Macroeconomics of the Global Technology Economy, The

In 2010, global technology spending exceeded $4.2 trillion, equivalent to the world's fourth largest economy--and its growth rate is substantially outstripping GDP growth in advanced economies. Virtually overnight, a massive "global technology economy" has emerged--and it's gained far more influence than most decision-makers recognize. Understanding this economy is now crucial for every investor, executive, strategist, and policymaker.