WSJ Graphic: New Companies, Regions Dominate Global Economy
The Wall Street Journal recently published this fascinating graphic (h/t Bill Easterly):
Energy and ICT are truly dominant as this decade comes to a close, and the three largest banks are (with HSBC's headquarters move to Hong Kong) now based in China. Certainly global competition will only continue to intensify over the next decade. I'd venture a guess that the chart in 10 years will include more Asian companies and perhaps more from Latin America (and fewer from Europe). Will it include an energy company whose business relies on alternatives, or will fossil companies continue to dominate? Will state-owned enterprises continue to grow? Will one be the biggest company in the world?
- Jake Berliner's blog
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