Panelists talked about emerging economies such as China and India in comparison to the U.S. New York University professor and author of White Man’s Burden William Easterly debated economist Dambisa Moyo, author of New York Times bestseller Winner Take All. Professor Easterly argued China is on a decline and that countries cannot have continued growth without a democratic system. Ms. Moyo disagreed with him, saying 2013 is about emerging economies, since they have no debt holding them back and many produce their own goods. The Economist's Zanny Minton Beddoes moderated. This was part of The Economist's “World in 2013 Festival,” held at the NYU Skirball Center for the Performing Arts.