Replay Videos

Replay: Capitalizing on global and regional integration

Tuesday, July 28

Tim Ringgold

The world is growing smaller, as powerful forces, political and economic, speed the globalization of markets. On the economic side, technology is the driver: The relative cost of ocean, air, and road transportation continues to fall, removing an obstacle to cross-border merchandise transactions, while the revolution in information and communications has had, if anything, an even more dramatic impact on trade in services. The improved availability of information and declining transaction costs has further stimulated international flows of capital, labor, and technology. New technologies are fueling the potential of global innovation. Businesses that understand this will capitalize on new technologies, capturing a strategic advantage from streamlined operations and cost and redefined business models. Markets that were once available to only local or regional business are now open to global competition. Businesses small to large are no longer restricted by geography, only by access to your communications tools and business applications.

Nexus: G-WEBCD3