about back to like bretton woods all the way up to the financial crisis that this was a financial lobel financial system built by the west to serve the interests of the west i'm saying that is what you hear in most of the world once we got to this crisis here a lot of people are saying we have to reshuffle the deck don't you think that's fair. well he has no i mean that consensus wasn't entirely. followed by everyone and the consensus was around open more open economies and more open system countries that followed particularly an export oriented strategy south korea taiwan much of southeast asia and particularly china and now india have profited very well i think what's going to but the degrees of state involvement varied greatly within that consensus was more or less in force more on the poorer countries who were heavily dependent on the i.m.f. and world bank resources but i think what's going to change now is that the opportunities the system worked well when the west and in particular the united states was an enormous consumer economy and export led growth paid off in very large term