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Goodness Ugwumba Opara

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What is the future of the global economy?

With the rise of new economic powers such as China, India and Brazil (and virtually every other country in one small way or another), is the global economy headed, even faintly, in the direction of equality for all nations?

As growing internet access spreads information, enlightenment, global exchange and commerce across the planet, the gross effect appears to be a leveling of standards, innovation potential and competitiveness. People increasingly have access to the same learning resources, technology and information. So people in one part of the world are setting up businesses to rival others across oceans and deserts, effectively leading to a more balanced world in which New York is not so different from Mumbai, for example. Is this the true direction of the global economy, even for third world nations, or is there some other trend that's harder to see?


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  • Aug 2 2013: ...third world nations???

    ...this composite word or a phrase in itself is contradictory...when I see material things western are developed and when for peace, meditation and relations eastern are...than who is third world nation...

    ...for material advancement economy has revolved around few nations in past for industrial revolution, now when it's human, others are taking a lead...and so as same for manufacturing, consumption and other things...

    ...one thing is assure than economy is stable and growing...nobody has taken the finances to mars...the faces behind the hands are changing...may be they are becoming fewer now...but they are not still fewer than the times kings and kingdoms...

    ...only one challenge to be looked into is the natural abundance and its judicial consumption and care...the balance...

    With regards

    Manish Kumar Aggarwal
    The Mindfood Chef

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