Knowledge is power. That was said half a millennium ago and it still stands to this day. We can now quantify and even qualify that knowledge. Data science and
The COVID-19 pandemic has increased the gap between the rich and the poor. A report released by Oxfam, an international advocacy organization working on ending extreme poverty, says the wealth held by the world’s 10 richest people has soared from US$700 billion to US$1.5 trillion in two years increasing at a speed of US$1.3 billion per day on average which is more than the combined assets of the world’s poorest 3.1 billion people.
Surprisingly however, during the World Economic Forum in Davos, Switzerland, last month, a group of international super-rich, who brand themselves “patriotic millionaires,” issued an open letter
In the past 30 years, globalization has given way to an international division of labor, with developing countries focusing on export manufacturing, while developed countries in Europe and the US concentrate on internationalizing service industries to drive economic growth.
The competitive advantages of these countries can readily be seen in the global financial market. For example, Taiwan has attracted a lot of global interest with its technology industry. The US is the home of leading digital service companies, such as Meta Platforms (Facebook), Alphabet (Google) and Microsoft. The country holds a virtual oligopoly of the global market for consumer digital