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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

Without a doubt, providing members of linguistic minority groups with access to technology in their native tongues is very important. Back in 2003, Mark Davies carried out an important analysis of gross domestic product (GDP) by language use. of the world''s GDP. of the world''s GDP. One of those conditions?

GDP 9
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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

Most of the digital giants in both countries are investing in artificial intelligence and other technologies that will facilitate their entry into yet other industries. For the 274 companies started in 2003 or later that have reached unicorn status , half are in the U.S., and nearly two-thirds of the 148 U.S.

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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 Alan Greenspan Has Learned Since 2008

Harvard Business Review

It’s true of GDP. The technology-stock bubble of the late 1990s and its subsequent deflation were among the defining events of Greenspan’s tenure. 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.