These facts need to inform the next generation of financial, political and business leaders on the world stage. Chinese demand for American blockbuster movies is just one example of “old economy” jobs (such as in manufacturing) in developing economies fueling “new economy” jobs (such as in digital media) in advanced economies. Al This chart shows the growth of world merchandise exports and GDP from 1980 to 2014. Increased wages in Southeast Asia boost demand for goods from new economy sectors in the West. And America has much to learn from other countries, including France, Germany and Mexico, about vocational training.

Source: Huffington Post January 12, 2017 14:30 UTC