The global reality (TT Jun07 p40-41)
The Treasurer June 2007
Globalisation seems an inevitable fact of life for national governments, large companies and even smaller businesses. Over the last 14 years the global economy has doubled in size. It has been predicted that China’s economy will have eclipsed Japan’s by 2012 and will possibly overtake that of the US as well. How should countries and companies react to these economic forces?
