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The first man gets the oyster, the second man gets the shell.

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Peter Dicken

In the United Kingdom, for example, the sheer overwhelming dominance of London makes it extremely for provincial cities to develop more than a very restricted financial function. London, in that sense, is akin to the notorious upas tree, a fabulous Javanese tree so poisonous that it destroys all life for many miles around itself.

Cities, Fabulous, Javanese, Kingdom, Tree, Upas
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More broadly, strategic alliances are more difficult to manage and coordinate than single ventures; the potential for misunderstanding and disagreement, particularly between partners from different cultures, is great. Certainly many such alliances are short lived.

Alliances, Coordinate, Culture, Different, Ventures

One of the most striking developments has been the rise, fall and rise again of the semiconductor industry of the United States, which is, once again, the dominant player in the most advanced semiconductor product-markets.

Developments, Fall, Industry, Player, United States

Geographically, the global economy is now multi-polar , as new centres of production have emerged in parts of what had been, historically, the periphery of the world economy. The world is now more accurately described as a 'mosaic of unevenness in a continual state of flux'.

Centres, Economy, Emerged, Mosaic, Mosaics, World

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.

Employment, Rapidly, Trends, Views

The primary driver of final consumer demand is, of course, the level of disposable income.

Course, Disposable, Finals, Income, Level, Levels
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