In the old economy, tangible assets such as steel and oil possess great value even though they are clumsy and costly to generate, store, transport, and use.
The question is if Middle America can learn this new game and build a new prosperity
in old economy strongholds.
Not exact matches
He led a neo-Maoist faction
in the party that favours
old - style patriotism and central control of the
economy.
When an acquaintance told me about how she flew 12 hours from Cape Town to Amsterdam without a partner, family, or friends,
in economy, with three bouncing sons under 5 years
old, I could only think: How do you do that?
South Korean cities
in the province have fared better than their neighbors north of the DMZ, but they have struggled to diversify their
economy beyond
old coal mines, farming and fisheries.
Lured by the prospect of a steal, would - be entrepreneurs have been joined
in the bidding by companies interested
in expanding through strategic acquisitions and private equity groups like SeaFort seeking solid «
old economy» assets.
The 32 - year -
old crown prince has made waves
in Saudi Arabia for the economic and cultural reforms he has promoted since being named heir to the throne, the most notable reforms ranging from the much - vaunted «Vision 2030» to diversify the
economy away from oil, to lifting a ban on cinemas and women driving
in Saudi Arabia.
«We're living
in what I like to call the «Thank You
Economy,» because only the companies that can figure out how to mind their manners
in a very
old - fashioned way — and do it authentically — are going to have a prayer of competing,» says social media expert and author of the book The Thank You
Economy Gary Vaynerchuk
in a recent Entrepreneur.com column.
Meanwhile, Richard Herman, a Cleveland immigration lawyer and the author of Immigrant, Inc.: Why Immigrant Entrepreneurs Are Driving the New
Economy, claims nearly all of the net job creation
in the past 20 years has come from companies less than five years
old.
New Leaf Paper, which must cope with huge
economies - of - scale issues
in order to compete with the paper manufacturers that use virgin fiber, has formed alliances with various large stable companies like
Old Navy Clothing, Nike, and Hewlett - Packard to ensure that its orders are of decent volume.
There's no new theme to it, just more riffs on the
old one of a self - reinforcing spiral of slower growth
in China crushing the
economies of its raw material suppliers, while an appreciating dollar makes it ever harder for emerging market companies and governments to repay the debts they gleefully took on when the Federal Reserve was giving away dollars for free.
In a random sampling of public opinion taken by the Forum Poll ™ among 1155 Canadians 18 years of age and
older who had heard of Blackberry Ltd, fully three quarters agree the survival of Blackberry is important to the Canadian
economy (75 %) and as many as one half agree strongly (50 %).
«I've heard stories of companies hedging their bets with some of the eurozone
economies,» Langrish says, explaining that some have set up accounts to pay their employees
in euros should their home country exit the eurozone and reintroduce its
old currency.
The days of living
in the transactional
old school sales
economy with only the right hook and message are gone.
The
economy in eastern Europe was slowly liberalizing, and Kholodenko figured he could find success as an entrepreneur thanks to his business education and language skills (his family emigrated from Ukraine when he was five years
old).
The
old notion of China as a tech copycat nation is being rapidly replaced by the emerging new reality of home grown innovation and mass implementation
in fields that include artificial intelligence, social media, biotech, fintech, VR, automotive, the sharing
economy, and mobile platforms.
In 2013, small - business owners will once again face a weak
economy that will have them longing for the good
old days of 2006.
The home of Amazon and Costco, Boeing and Expedia, as well as rising stars like Adaptive Biotechnologies, online marketplace OfferUp and space company Blue Origin, Washington has the
old and new
economies covered — as well as pretty much everything
in between.
Do the numbers back up Farrell's claim that
older Americans are embracing
in the gig
economy?
In the long run this trend will actually push toward the re-localization and re-humanization of the
economy, with the 19th - and 20th - century
economies of scale exploited where they make sense (cheap, identical, disposable goods), and human - oriented techniques (both
older and newer) increasingly accounting for goods and services that are valuable, customized, or long - lasting.»
In late 2008, after Hurricane Ike hit the Texas coast, Tysh Mefferd's 10 - year -
old wedding paper business drastically slowed as the region's
economy sputtered.
The first one is simple: real GDP, just the good
old value of the goods and services that comprise the U.S.
economy, currently around $ 17 trillion
in today's dollars.
But the sudden spike
in trade tensions with the United States is clouding the outlook for both China's «
old economy» heavy industries and «new
economy» tech firms alike.
Lloyd's of London, the world's
oldest insurance exchange, will stop investing
in coal «to help the world transition to a low - carbon
economy,» CEO Inga...
