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This introductory article, the first in a series of six, will describe the impending waves of economic activity projected to dominate the advanced economies over the course of the new millennium. Successive economic shifts suggest how investment opportunities and dead‐ends, new growth sectors and declining ones, jobs and livelihoods, and the overall socioeconomic scaffolding of advanced nations will change in the centuries to come. This coverage will shed light on the changing landscape of economic developments, indicate a sense of timing and importance, and provide perspectives on new potentialities.

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