3 Nisan 2011 Pazar

Billions of Entrepreneurs

The changes and developments,especially in economic field,in China and India are really  reshaping not only their futures, but also the rest of the world's future due to very high & continous economic growth and the bigness of those countries from demographic aspect.When we look at the history, it can be seen that there has been always one dominnat country who keeps the world under her control.Once upon a time,she was The Ottoman Empire and then The Great Britain.After the Scond World War, we lived a period with two dominants i.e. The USA and The Soviet Union and with  the start globalization again one dominant, The USA and she is still in this position.
If the developments continue in this trend in the following years, the dominnat country will probably going to change and the new one will be likely China.But, the situation and condtions are completely different than they were in the past. Because, the world economy has come to a very improved level. Many big production plants already exist in mainly in North America,West European Countries and Japan meanwhile, the new ones have constructured and under construction mainly in China and in some other large & developing countries. There is no too much demand which is big enough for the products of the the developed countries and those produced by the countries having huge economic growth rates recently.Therefore,a big and  tough competition,in other words, war in economic field, which has already started, will most likely come to higher levels in the following years. Competition ,to some extent ,is good & necessary for innovation, companies' improvement, countries' welfare and for consumers satisfaction as well,but now, it is completely different and it brings many questions to minds which are difficult and unpredictable to respond.Another concern is the usage of natural resources in the world. A big part of those resources have been used  & consumed by a small portion of the world population and there was no a big problem ,but when the income level comes to higher figures in China and in some other large & rapidly growing countries,it is very difficult to imagine what will happen regarding usage of limited natural resources, principal balances in the world and the new shape of the world economy in the future.
The future is always unceratin,but this time it is more& more uncertain and it is pregnant to suprised,unexpected developments which will realize sooner or later.To my mind, it is impossible to predict the longness of time and in which direction the change of the things will finalize.                

1 yorum:

  1. I am totally agree with you sir.Even your predictions for the future was fantastic.China is growing with its own power and populations but in techonologic level they need to go more ahead to take over india.Economy is a changing matter affected by many things and it is not easy to predict future.Thanks

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