This link has been bookmarked by 2 people . It was first bookmarked on 16 Oct 2009, by Yule Heibel.
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China is not our real competitor. Rather, we should be thinking about the great mega-regions around Shanghai, Beijing and the Hong Kong-Shenzhen corridor, which account for roughly 43% of the output of the entire country.
The problem is that much of our public policy not only ignores the rise of the mega-regions, it actually works against them. If we want to bolster economic competitiveness and ensure long-run prosperity, we must pursue policies that take mega-regions into account.
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Yule HeibelQUOTE
"While there are 191 nations in the world, just 40 significant mega-regions power the global economy. Home to more than one-fifth of the world's population, these 40 megas account for two-thirds of global economic output and more than 85% of all global innovation."
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Interesting idea: that mega-regions are actually more significant as drivers than nation-states when discussing economic competitiveness.
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