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China Economics vs. The West

Giora Bsor

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ISBN 10: 1453606726 / ISBN 13: 9781453606728
Published by CreateSpace Independent Publishing Platform, 2010
Condition: Good Soft cover
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Bibliographic Details

Title: China Economics vs. The West

Publisher: CreateSpace Independent Publishing Platform

Publication Date: 2010

Binding: Paperback

Book Condition: Good

About this title


BSOR'S FORMULA As the twenty-first century gets under way, China has emerged as "the world's factory", a reality that is creating a tidal wave of economic and social upheaval around the globe. The free flow of goods and capital between the Western countries and the developing world is reflected in a colossal deficit in the U.S. balance of trade, with American and European manufacturing plants, jobs and technology, relocating to China. Various ideas have been mooted with a view to resolving problems arising from the current state of affairs, particularly unemployment in OECD countries and the slowdown of investments in industry in the United States and Europe. One idea that merits close examination is Bsor's Formula, namely Labour Balance Tax - the LBT. Bsor's Formula - LBT - proposes a systemic and comprehensive solution to the economic and social upheaval resulting from China's status as "the world's factory", a solution that ties the global village together. Albert Einstein said: We cannot solve our problems with the same thinking we used when we created them. BSOR'S FORMULA REPRESENTS A DIFFERENT MODE OF THINKING. ONE, THAT SERVES THIS IDEA.

About the Author:

Giora Bsor is an economist and an international businessman with 30 years of experience operating in world markets. He has written articles on economic issues (in Hebrew) in daily newspapers in Israel such as Ha'aretz, De Marker and Yediot A'haronot. Bsor serves as a Public Representative (a side judge) in the District Court of Labour in Tel-Aviv, Israel. He is also a Mediator and Arbitrator in the District Court of Labour and in the Israeli Chamber of Commerce, where he serves on the Board of Directors. He has been to China many times, both as a businessman and leading tours of travelors, through the country. Bsor is a graduate of Tel-Aviv University.

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