金融活动高度集中在欧洲人所谓的“盎格鲁-撒克逊”经济体，总的来说就是英美两国��加上冰岛和爱尔兰这些尝试复制无监管自由经济制度，但却下场惨淡的小国。 但在21世纪初促进了全球化进程的新兴市场也拥有一个出口导向和由中小型家族企业构成的优质经济基础的混合体。
Financial activity was concentrated largely in what the Europeans termed “Anglo-Saxon” economies: above all the United States and the United Kingdom, and a few small countries that tried, disastrously, to replicate a model of free-for-all finance such as Iceland and Ireland.  But the emerging markets that drive globalization in the early twenty-first century have a similar mix of export orientation and a prominent industrial base of small and medium-sized and frequently family-owned enterprises.  They have the problem today of trying to reconcile dynamic growth and social cohesion that was the problem of Germany in the past, and to which the German social model was and is held up as the answer.