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The knowledge, wealth, and development gaps among nations is reducing and the reign of superpowers is shortening. Just look at the history of the Roman, Islamic, Russian and British empires, the newer the power the shorter the reign. In the economic and business worlds the same power cycles apply. Ford, IBM, Nokia and other companies all lost their leadership position to newer companies.

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Submitted by on February 20, 2011

Med Jones

Med Jones is the president of International Institute of Management - A US based think tank specializing in applied strategy in the fields of economics, financial markets, and business operations. Jones is one of the few experts who predicted the global financial crises of 2008. In 2006 he warned about three crises to hit the US in the decade from 2007-2017; the burst of the housing bubble, US national debt, and the social security deficit. His statements and predictions are followed by economic researchers and investment analysts around the world. He is also noted for his contribution of the second generation of Gross National Happiness (GNH) framework, also known as GNH Economics.

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