asterisk2a + knowledge + change + bric + globalisation   4

Live chart: Age and population - YouTube
flat  world  globalization  globalisation  Competition  food  security  food  poverty  food  prices  disposable  income  population  Mobile  Creative  Mobile  Creatives  knowledge  worker  knowledge  economy  skill-biased  technological  change  Future  of  Work  western  world  competitiveness  competitive  advantage  quality  of  life  middle  class  comparative  advantage  property  rights  democracy  Democratic  Process  Frontier  Markets  BRIC  emerging  market  emergingmarkets  frontiermarkets  technological  progress  first  mobilephone  cellphone  phone  feature  phone  China  Africa  South  Africa  East  Arab  transparency  accountability  Religion  oversight  free  trade  free  market  Career  Politicians  freedom  of  press  free  speech  crony  capitalism  corporatism  exploitation  Wall  Street  sustainability  sustainable  bribery  corruption  presidency  barackobama  USA  foreign  policy  foreign  affairs  diplomacy  Europe  capitalism 
august 2014 by asterisk2a
dctp.tv | Das webTV der dctp
Kohl made the decision for the catastrophic exchange rate and the uncreative implementation of East Germany's bankrupt and uncompetitive economy - politically (elections) and from lobby of West German Industries. ... Plus there were plans by others (Mitterand) to not integrate GDR into DDR, but into Europe and transform in into that process. But the fall of the iron curtain would have been still uncertain. .... Post-Reunification 1990 - investments were politically motivated. West Germany didn't needed, economically, East Germany. Fall of Iron Curtain - globalisation really took hold, became unstoppable; India, China, Russia, Latin America opened up its markets and joined the established western (capitalistic markets) wholly. !!! Every German company and every German employee stands to compete with the whole world. Period. And vice versa. >> Thus subsidies and favouritism and golden handshakes etc etc. The world is flat. Period. Differences are not that stark in G20 anymore.
East  Germany  GDR  Roland  Berger  economic  history  history  Iron  Curtain  policy  error  policy  folly  helmutkohl  Helmut  Kohl  German  reunification  Deutsche  Wiedervereinigung  Makers  productivity  globalisation  globalization  capitalism  competitive  advantage  competitiveness  comparative  advantage  comparative-advantage  subsidies  subsidizing  industrial  policy  SME  SMB  Germany  Wohlstand  Career  Politicians  China  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  capital  skills  skills  skill  technological  progress  Future  Europe  UK  USA  BRIC  MINT 
may 2014 by asterisk2a
BBC News - When will the UK pay its way in the world?
In absolute terms it has been impossible for UK debts to fall. >> Now what was a little worrying was that the deficit on the current account reached 5.6% of GDP, or economic output, in the third quarter of 2013 and fell to just a little bit lower, 5.4%, in the fourth quarter. That 5.6% was - ahem - something of a milestone: it was the biggest quarterly deficit since records began in 1955. And it explains why the record aggregate indebtedness of the UK has been falling so slowly, and is still not much below 500% of GDP on the Mckinsey measure (though see my previous blog). [...] UK's - limp trading performance - for YEARS! ... COMPETING against BRICs, Europe, G8, ... now and in the future competing with MINT countries too ( http://en.wikipedia.org/wiki/MINT_countries ). [...] "We have not got forever to reconstruct our economy and become a bit more like the European export emperor, Germany."
UK  Debt  Super  Cycle  zombie  corporations  zombie  banks  zombie  consumer  sovereign  crisis  private  consumer  bubble  jubilee  monetization  household  public  debtoverhang  monetisation  restructuring  austerity  current  account  deficit  economic  history  2014  fiscal  policy  monetary  policy  Mark  Carney  davidcameron  GeorgeOsborne  public  policy  financial  repression  New  Normal  QE  ZIRP  NIRP  hunt  for  yield  deflationary  productivity  output  gap  competitiveness  knowledge  worker  skill-biased  technological  change  skill  capital  skills  London  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  value  creation  Industrial  globalisation  globalization  competitive  advantage  comparative  advantage  21stcentury  BRIC  MINT  Europe  free  trade  Germany  exports  export 
may 2014 by asterisk2a
oftwominds-Charles Hugh Smith: The Changing Nature of Middle Class Work
The economy is changing in structural ways that affect not just the job market but the nature of work itself. If we ask, what is work?, the conventional answer is tasks that somebody will pay us to do. This is true, but it doesn't address why someone is willing to pay us. The answer is to create value. ... [ Skills, not Expertise. ] ...... As technology's ability to replace costly human labor moves from the factory floor to the service sector, the nature of middle class work is changing. [ IBM's company wide Pivot over +10 years from HW to Services and Software Company. With the accompanying downsizing. ] ... Jobs that can be learned in a few hours are prone to being replaced by machines. [...] The protected sectors beset by soaring costs (healthcare, higher education, major weaponry programs, finance, etc.) will undergo the creative destruction of technology-based productivity gains for the reason that they are already unaffordable, not just to households but to the nation.
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may 2014 by asterisk2a

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