Synopsis:
Technological innovation, coupled with the combination of open markets, deregulation, and fiscal and monetary policies, has led the U.S. to experience the New Economy. This special report provides answers to several questions including: Will the rest of the world embrace the benefits of a technology-driven expansion?; Will the U.S.-style economic model spread to other countries so that the New Economy can become a global economy?; What might stop the New Economy from going global? This special report also covers the situations in Europe and Asia to explain why the high-tech, global New Economy can take many different forms in those regions.

Full-text Article: http://www.businessweek.com/2000/00_05/b3666001.htm

Text connection:
Chapter 1 "Globalization" (pp.4-13).