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Wise Economic Decision Making

Coaching Tip

percentage points from GDP, based on the average of 2010's first three quarters. Their intricate mathematical models largely failed to predict the 2008 financial crisis. Source: Bloomberg BusinessWeek, January 17, 2011. In 2005, housing accounted for 6.1 percent of economic activity in the U.S.

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Women and the economy: an opportunity for growth

Strategy Driven

As Christine Lagarde, Managing Director of the International Monetary Fund states: if women were employed at the same rate as men, GDP would increase by 5 percent in the United States, by 9 percent in Japan and by 27 percent in India. It is time to unveil some figures and share thoughts on this hidden treasure: women.

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Decades Later The USA Health Care System is Still a Deadly Disease for Our Economy

Curious Cat

I wrote about this in 2005: Excessive Drug Prices in the USA (and several times since then, Drug Price Crisis [2008] – it is a long term, huge economic problem for the USA). Health care is extremely expensive everywhere. But in the USA the health care system is twice as costly as other rich countries.

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What Has the Eurozone Learned from the Financial Crisis?

Harvard Business Review

But the real tragedy happened later: a timid recovery during 2010-11 was followed by a second recession starting in the third quarter of 2011, from which Europe did not start recovering until 2015. By December 16, 2008, interest rates were close to 0% in the U.S. Yet the place where the crisis had originated, the U.S., What went wrong?

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New Report: We're Not As Connected As We Think

Harvard Business Review

We recently released the DHL Global Connectedness Index 2012 , which tracks the depth and breadth of trade, capital, information, and people flows across 140 countries that account for 99% of the world's GDP and 95% of its population. Countries' levels of global connectedness are impacted both by their domestic and their foreign policies.

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There Will Be Oil, But At What Price?

Harvard Business Review

Crude supply did not budge when oil prices tripled from 2004 to 2008, but global demand remained firm, shrugging off a recessionary dip in 2009. We have ample historical evidence that when petroleum expenditures reach 5% of GDP, recession typically follows. GDP in 2002 to a painful 9.8% Annual energy expenditures rose from 6.2%

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Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

The bailout was small compared to the sums the Troika gave Greece (€240 billion in two rounds), Spain (€100 billion), and Ireland (€85 billion), and the latter was a significant percentage of Cyprus’ GDP of €17.7 billion in 2012. in 2012; 5.4% in 2013; and by an estimated 2.8% of its youth without jobs.

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