The global economy is doing fine but industries are now confronting huge risks and issues. These include convergence of products and industries; the rising cost of capital; the end of low inflation; rising raw material costs; the growth of the finance economy; water; terrorism and its impact on the nation state; the rise of China and India; education; the relationship and tensions between Japan, Europe and the US; energy; asymmetric capital markets; biotechnology; nanotechnology; governance; the over-supply of materials and products; ageing; climate; networks and the growing importance of intangibles.
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