The Pace of Globalization. Global markets now produce and consume about 25% world output — about $8 trillion of the planet ’ s $ 30 trillion GDP
The Pace of Globalization
An Image/Link below is provided (as is) to download presentation
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Global markets now produce and consume about 25% world output—about $8 trillion of the planet’s $ 30 trillion GDP
Within 30 years, as that GDP expands to $91 trillion (assuming an real growth rate of 4%), global markets could multiply 12-fold, reaching about $73 trillion, more than 80% of world output
More economic integrationwill take place in the next 30 years than occurred in the previous 10,000 or more.
Ongoing formation of global markets in chemicals, credit cards, financial services, accounting, food, health care, mass media, forest products, information technology, automobiles, business processes, telecommunications, and on and on.