Implications for asset allocation in a globalized, knowledge-based society

Anotace

Over the last few decades the markets for financial capital, labour and knowledge have opened up, provoking fierce competition within many industrial countries. The world we live in is slowly being recognized as The Era of Globalization. Just as the Depression, the Cold War Era, the Space Age, and the Roaring 20s are used to describe particular periods in history, globalization describes the political, economic, and cultural atmosphere of our day.