New world economy order

As we speak changes in world economy are bigger then ever. USA has been on top of world economy for 100 years but it begin to change. China with over 1,5 billion people is becoming the greatest economy country in the world. Japan also, smaller twice than USA but Japanese people have different mentality and will for work and achievements. We will see in 5 years big changes.

Central bank

Central bank is the most powerful bank in the world.It has power of all money in the world and dictating prices in whole world of economy.Central bank of the world gives money to all other banks and they return money with small interest rate(aproximetlly 2%).Some countries also borrow money from central bank,because it is global and has more capital then one state.When it come to collapse like in 1929. central bank and politics of country are main sources of ending the collapse.State is giving public jobs and banks are releasing the money to people.

World Economy

The world Economy
The world- or global economy generally refers to the economy, which is based on economies of all of the world's countries, national economies. Also global economy can be seen as the economy of global society and national economies - as economies of local societies, making the global one. It can be evaluated in various kind of ways. For instance, depending on the model used, the valuation that is arrived at can be represented in a certain currency, such as 2006 US dollars.