How US Bailouts Could Spur Asian Economies
Irwin Greenstein (January 6th, 2009) Writes:
The trillions of dollars that Washington is throwing at beleaguered American industries could have unforeseen consequences in the longer term viability of domestic investment opportunities. Washington’s handouts may come at the expense of funding important R&D projects that could give the U.S. a long-term competitive edge that it appears to be losing to Asia.
If in fact this scenario plays out, emerging markets in Asia could prove to be the superior play in the coming decades as they surpass America’s R&D investments.
R&D is the cornerstone of sustained growth. For example, China recognizes this by launching a branding campaign that turns the pejorative “made in China” to a higher value added “created in China.”
While some of the R&D numbers coming out of Asia today still may pale compared to the U.S., the important criteria is the percentage of GDP and overall growth that these emerging markets are investing in innovation.
For example, South
...America, Asia, China, computing, contrarian profits, electronics, Europe, European Union, Georgia Institute of Technology;, Ibm, Market Commentary, Samsung, south korea, telecommunications, the Economist, United States, USD, Washington


![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)





