BSOR'S FORMULA As the twenty-first century gets under way, China has emerged as "the world's factory," a reality that is creating a tidal wave of economic and social upheaval around the globe. The free flow of goods and capital between the Western countries and the developing world is reflected in a colossal deficit in the U.S. balance of trade, with American and European manufacturing plants, jobs and technology, relocating to China. Various ideas have been mooted with a view to resolving problems arising from the current state of affairs, particularly unemployment in OECD countries and the...
BSOR'S FORMULA As the twenty-first century gets under way, China has emerged as "the world's factory," a reality that is creating a tidal wave of econ...
