Sentences with phrase «in old economy»

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.
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