Globalisation offers great opportunities, but needs human face
"The fifth of the world's people living in the highest income countries has 86% of world gross domestic product (GDP), 82% of world export markets, 68% of foreign direct investment, and 74% of telephone lines." Not only that, social environment has deteriorated.

A grim prognosis
The National Council of Applied Economic Research (NCAER) said that the continuation of the industrial recovery of April-May is hardly "an unqualified prospect". In plain language, GDP growth by 6% in 1999-00 is far from certain.

Data warehousing holds promise for investment
Citicorp Information Technology Industries Limited (CITIL), an affiliate of Citicorp, specialises in providing software solutions to the financial services industry worldwide. Two of its banking products, the MicroBanker and the Flexcube, have found wide acceptance.

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