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... pressures, are still set by each nation's central bankers, based on their own national agendas. Budget deficits and government policy still determine how much capital is left over for private-sector investments in each nation. And the nationality of ownership of any particular business still largely determines where the bulk of the profits from its operations will ultimately flow and ... how they will be reinvested. Underlying the utopian notion of a supposedly borderless global village, I suspect, may be more than a trace of old-fashioned national chauvinism. For in today's information...
- Word Count: 1241
- Approx Pages: 5
- Grade Level: Undergraduate