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China Wants the U.S. to Avoid the Fiscal Cliff, Too

Harvard Business Review

market growing. Treasury market has been driven by huge investments from surplus countries such as China and Japan, which have perceived the United States as the safest place to store their savings. But they can also invest heavily in China's domestic markets. The Chinese want stability in America. They want to see the U.S.

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Where Does Your Nation Rank on Wellbeing?

Harvard Business Review

If you are familiar with the Legatum Prosperity Index, you know it is an effort to look beyond GDP. A movement that began with Bhutan's Index of Gross National Happiness has grown to include Nicolas Sarkozy's 2009 commission , and David Cameron's new initiative to track wellbeing in the UK.

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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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What Has the Eurozone Learned from the Financial Crisis?

Harvard Business Review

Back in January 2009 European officials assumed that the crisis was purely a U.S. This assumption could not have been farther from the truth; a recession started in Europe in the first quarter of 2009, just a couple of months after it hit the U.S. But GDP fell so much that the actual effect was to push up the ratio of debt to GDP.

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Financial Fears, Flows, and Globalization

Harvard Business Review

As readers of this blog already know, markets are far less integrated internationally than popular views of globalization presume. Their conclusions are corroborated not just by empirical experience but by experimental research on asset markets by Nobel Laureate Vernon Smith , among others. in 2009, before rising to 4.2%

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Why CEOs Should Watch the Royal Wedding

Harvard Business Review

Within the confines of good taste, we hope, the Brits are marketing the heck out of the wedding. A 2010 study showed that the public cost of supporting the monarchy was more than $55 million in 2009. GDP or around $50 billion. Brilliant brand management is multi-media and cause-related.

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Can the U.S. Become a Base for Serving the Global Economy?

Harvard Business Review

In 2009, they accounted for 24.4% GDP while undertaking 40.9% And, through linkages including supply chains (in 2009 multinationals purchased about $7 trillion in intermediate inputs from companies in America), multinationals enhance the performance of companies throughout the U.S. private-sector jobs and produced 28.7%