An ongoing shift in global economic activity from developed to developing economies, accompanied by growth in the number of consumers in emerging markets, are the global developments that executives around the world view as the most important for business and the most positive for their own companies’ profits over the next five years. Executives also identify two other critical positive aspects of globalization: technologies that enable a free flow of information worldwide and, increasingly, global labor markets.From "Five forces reshaping the global economy: McKinsey Global Survey results" in the May 2010 McKinsey Quarterly.
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Friday, May 7, 2010
Five Forces Reshaping The Global Economy: McKinsey & Co Survey
Posted By Milton Recht
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