http://www.weforum.org 28.01.2009 Update 2009: The New Economic Era In the opinion of many pundits, the global economic collapse that began in 2008 rivals the Great Depression of the 1930s. In partnership with Time Magazine, members of the World Economic Forum's Global Agenda Councils and Time magazine's Board of Economists examine the new fundamentals of the global economy that will emerge in 2009. Justin Yifu Lin, Senior Vice-President and Chief Economist, World Bank, Washington DC Trevor Manuel, Minister of Finance of South Africa Stephen S. Roach, Chairman, Asia, Morgan Stanley, Hong Kong SAR Ferit F. Sahenk, Chairman, Dogus Group, Turkey; Young Global Leader Heizo Takenaka, Director, Global Security Research Institute, Keio University, Japan; Member of the Foundation Board of the World Economic Forum; Co-Chair, Global Agenda Council on the Future of Japan Moderated by Michael J. Elliott, Editor, Time International, Time Magazine, USA