v160globaldimensions

v160globaldimensions - 2-20 Global DimensionsNew Rules: The...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2-20 Global DimensionsNew Rules: The American Economy in the Next Century pgs.244-252Lester C. Thurow-Teaches at MIT, used to be the deanMIT- 2nd hardest school to get into (Cal Tech, 1st)We live in a knowledge base economyEra of man-made, brain power industries, for this revolution has replaced natural resources with human skills as mankinds most productive assets ex; Bill GatesLiberal View on Knowledge Base EconomyDeal with itBorders are disappearing like Onmae,Globalization blurs national economic boundariesTechnology and globalization are rapidly changing the way business operations, limiting the ability of governments to restrict- or even control- economic activityMost Big American corporations are being produced and the sales are done overseasCompanies no longer wedding to one economy because they are finding cities governments that rules governing intellectual property rights are most favorable to their interests????Ben Bernankey and other counterparts are going to be getting together for world market.Euro-BluesFrom the introduction of the Euro in 1999, in the US was the most variable change since WWIIInvestors and financiers will have a viable alternative to the US dollarUS dollar has gone down significantly, when it went down EURO replaced it...
View Full Document

This document was uploaded on 10/27/2011 for the course SPEA-V 160 at Indiana.

Page1 / 6

v160globaldimensions - 2-20 Global DimensionsNew Rules: The...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online