The Payoff From The New Economic Order

Aspecter is haunting the industrialized world--the specter of sluggish growth. Communism has been vanquished in much of the globe, the victim of its own failure to deliver a decent living to citizens under its rule. Yet capitalism in the industrialized nations is limping along. Unemployment is rising in Europe and Japan and remains high in the U.S. Policymakers are paralyzed by budget deficits and distracted by unwarranted inflation concerns. Business executives are stumped by economic conditions and plagued by a lack of strategic vision. Consumers are holding back, worried about their jobs and the future. Across the industrialized world, people are coping in tough times--but not thriving.

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