury, ESCAP director of Macroeconomic Policy and Development division when summarizing a report on Asia's Economy.
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