Britain must look to the east to grow strongly

Tuesday, June 02, 2009 | Posted by: Grant Thornton
Categories: Business | Tags: innovation, financial, international, emerging markets, talent

“We need to reinvent ourselves and invest in innovation to compete in the emerging markets”, writes Gerard Lyons in the Sunday Times 31 May 2009

“A profound change is under way in the world economy. The balance of economic and financial power is shifting from the West to the East. This could lead to sustained growth for the economies that are best positioned to exploit it. The successful countries will be those with financial clout, natural resources or the ability to change with the times. Britain’s biggest challenge will be to position itself in this category.”

http://business.timesonline.co.uk/tol/business/columnists/article6396384.ece

“Are the emerging markets a threat or vital source of future collaboration?”.... What do you think?