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By AnonymPeter Dicken
A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.
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By AnonymPeter Dicken
Geographically, the global economy is now multi-polar , as new centres of production have emerged in parts of what had been, historically, the periphery of the world economy. The world is now more accurately described as a 'mosaic of unevenness in a continual state of flux'.
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By AnonymPeter Dicken
In fact, technology in, and of, itself does not cause particular kinds of change. It is, essentially, an enabling or facilitating agent. It makes possible new structures, new organizational and geographical arrangements of economic activities, new products and new processes, while not making particular, outcomes inevitable.
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By AnonymPeter Dicken
Innovation - the heart of technological change - is fundamentally a learning process.
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By AnonymPeter Dicken
In the United Kingdom, for example, the sheer overwhelming dominance of London makes it extremely for provincial cities to develop more than a very restricted financial function. London, in that sense, is akin to the notorious upas tree, a fabulous Javanese tree so poisonous that it destroys all life for many miles around itself.
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By AnonymPeter Dicken
It is indeed paradoxical that an industry which epitomizes all that is new and up-to-date at the same time harbours some of the oldest and least desirable attributes of work in manufacturing industry.
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By AnonymPeter Dicken
It remains to be seen, for example whether China can continue to develop as a market economy while still retaining an authoritarian communist political system.
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By AnonymPeter Dicken
More broadly, strategic alliances are more difficult to manage and coordinate than single ventures; the potential for misunderstanding and disagreement, particularly between partners from different cultures, is great. Certainly many such alliances are short lived.
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By AnonymPeter Dicken
One of the most striking developments has been the rise, fall and rise again of the semiconductor industry of the United States, which is, once again, the dominant player in the most advanced semiconductor product-markets.
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By AnonymPeter Dicken
Reality is far more complex and messy than many of the grander themes and explanations would have us believe.
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By AnonymPeter Dicken
the internationalization of economic activity and its major vehicle, the TNC, can be regarded simply as being part of the normal expansive process of capitalist development.
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By AnonymPeter Dicken
The primary driver of final consumer demand is, of course, the level of disposable income.
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By AnonymPeter Dicken
Without the parallel development of systems of monetary - and credit-based exchange - there could have been no development of economies beyond the most primitive organizational forms and the most geographically restricted sales.
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