Powerful trends are converging to rapidly shift we

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Three Billion New Capitalists: The Great Shift of Wealth and Power to the East

Our Price: $16.00

By Clyde Prestowitz (au)
Year: 2005
Pages: 320
Binding Paperback
ISBN 9.78E+12

Product Code: 1437973132

Description

Powerful trends are converging to rapidly shift wealth and power to Asia -- and geopolitical clout will follow economic strength. These trends include America’s unsustainable trade deficits, the end of America’s position as the world’s premier place for invention and technological innovation, the role of the Internet in permitting many formerly localized jobs to be done anywhere in the world, and the enormous growth of the Chinese and Indian economies. How we will deal with a world in which the dollar is no longer the dominant currency, the U.S. is no longer the dominant power, and people in Slovenia, Singapore and Seattle are all competing for the same work on the same terms? “A clear-eyed and unsettling look at America’s and the world’s econ. future.”

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