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China’s Economy, in Six Charts

Harvard Business Review

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Despite these impressive achievements, there is still plenty of room for catch up, with China’s per capita GDP only a fifth of the U.S. percentage points of GDP growth in 1979-1989, 0.5

GDP 13
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Languages Your Company Should Speak (But Has Never Heard)

Harvard Business Review

Back in 2003, Mark Davies carried out an important analysis of gross domestic product (GDP) by language use. of the world''s GDP. Of nearly 2 billion internet users estimated in 2010, 82% spoke one of 10 macro-languages — English, Chinese, Spanish, Japanese, Portuguese, German, Arabic, French, Russian, and Korean.

GDP 9
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Health Reform Lessons from Mexico

Harvard Business Review

Throughout the world, countries at all levels of economic development and with all types of political systems have embarked in a creative search for the elusive goal of universal coverage. A major effort launched in 2003 will provide health insurance to everyone before the end of this year. Health systems are at a crossroads.

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18 of the Top 20 Tech Companies Are in the Western U.S. and Eastern China. Can Anywhere Else Catch Up?

Harvard Business Review

For the 274 companies started in 2003 or later that have reached unicorn status , half are in the U.S., From 2010 to 2017, the market cap of GAFAM companies increased by $2.6 Will Other Nations Develop Local Champions and Innovation Hubs? Many have tried but few have succeeded in developing substantial innovation hubs.

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What Alan Greenspan Has Learned Since 2008

Harvard Business Review

It’s true of GDP. Greenspan asked me to check that, and the actual line from the article was pretty close: “Asked in 2010 about those who warned that housing prices would crash, he responded, ‘Right. The dot-com boom when it collapsed, you can’t find it in the GDP figures in 2001, 2002. It didn’t happen.

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How Big Should Government Be?

Harvard Business Review

As one critic wrote of Robert Lucas's American Economic Association presidential address on economic growth in 2003, in which the Nobel laureate cited several studies showing dramatic welfare gains from hypothetical tax cuts in France and the U.S.: in 2010, government spending's share of GDP in the U.S.

GDP 8
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What So Many People Don’t Get About the U.S. Working Class

Harvard Business Review

Other books that get at this are Hard Living on Clay Street (1972) and Working-Class Heroes (2003). Both parties have supported free-trade deals because of the net positive GDP gains, overlooking the blue-collar workers who lost work as jobs left for Mexico or Vietnam. This is a second source of resentment against the poor.

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