There are two major trends visible in economies all over the world. The first
trend, far along in developed countries, is the shift to a service economy. The
second, also quite advanced in some countries but barely visible in others, is
the shift to an information economy. The "information economy" refers to those
sectors in the economy that are concerned with the production of information
goods and services, including the creation of assets and technologies for
processing and distributing information. In the US the information economy now
dominates the private sector and this is also starting to happen with all
developed countries. This is not just about