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There are plenty of technological factors that are killing the book (not least of which... people read alot less than they used to). One key concept is this: the Internet has removed the time and space from thievery. Almost any form of 'art' (media, movies, books, etc) can be had in seconds. This sort of shatters the supply/demand models of old. Now companies are scrambling to find the iTunes for books (Amazon's Kindle Store), and find the right price points and DRM keys, etc. I love my Kindle. As long as teh stories keep coming, and great authors are happy, I'm happy. :D
Beating "print is dead" with Ron Wall's iPod story
Ron Wall, Sr. VP of Publishing at Canon Communications shares a great story of how he beat a "print ads are dead" objection raised by a client by making him an offer he had to refuse. The client told Ron that print ads were not responsive and therefore of little value. Ron countered by offeri...
It's interesting to see which countries are actually developed, by checking the GINI score... per capita is nice, but it doesn't indicate that a country is wealthy, only that some of its citizens are... if you combine GINI with Income per capita, you get a better sense
Can you get rich without democracy?
Yes if you are an individual, but probably not if you are an entire country. As the figure below shows, there are very few countries that have developed beyond $5,000 in 2005 PPP dollars without becoming democracies somewhere along the way (unless they are an oil economy). This scatter plot co...
So developing countries are growing and developed countries aren't so much? Awesome.....*nods enthusiastically
Oh wait...
The great divergence, the other way around
As rich economies' prospects dim under their crushing debt burdens and political paralyses, the world's hope for economic dynamism rests with developing nations. These countries had an exceptionally good decade before the global financial crisis struck. And most among them have recovered quickly...
The next step for the US is not getting manufacturing bases back from the Chinese via tarriffs, etc, but educating its workforce that seems so distraught over the loss of these low-paying jobs.
How much is Harvard? 200,000 for a 4 year stint? That's comtemptable. Thankfully, unlike the US health care system, there are great options for Americans to get educated. So why are so many crying over the loss of manufacturing jobs?
Is China driving the wrong kind of structural change in the U.S.?
By Maggie McMillan, guest blogger When economists talk about structural transformation, they typically have in mind developing countries and the dual economy models à la W. Arthur Lewis that emphasize productivity differentials between broad sectors of the economy, such as agriculture and manuf...
Nice Directing!
Korean Tourism Media Campaign: "Come Home to Korea"
I like to put my money where my mouth is, so here's a real set of 4 commercials that illustrate my point that Korean cultural promotion can be much more effective by touting EXPERIENCE-based narratives, rather than the standard hodge-podge of fan dances, palaces, and strings of random imagery uni...
"1) Koreans have no idea, because of ethnocentric myopia, what it is about Korea that foreigners tend to like. They're too busy asking us if we know what kimchi is."
LOL.. Love it.
I always found Korean tech companies like LG/Samsung really fresh, hip, and innovative. Their JP/CH rivals look so boring by comparison. The Korean food might be the single biggest 'draw' for tourism.
I'll say this: when I was in Korea, I had people there taking care of me, but the few times I was solo, with very basic Korean, I felt like I was hooped (and this was in Gangnam!).. The Koreans might want to look to North China and Japan for tourism dollars, because still, it's kind of a leap to get white people coming in droves to a place that doesn't speak a ton of English.
Also, I come from a small country too (Canada!) and we have small cities (ugh....) and your post made me think, 'What the hell does Toronto do?...It's basically a mini-NYC... How can they attract tourists?" Well, the truth is people will go to Toronto for a weekend if they think they're having fun. It's not so much about culture, as fun.
So 2 questions:
Is Seoul a fun place?
Is Seoul a fun place if you can't speak Korean?
In the Canada example, Americans can take a bus, or road trip up to Toronto or Montreal, and have some crazy french food (Poutine?!) and get sloppy drunk (18 yrs old in Quebec), and have a great time. I'm assuming there's some good skiing/snowboarding around there. The point is, you don't really have to have the biggest building, or best in the world of XYZ, you just need to be fun.
You know what was really fun in Korea? Drinking with my Customers, eating delicious Kalbi, and going to the Karaoke place.
Almost none of that would be possible with me and 5 other non-KOR-speaking white guys.
Wait a second.. I was just about to say, Advertise to North Chinese (spk Korean) and Japanese (close, many spk Korean).. then I realized, most Chinese can't even leave the country. It's not really an option to fly over for the weekend. Ugh. Ok, Japan?
Well, part of the Korean culture is... if I'm not mistaken, ... talking crap about other Asian countries, and at the top of that list has gotta be the Japanese right?! Or the Chinese?... Either way, Korea has spent a few hundred years lambasting its 'target market'..
You're right, the K-Tourism industry is fucked.
Korea's Unique Selling Proposition (USP), Or Lack Thereof
As those of you who've been paying special attention during my long bouts of blogging inactivity will know, I've been heavily involved with organizations and committees tasked with the job of promoting Korea as a tourist destination, or Korean culture itself. I do a bit of work here and there for...
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Jan 30, 2011
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