The document discusses key economic dynamics affecting corporate success in a globalized world. It notes that since the late 18th century, international economic bonds have strengthened through increased global trade, capital flows, and investment opportunities. This has opened new markets for corporations in places like Central and Eastern Europe, Latin America, and Asia. However, weaknesses in the US economy like a lack of competitiveness and protectionism have eroded its technological advantage relative to countries like Germany and Japan that maintain close industry-government cooperation. Macroeconomic indicators in the US like GDP, inflation, unemployment, and interest rates have also been negatively impacted by the global economic crisis. For companies to succeed in this environment requires prudence, expanding operations to benefit from economies of scale