Today’s news media displays an intense fascination with the global economy—and for good reason. The degree of worldwide economic integration is unprecedente

Our intuition on how the world works could well be wrong. We are surprised when new competitors burst on the scene, or businesses protected by large and deep mo

This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several yea

Increased economic interdependencies and trade flows between states, innovations in information technology and computer networks, a global shift toward market e

This book reviews the forces driving economic and social change in today's world. It asesses the likelihood of a long boom materialising in the first decades of