Wednesday, August 26, 2009

living in the era of services and intellectual products

Can the US, the UK, Germany, France and other OECD economies survive and prosper mainly via services and intellectual products?

Can they?

What kind of re-engineering do they need to be able to do that?

Eg Financial Services: Were/are London and NYC over relying on financial services for economic activity and for jobs? What are the employment and other economic effects these days?

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