THE ROLE OF BILLIONAIRES IN THE ECONOMIC SYSTEM OF THE 21ST CENTURY
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017, vol. 11, issue 1, 1063-1069
This paper is a summary of the keynote speech presented at the Conference. Its purpose is to analyse the importance of billionaires in the economy of the 21st century. The paper analyses three basic questions about the billionaires namely, their number, the cause of their existence and the consequences of that existence. The methodology of the paper is basically search of data and information online coupled with reasoning about the topic. We conclude that billionaires are few in number but their importance is rsing. They are explained by many factors, most important of all the intangible assets which govern the economy of the current times; and their social, economic and political importance cannot be underestimated. So, as a general conclusion we find that billionaires are a distinctive feature of the economy of the 21st century, and that they are here to stay, and, wthin a ever more interdependent world, they will survive as long as they will be considered a force of economic well being,
Keywords: intangibles; 21st century; billionaires; economic system; managers (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:11:y:2017:i:1:p:1063-1069
Access Statistics for this article
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE is currently edited by Ciocoiu Nadia Carmen
More articles in Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Series data maintained by Ciocoiu Nadia Carmen ().