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BankBoston's Foreign Exchange Strategists Unveil 'Creative Destruction' Index Data Compares United States Economy to thmeasure a nation's ability to spur productivityperformance. The calculation of the index and its name was inspired from June 14, 1999 testimony by Federal Reserve Chairman Alan Greenspan before the Joint Econom0 measures including:.


rnover,

-- years of democratic rule,

reenspan's testimony marked an important turningtruction' capability and this index gives us a decided advantage in predicting currency performance."

Out of a maximum score of 50, the U.S. scored 39, while Russia's scores rise in this index," said Podolsky.

available information from the United Nations,hange regularly. Standing will also be calculated on a quarterly basis.

BankBoston (NYSE NYSE

See: New York Stock Exchange
: BKB BKB Basler Kantonalbank (Switzerland)
BKB Black King Bar (gaming weapon)
BKB BV Kwaliteitsverklaringen Bouw (Dutch)
BKB BankBoston Corporation
), with asis listed on the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and Boston stock exchanges The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million. .

Editors Note: For a copy of the "Creative Destruction" index, please contact Courtney Weber at 202/326-1723.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 22, 1999
Words:93
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