CAMBRIDGE: Despite NASDAQ crashes and the threat of US recession, the New Economy is here to stay. Indeed, it remains the key to improved performance in Europe and Japan in the years ahead. But where, exactly, does the heart of the New economy lie? Is it in more competitive labor markets or in better tax systems or in deregulation? Corporate governance, too, is a motor of the New Economy that should not be underrated.
CAMBRIDGE: Despite NASDAQ crashes and the threat of US recession, the New Economy is here to stay. Indeed, it remains the key to improved performance in Europe and Japan in the years ahead. But where, exactly, does the heart of the New economy lie? Is it in more competitive labor markets or in better tax systems or in deregulation? Corporate governance, too, is a motor of the New Economy that should not be underrated.