As the year turns, what's in store for the global economy?
Europe's on the threshold of recession.
Its decade-old single currency seems to be on the brink of collapse.
The US is struggling with a jobless recovery as the presidential election year begins.
Meanwhile, emerging economies like China, its Asian neighbours and most of Latin America - especially Brazil, which is now the sixth biggest economy in the world, leaving previous incumbent Britain in its rear-view mirror - are booming.
To find out more I turned to the Peterson Institute for International Economics on "Think Tank" row in Washington, DC.
It's the only major think-tank in the US devoted to international economics and its leading thinker, Dr C Fred Bergsten, has been running the institute since it was created in 1981.
He says that in 2012, high income and relat
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