BUSINESSWEEK ONLINE : AUGUST 28, 2000 ISSUE
THE 21ST CENTURY CORPORATION -- THE CORPORATE ECOSYSTEM The New World Order Regulating the global economy will require international cooperation. Here's how commercial law will evolve in key areas. TAXES Internationally, tariffs will largely disappear. Multinational agreements will assure that companies pay the tax they owe, but protect them from being double-taxed. FINANCE Worldwide accounting standards will increasingly develop. Efforts are already underway to create global capital rules for banks. PRIVACY Business and government will form partnerships to create minimum privacy standards for commercial transactions. ANTITRUST Governments will sign multilateral agreements spelling out acceptable business practices. The new global standard will be aimed at increasing competition. DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS The Ecosystem And Now, the Just-in-Time Employee TABLE: Of Those Who Define Themselves as Free Agents Perspectives: The New Wired World of Work The Barons of Outsourcing CHART: The Boom in Outsourcing Perspectives: Limits of the New Corporation Different Countries, Adjoining Cubicles TABLE: Where White-Collar Jobs Are Going Commerce Reweaves the Social Fabric High School Will Never Be the Same Watching over the World Wide Web TABLE: The New World Order INTERACT E-Mail to Business Week Online

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