'The [traditional] postal business is an
old economy. Nothing you do could reverse the gradual decline in snail mail, because we now have electronic mail.
Launched in 2018 by Bloomberg, the New Economy Forum is committed to promoting the smooth transition from the
old economy -- one based on labor-intensive manufacturing and trade in goods -- to a new one focused on industrial automation, digital services and exchanges of data.
To me, this feels a lot like the same
old economy we've had since the Financial Crisis.
The hospitality business showed the highest willingness to hire with 92.7 percent saying they wanted to recruit, followed by the retail/wholesale and trading business (91.1 percent), the information technology industry (90.9 percent), and
old economy manufacturers (89.7 percent), according to the survey.
His first electoral key concerns how "
old economy voters" cast their ballots this November.
Even more interestingly, much of the growth could be attributed to a rise in industrial output - or China's
old economy.
"FY17 earnings of
old economy companies should be largely negative due to stunted demand and business cycle crackdowns.
While a government infrastructure building spree and housing boom have given a much needed boost to "
old economy" firms from steel mills to cement makers, CBB noted foreign orders had also improved.
ecommerce czar: A nickname for a senior-level executive who's charged with reforming an "
old economy" company's internet and ecommerce strategies.
Stocks tied to the country's so-called
old economy (oil and bank sectors) were the strongest gainers.
Focusing first on CEO compensation, Table 2 shows that options schemes for the CEO are most common in the
Old Economy sample.