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Troubling Health of U.S. Economy: Risks & Threats 2007
"We were surprised to learn that the U.S. economy is in much more trouble than anticipated. When combining all the numbers from different national and international research agencies, we see a different picture than the one advertised, the country seems to be headed to a major crisis" said Med Yones, President of IIM. "The good news is that the U.S. government can avoid the disaster, the bad news is that some of the necessary measures are going to be painful, controversial and difficult to implement. The next decade is the most critical for U.S. economic health. In order to mitigate the risks, the U.S. government must make major changes to socioeconomic and foreign policies"
The study provides: 1). A neutral assessment of the U.S. economic health, 2). Analysis of the long-term consequences of current policy decisions 3). The emerging economic, social and geopolitical threats to the U.S. financial prosperity 4). Risk mitigation strategies 5). Management best practices
IIM also announced that it has written to the U.S. government and congress, asking them to pay special attention to the emerging threats and recommending major policy changes to avoid future socioeconomic threats.
The complete text of the study is available online at http://iim-edu.org/u.s.economyrisks/
About IIM:
International Institute of Management is a management best practices research and education institute based in Las Vegas, NV. IIM has 41 universities and research partners in 16 countries. IIM leverages a global knowledge network to provide government and business leaders with the latest and most advanced management thinking.
About IIM White Papers:
IIM white papers provide businesses and government leaders with a list of questions and discussion points that can be used to address emerging challenges and opportunities. IIM white papers are not academic research papers; they are succinct work documents designed for communication and problem-solving. The structure of the white paper includes three main sections: 1). A statement of the problem or opportunity 2). Analysis of root causes and driving forces 3). Proposed solution and recommendations.
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