
Macroeconomics of the Global Technology Economy, The
In 2010, global technology spending exceeded $4.2 trillion, equivalent to the world’s fourth largest economy—and its growth rate is substantially outstripping GDP growth in advanced economies. Virtually overnight, a massive “global technology economy” has emerged—and it’s gained far more influence than most decision-makers recognize. Understanding this economy is now crucial for every investor, ex...
In 2010, global technology spending exceeded $4.2 trillion, equivalent to the world’s fourth largest economy—and its growth rate is substantially outstripping GDP growth in advanced economies. Virtually overnight, a massive “global technology economy” has emerged—and it’s gained far more influence than most decision-makers recognize. Understanding this economy is now crucial for every investor, ex...