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Globalizations’ Win-Win Game May 6, 2007

Posted by tkcollier in Business, Economy & Business, Geopolitics.
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Enterprise Resilience Management Blog: Globalizations’ Win-Win Game
Many people still perceive globalization as a contest in which there must be winners and losers. If China rises, for example, they assume that someone else (e.g., the U.S.) must fall.

It’s ironic that Americans need to save more and the Chinese need to spend more in order to foster global economic growth. Both countries, however, need to better invest in their people. Investment in human capital is always a good idea. The more educated a work force becomes, the less likely it is to be exploited. The healthier a work force, the more productive it becomes. The more productive it becomes, the wealthier it becomes. The wealthier it becomes, the more concerned it becomes with the environment. It is a righteous cycle from which everyone eventually benefits.

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