While most of us in the so-called developed countries rest on our laurels, regions such as India, China, Taiwan, Singapore, Ireland, and Israel, among others, are surprising us with unexpected rapid economic growth. They’ve learned to leverage the power of communications in the information age, rapid learning often supported by a joint public/private partnership within the countries, and strong business relationships with the rest of the world.
Our current episode explains a bit about how all this has come to pass, along with some interesting predictions of what other countries may be emerging soon that will join this list as some of the fastest-growing and technology-savvy in the world.
What do you think are some of the more significant implications of all this as we move further into the 21st century? Is the United States, in particular, apt to see itself “under attack” as others master some of the very skills it has used to become a great economic power? Will the U.S.’s heavy borrowing from countries such as China tilt the balance of (economic) power even further, on top of the implications of what our guest this week has talked about?
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