Global Themes

On Globalization & Venture Capital

“Europe is falling behind”

On the heels of my earlier post, I came across this article by Tony Blair on MSNBC/Newsweek: “Europe is falling behind“.

Some excerpts:

Complaining about globalization is as pointless as trying to turn back the tide. There are, I notice, no such debates in China. They are not worrying about potential threats but are busy seizing the opportunities in ways that are transforming their society and ours as well. So, too, are the other emerging economies in Asia and South America. I am proud that the United Kingdom’s economy has grown twice as fast as Germany’s and four times as fast as Japan’s since 1997. I am, however, painfully aware that China has been growing three times as fast as the U. K.

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September 4th, 2006 Posted by Shantanu | Globalization | no comments