BUSINESSWEEK ONLINE : JANUARY 31, 2000 ISSUE
COVER STORY -- THE NEW ECONOMY The Road to the New Economy Here's what countries must do to get a high-productivity, low-inflation economy BOOST INVESTMENT SPENDING on information technology as a share of GDP RESTRUCTURE CORPORATIONS to cut costs, improve flexibility, and make better use of technology OPEN FINANCIAL MARKETS to direct capital to the best uses DEVELOP VENTURE CAPITAL and IPO markets to aid innovative companies ENCOURAGE AN ENTREPRENEURIAL CULTURE and make it easier to start new businesses INCREASE THE PACE OF DEREGULATION especially in telecom and labor markets ADJUST MONETARY POLICY to the realities of the New Economy by waiting for inflation to appear before raising interest rates DATA: BW _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS The New Economy COVER IMAGE: The New Economy TABLE: The Road to the New Economy CHART: Growth Accelerates as Inflation Falls...Tech Spending Soars... CHART: ...Exports Bounce Back...Internet Usage Takes Off CHART: The Danger: Skilled Labor Shortages... CHART: ...And Rising Commodity Prices CHART: Who's Ahead? INTERACT E-Mail to Business Week Online

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