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A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the '… - Peter Dicken
" "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.
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About Peter Dicken
Peter Dicken (born 1938) is an economic geographer who is currently an Emeritus Professor and continuing researcher into global patterns of business and globalisation, at the University of Manchester.
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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.
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