NDE Briefing: Is the Sun Setting on the West?
July 19, 2005  8:30 - 10:30 am
Rayburn House Office Building B339
Washington, DC

A recent United Nations report called innovation “the golden thread running throughout the future knowledge-driven economy.” And while the United States is still commonly accepted as the world leader when it comes to entrepreneurial innovation, the emergence of market economies in China, India and other nations in the East may have already begun tipping the balance of economic – and geopolitical power – away from the U.S. 

That shift in power was the focus of the NDE briefing on July 19, 2005. While American companies initially led the rush to globalization, non-American companies like Sony, Nokia, Cemex and Samsung represent a growing tide of new dominant players. Likewise, foreign governments are looking to replicate the American history of entrepreneurship and innovation leading to new high-growth enterprises. 

A new book by acclaimed international trade expert Clyde Prestowitz challenges the commonly accepted belief that the U.S. remains the dominant global economic power. The book, Three Billion New Capitalists: The Great Shift of Wealth and Power to the East was featured at the briefing. 

FEATURED SPEAKER

Clyde Prestowitz
New York Times Bestselling Author