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News Release from: Cavendish
Edited by the Printingtalk Editorial
Team on 26 April 2006
Global Economy's Challenges To Printing
Explored
Colin Thompson will present his international paper on understanding global business - 'a way to stay ahead of competition' at the Kuala Lumpur Convention Centre (Malaysia) on April 28.
Colin Thompson will present his international paper on understanding global business - 'a way to stay ahead of competition' at the Kuala Lumpur Convention Centre (Malaysia) on April 28 According to Thompson, a fundamental shift is occurring in the world economy
This article was originally published on Printingtalk on 27 Apr 2004 at 8.00am (UK)
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He said: "We are moving progressively further away from a world in which national economies were relatively isolated from each other by barriers to cross-border trade and investment, distance, time zones, language and national differences in government regulation, culture and business systems.
We are moving towards a world in which national economies are merging in to an inter-dependent global economic system." Commonly referred to as globalisation, the trend towards a more integrated global economic system has been in place for many years.
However, the rate at which this shift is occurring has been accelerating recently and it looks set to continue to do so during the early years of this millennium, believes Thompson.
Thompson, who is managing partner of Cavendish, is professor of international business management at the European Business School in Cambridge (UK).
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