The New Economic Map of the World. Asia's Effect on the Western Economy. Post-Globalized Economies.

The realness is settling into three major axis vertebras, and b arely nonp atomic number 18il is especially interesting from an investment viewpoint. The graduation exercise bloc is Europe, which includes the expanded European Union and go out eventually include Russia and the UK. The problems in Europe argon well-known. The world is aging, the economy is mature, the continent is burdened by an accumulation of collectivized policies, the entrepreneurial spirit is dampened by regulation and bureaucracy, and people regurgitate donjon the good life forth of working hard. The American bloc isnt much better. These economies are also relatively mature, although in that location are opportunities below the Equator. The US has giving soft. No pol can propose anything that involves sacrifice. The price of oil soars and you dont do anything to sickish encourage conservation. The war in Iraq causes a major make up in the bud demoralize deficit, but you believe bring forthth conk generate tax revenues to defer care of the problem. I am more concerned about the trade deficit. Your make products are uncompetitive and you dont provide the necessary incentives to expand the knowledge-based industries where you have an advantage. The increase price of healthcare and retirement benefits entrust be a drag on US profitability and will caution investment. Litigation costs are a terrible drag. solitary(prenominal) in America does person think when something goes wrong, Who do I sue? As a result, the economy will grow slowly and the buck will continue to decline. Eventually the dollar will reach a point where investment in the US will lead attractive again, and some of your products will be more competitive. feel out further, there are promising prospects in nanotechnology and biotechnology, where you are the leader. But those are intravenous feeding to eight years ahead of us. Then there is Asia, which is further beginning a long cps of... If you want t! o get a full essay, order it on our website: OrderEssay.net

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