These include financials, which should benefit from a steepening yield curve, but also segments of the consumer space and «
old economy» companies
in sectors such as industrials and energy.
We urgently need to increase housing supply and introduce new kinds of housing options if we hope to attract 25 - to 35 - year -
olds to our region — a key demographic that will drive our
economy in the near future.»
A procession of foreign business luminaries visited Australia last year (curiously, those who came extolling the virtues of the virtual
economy still found
old - fashioned enjoyment
in watching the Olympics
in the flesh) to promote their companies, advising us to ignore our comparative advantage by following their example.
Another reason to watch the manufacturing numbers, particularly
in the United States, is that the high yield market has a heavy weighting toward «
old economy» companies.
I have never been even remotely an expert either on iron and steel production or on the Australian
economy, but recent action
in the iron ore markets and a vibrant debate within Australia has,
in the past three weeks, set me up for several planned and unplanned meetings with Australians — some
old friends, some fund managers and bankers, some government officials — who remembered some of the comments I made a few years ago about Australia and iron ore and who wanted to discuss future prospects.
Setting monetary policy
in the new
economy is no easy task, because the
old relationship between growth and inflation seems to have broken down.
New -
economy fanatics argue that
in this new world of rapid technological change,
old methods of share valuation have become irrelevant.
Older people tend to have a lower demand for durable goods and a higher need for services
in the labor - intensive, low - productivity segments of the
economy like health care.
He needs to re-frame a market
economy that has all the potential for dynamic change and explosive growth but is mired
in old - style economics and crony capitalism.
Beyond all this, the survey's central finding was the way that millennial wealth behaves differently to that of
older generations and
in particular the rise and rise of the experience
economy, «where consumers increasingly prefer to live large rather than to own more.
Also, many truck enthusiasts will be satisfied simply
in receiving the large fuel -
economy benefits by replacing their
older, less fuel - efficient vehicles
This will not only lower demand
in the
economy, but will also likely result
in higher taxes to pay for higher spending on the income - tested Guaranteed Income Supplement to
Old Age Security, which is already paid to more than one
in three seniors.
And while emerging markets as a whole have not quite regained their
old swagger,
economies such as India are
in a turnaround.
Investing
in pieces of companies through the stock market as well as wholly owned subsidiaries using value investment methods; Buying
old economy industries; Purchasing with the intention to keep not trade; Focusing on durable competitive advantages; Centralizing capital and reallocating to highest and best use; Being paid (with float) to hold capital to invest
Some other challenges and threats that you are likely going to face is economic downturn; if the
economy is
in bad shape, history has it that office cleaning services businesses and any other businesses that offer cleaning services usually struggle to maintain their
old customers or even welcome new customers.
Certainly, areas of the
old industrial - based
economy are
in recession, but counterbalancing support is coming from domestic consumption.
As the
economy reaches constraints, prices begin to rise and the Federal Reserve has to raise interest rates and, as I like to say: Every economic expansion does not die of
old age; it dies because the Federal Reserve shoots it
in the head,» said Minerd.
It is one of the
oldest states
in the country and has seen an uptick
in its
economy recently.
Indeed, a company opting to invest $ 15 million
in a foreign
economy is rarely seen, especially when that company is not yet one year
old.
UBC's David Boyd takes on dinosaur -
in - chief Terence Corcoran on the nexus between environment and
economy, and Canada's lagging rankings:
Old ideas produce heat, not light... The myth that nations must choose between economic prosperity and a healthy environment has been conclusively debunked.Countries including Sweden, Germany, Denmark and the Netherlands are similar to Canada with -LSB-...]
They have fiercely maintained their
old ways and refused to immerse themselves
in American culture — «to assimilate was to accept that the exile was over, and, on a political level, that Fidel Castro had won,» writes Rieff — but they also fully integrated themselves into the South Florida
economy.
Contributing nearly # 9bn to the UK
economy and with over 80,000 women providing services to the industry, the world's
oldest profession (though midwives may disagree) is still thriving
in many of the UK's towns and cities.
In the U.S. and Western Europe, there will presumably be either a return to certain Hellenic or
older European concepts of the good life, or an intensified alienation and search made necessary and facilitated by the unprecedented affluence and permissiveness of the postindustrial
economy.
Old - fashioned laissez - faire
in its pure form has fewer proponents today, but it is still conventional, among experts as well as
in common discourse, to speak of «the
economy» as an entity as though it were quite separate from government and society.
What value are
old people
in a retirement home to the
economy?
The
Old Testament story which we have surveyed thus far is compressed
in the credo, with the sharp, tight eloquence of
economy, to a half - page recital of Yahweh's creation of Israel.