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The Economic Value Of Speaking Other Languages

The Horizons Tracker

If pupils in the UK could increase their learning of Arabic by about 10%, this would correspond to GDP growth of up to £12.6 ” “However, the UK has experienced a sharp decline overall in the uptake of languages since 2004. . billion over 30 years.

GDP 108
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The Economic and Social Impact of Language

Mills Scofield

This has profound implications for our innovation and economic success and national security. Consequently, we aren’t being prepared for engagement in a country with a $2,100 per capita GDP. Angela Maiers Brown University Culture Economic Development Education Innovation Language Leadership Learning' should ours!

Education 169
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China’s Growth: A Brief History

Harvard Business Review

Some find evidence of a clear improvement of total factor productivity since market-oriented reforms began in 1979, estimating that the increase in TFP contributed about 40% to GDP growth, roughly the same as that contributed by fixed asset investment. Factor accumulation (capital and labour) thus accounts for about 60 to 70% of GDP growth.

GDP 8
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4 Strategies for Reaching the Chinese Consumer

Harvard Business Review

Economic growth of just under 5% a year would see consumer spending rise by 60% over the course of the next decade, even if consumption’s share of GDP doesn’t budge. Between 2004 and 2011, only 1.4% Innovative business models may be required. Property insurance is a good example. Take consumer credit.

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Whose Capitalism is it Anyway?

Harvard Business Review

We already know the answer: the kind of innovation that comes from collaboration, not competition. On the national level there's sense that if we're not producing more GDP, we're losing a competition of some kind," says Chris. Meanwhile, from 2004 to 2009, emerging economies accounted for almost all of the world's GDP growth."

GDP 12
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The Real (and Imagined) Problems with the U.S. Corporate Tax Code

Harvard Business Review

After-tax profits are at historically high levels; they were more than 50% higher as a share of GDP in the years 2010-2015 than they were over the prior 20 years. They are also global leaders in tax avoidance, giving rise to concerns in Europe and elsewhere that their tax planning innovations have reduced government tax revenues.