Peter Dicken Quotes

One of the most striking developments has been the rise, fall and rise again of the semiconductor industry of the United States, which is, once again, the dominant player in the most advanced semiconductor product-markets.

Geographically, the global economy is now multi-polar, as new centres of production have emerged in parts of what had been, historically, the periphery of the world economy. The world is now more accurately described as a 'mosaic of unevenness in a continual state of flux'.

A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.

One of the most striking trends, since at least the 1960's, has been for employment in services to grow far more rapidly than employment in manufacturing. It is this trend that has led to the view that developed economies have become de-industrialized and that they are now effectively service economies.

The primary driver of final consumer demand is, of course, the level of disposable income.

the internationalization of economic activity and its major vehicle, the TNC, can be regarded simply as being part of the normal expansive process of capitalist development.

Reality is far more complex and messy than many of the grander themes and explanations would have us believe.

It remains to be seen, for example whether China can continue to develop as a market economy while still retaining an authoritarian communist political system.

Innovation - the heart of technological change - is fundamentally a learning process.

This is not an argument for levelling down but for raising up. The means for doing this are there. What matters is the will to do it. We all have a responsibility to ensure that the contours of the global economic map in the 21st century are not as steep and uneven as those of the 20th century.

Every production network has spatiality - the particular geographical configuration and extent of its component elements and the links between them.

Significantly, the 14 most transnational firms (in terms of the TNI) originate from small countries (Switzerland, the UK, the Netherlands, Belgium, Canada)

(Mercantilism is based upon the idea that a nation's wealth and security depend upon its ability to regulate and control its external trade at the expense of others.)

Without the parallel development of systems of monetary - and credit-based exchange there could have been no development of economies beyond the most primitive organizational forms and the most geographically restricted sales.

More broadly, strategic alliances are more difficult to manage and coordinate than single ventures; the potential for misunderstanding and disagreement, particularly between partners from different cultures, is great. Certainly many such alliances are short lived.