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Europe is changing and reinventing itself. The enlargement of the European Union to 25 members in May 2004, and even more in the future, will not change so much the global weight of Europe in the world economy as its economic geography. The entry of the Central and Eastern European countries marks in particular the culmination of an intense process of economic integration which widens the production cost matrix within which European firms are operating, while ...
The Indian economy is a picture of contrasts: on one side, there is mass poverty and, on the other, the development of centres of excellence in the services industry. These two realities coexist of excellence in the services industry. These two realities coexist within the same economy, an economy of continental proportions now in a process of complete transformation. Measured in purchasing power parity, India clearly ranks fourth worldwide as ...