Any look back at 2012 would necessarily focus on three parts of the world: the eurozone, with its seemingly endless financial uncertainties; the Middle East, with its many upheavals, including, but hardly limited to, the Muslim Brotherhood’s accession to power in Egypt and Syria’s savage civil war, which has already claimed more than 60,000 lives; and the Asia-Pacific region, with its rising nationalism and political tensions after decades of being defined almost exclusively by extraordinary economic growth amid considerable political calm.

Read Here – Project Syndicate