The hollow ring of corporate America

Questions whether corporate USA will be able to maintain competitiveness into the next millennium owing to unrelenting restructuring, meaning a recovery is based on an illusion of improved productivity. States, bluntly, the USA needs to grow in order to maintain market share — let alone to expand it. Recommends the USA must now develop markets, technologies and products at the high end of the value chain, which means major expansion of investment in both human capital and innovation.