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GLOBAL CITIES COMPETING WITH COUNTRIES

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The Global Cities are the temples of Economic Prosperity and there are various ways by which a city can become a Global Economic City as defined by Jesus Leal &  Joseph P in their Article " REDEFINING GLOBAL CITIES" . The various ways as defined are 1. Asian Anchors Asian Anchors include five Pacific-oriented metro areas—Beijing, Hong Kong, Seoul-Incheon, Shanghai, and Singapore— and a sixth major emerging market metro, Moscow. Asian Anchors are not as wealthy as their Global Giant counterparts, but play a similar role as command centers in fast-growing Asia, drawing on their infrastructure connectivity and talented workforces to attract the most FDI of any metro grouping 2.Emerging Gateways Emerging Gateways are 28 large business and transportation entry points for major national and regional markets in Africa (e.g. Johannesburg), Asia (e.g. Mumbai), Latin America (e.g. São Paulo), and the Middle East (e.g. Istanbul). These metros have grown healthily to r...
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The 10 Worst Corporate Accounting Scandals of All Time

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THE FUTURE JOBS AND THE DILEMMA OF PRESENT GENERATION

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Today’s young people face the frustrating challenge of preparing for careers that may not even exist yet. Choosing a college major is hard enough without throwing in the distinct possibility that most of the jobs in your field will soon go by the wayside. Cathy N. Davidson, co-director of the annual MacArthur Foundation Digital Media and Learning Competitions, claims 65% of kids will end up with jobs that have yet to be created. Not only will we see new jobs in the future, but we’ll also see a lot of old jobs become obsolete. In a speech at The American Enterprise Institute, Bill Gates predicted that within just 20 years, many current jobs will be replaced by software automation. Gates emphasized the danger for low-skilled positions in particular, but added, “labor demand for lots of skill sets will be substantially lower.” The idea of losing jobs to robots is an unsettling one, but not every profession will be affected. An article in The Economist looked at the proba...
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