As the West Makes Room for The Brics What Are The Implications for Emerging Business Models?

Asia's economic power is increasing at a rapid rate, and the region<br />will take on heightened prominence such that it will soon rival the US as the main source of direction for global markets, Reserve Bank of Australia governor Glenn Stevens said today. “It is not just the centre of gr...

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Main Author: David Walters
Format: Article
Language:English
Published: Technical University of Kosice 2011-10-01
Series:Kvalita Inovácia Prosperita
Subjects:
Online Access:http://www.qip-journal.eu/index.php/QIP/article/view/41
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author David Walters
author_facet David Walters
author_sort David Walters
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description Asia's economic power is increasing at a rapid rate, and the region<br />will take on heightened prominence such that it will soon rival the US as the main source of direction for global markets, Reserve Bank of Australia governor Glenn Stevens said today. “It is not just the centre of gravity of economic activity that is shifting to Asia, the weight of financial assets is also shifting too … With the Chinese government seeking annual economic growth of seven per cent, China's weight in the global economy will exceed that of the euro area in five years and approach that of the US within a decade.” A speech in New York to the American Australian Association. Glynn (2011)<br /><br />
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spelling doaj.art-7e00095579ee4893bd8d4d7a26c970ea2022-12-21T19:08:25ZengTechnical University of KosiceKvalita Inovácia Prosperita1335-17451338-984X2011-10-01151578410.12776/qip.v15i1.4144As the West Makes Room for The Brics What Are The Implications for Emerging Business Models?David Walters0Institute of Transport and Logistics Studies, The University of Sydney, New South Wales, AustraliaAsia's economic power is increasing at a rapid rate, and the region<br />will take on heightened prominence such that it will soon rival the US as the main source of direction for global markets, Reserve Bank of Australia governor Glenn Stevens said today. “It is not just the centre of gravity of economic activity that is shifting to Asia, the weight of financial assets is also shifting too … With the Chinese government seeking annual economic growth of seven per cent, China's weight in the global economy will exceed that of the euro area in five years and approach that of the US within a decade.” A speech in New York to the American Australian Association. Glynn (2011)<br /><br />http://www.qip-journal.eu/index.php/QIP/article/view/41business modelsglobalisationregionalisationcollaborationvalue addedproductivityprofitability
spellingShingle David Walters
As the West Makes Room for The Brics What Are The Implications for Emerging Business Models?
Kvalita Inovácia Prosperita
business models
globalisation
regionalisation
collaboration
value added
productivity
profitability
title As the West Makes Room for The Brics What Are The Implications for Emerging Business Models?
title_full As the West Makes Room for The Brics What Are The Implications for Emerging Business Models?
title_fullStr As the West Makes Room for The Brics What Are The Implications for Emerging Business Models?
title_full_unstemmed As the West Makes Room for The Brics What Are The Implications for Emerging Business Models?
title_short As the West Makes Room for The Brics What Are The Implications for Emerging Business Models?
title_sort as the west makes room for the brics what are the implications for emerging business models
topic business models
globalisation
regionalisation
collaboration
value added
productivity
profitability
url http://www.qip-journal.eu/index.php/QIP/article/view/41
work_keys_str_mv AT davidwalters asthewestmakesroomforthebricswhataretheimplicationsforemergingbusinessmodels