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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

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Four Major Changes in Global Prosperity

Harvard Business Review

Over recent years, governments too have increasingly begun to realize that focusing on GDP growth alone does not necessarily lead to improvements in living standards of their citizens. Put simply, what’s good for increasing GDP may not be good for the long-term betterment of society. Latin America is Rising.

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America's Innovation Shortfall and How We Can Solve It

Harvard Business Review

economy as a whole, rather than the narrow, specific slices of technology or communication, the first decade of the 21st century did not generate expected growth in jobs, revenues, profits, or stock prices. The business press puts a tremendous focus on technology and innovation, but what it doesn't do is put it into context.

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What Alan Greenspan Has Learned Since 2008

Harvard Business Review

Lots of people blamed Greenspan for some or all of this, and the man himself famously allowed, in a Congressional hearing in October 2008, that he had “found a flaw” in his model of how the world works. It’s true of GDP. This is the reason why everybody missed September the 15th, 2008. We do the research here.”

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Brexit Could Deepen Europe’s Digital Recession

Harvard Business Review

These are real concerns for the UK economy overall as the tech sector accounts for around 10% of British GDP. In certain areas of technology, the country is the undisputed leader for the continent: with London as the center of fintech in Europe, for example, fintech investment in the UK was $5.4 billion as compared to $4.4

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Europe’s Other Crisis: A Digital Recession

Harvard Business Review

Fifteen European countries have been losing momentum since 2008 in terms of their state of digital evolution – this is what we mean by a digital recession – with the Netherlands coming in dead last in our momentum rankings. of GDP, compares poorly with that of the U.S. 1.8%), Japan (2.6%), and South Korea (2.7%).

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