In the New World Disorder, Loads of Rivals for America

Countries and companies are facing an economic environment that is not only borderless but also ruleless

PETER AND MARIA HOEY FOR TIME

Imagine 100 companies from Former Third World countries with a combined revenue in the trillions of dollars--greater than the total economic output of many countries--competing with U.S. companies for space on the world stage. Imagine several hundred such companies. Now imagine thousands.

You are looking at the future, when U.S. companies will be competing not only with European, Japanese, South Korean and Chinese companies but also with highly competitive companies from every corner of the world: Argentina, Brazil, Chile, Egypt, Hungary, India, Indonesia, Malaysia, Mexico, Poland, Russia, Thailand, Turkey, Vietnam and places you'd never expect. And you can anticipate that future...

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