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Peter Dicken -
Economy
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A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.
Peter Dicken
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Geographically, the global economy is now multi-polar, as new centres of production have emerged in parts of what had been, historically, the periphery of the world economy. The world is now more accurately described as a 'mosaic of unevenness in a continual state of flux'.
Peter Dicken
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It remains to be seen, for example whether China can continue to develop as a market economy while still retaining an authoritarian communist political system.
Peter Dicken
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Peter Dicken
Born:
1938
(age 86)
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