11/23/1999
As we stand on the brink of the new millennium, and in the middle of a transition to a knowledge-based economy, breakthrough technologies are fundamentally changing the way wealth is created. New industries are growing explosively; existing industries are being transformed beyond recognition; and a new global economy is emerging to replace existing national economies. MIT economist Thurow addresses recent crises and future concerns in light of these trends, presenting a road map for how individuals, companies, and nations can and must build wealth in the new economy. In the final chapters, he looks at the three major economic sectors of the world — America, East Asia, and Europe — and predicts likely outcomes of the new form of competition that is presently shaping global society.