The global changes that are occurring around us today create the need to zero-in on a number of issues that influence the course for success or failure if we do not take them in to consideration in our strategic and operational culture. Continue reading
Without another great shock the world economy will continue on the road of slow recovery, with the growth in GDP for 2010 be placed in 4% or less in the US.
A key for 2010 is not to continue with the bailouts adopted in 2009. The maintenance of the economic recovery will be enhanced by the government’s return again to the private market sector for sustainable growth.
The world economy in 2010 will make a deflationary recovery. Markets, with the help of the right monetary policies and budgetary restrains, will move upward. The key, however, in all this and in particular for the fate of the financial sector will be the American market resilience.
The international economy of the future will depend more and more on the development and application of new technologies and on our educational system.
How well we convert new scientific knowledge into practical benefits will have much to say about the growth of nations, the rise of living standards, and the well-being of the global population that is estimated to double within the next fifty years.
Yet it seems that our policy-makers and our educational institutions and the constituents they service are allergic to the accelerating rate of progress.
Our political, and to some degree unfortunately, our educational systems are not yet equipped to anticipate and assimilate change. Continue reading