Description of the state of national economies

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Peter Temin, and others, have observed the existence of a "Dual Economy." In some respects it resembles the "Digital Divide," in that the Finance, Technological, and Electronics sector in a national economy (and this is more widespread than any particular national economy) is the location of exceptional wealth, while the larger portion of a national economy is squeezed out from opportunities in education, employment, and the benefits of a more vital share in the wealth generated by the elite sectors of an economy.

What might we think of such a description of the state of national economies, and by extension the global economy, from such an outline?

Reference no: EM132896180

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