Changing Fortunes
It's no longer business as usual. But the likely losers will make way for some unlikely winners
BY CHARLES P. WALLACE
If 2000 is remembered as the year the dotcoms bombed, 2001's claim to fame will likely be the moment when worldwide economic growth stalled. That slowdown will have a major impact on the way businesses operate. With the U.S. staring a recession in the face for the first time in nearly a decade, American firms will have to tighten their belts. European companies will find they are less affected, but their buying spree of U.S. corporate assets is over. And in Asia, Japan's continued stagnation will mean that the region continues to limp along, though China will shine. Some specifics:
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The Year Ahead
Politics
Business
Investing
Trends
- Fewer Marriages
- The German Exception
- Italy Awakes
- More Takeovers
- Auto Rout
- Luxury Goods Sale
- Euro Revival
- Oil Pressure
- Japan Opens
- Eastern Revival
- China Boom
Viewpoint: Pass the Buck
Technology
Arts & Media
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