Remove 2009 Remove Finance Remove GDP Remove Management
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Greece Needs to Be Honest About the Numbers

Harvard Business Review

Georgiou’s crime was that back in 2009, he strictly applied globally accepted international rules in reporting the Greek government’s budget deficit, which had the effect of increasing it by just under 3% to a whopping 15% of GDP. You would be wrong. Calculating this debt in “present” (i.e.,

GDP 8
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Financial Fears, Flows, and Globalization

Harvard Business Review

Our current problems stem, in part, from the special characteristics of finance, which as Keynes noted , is highly dependent on sentiment and, as Hyman Minsky emphasized , therefore particularly susceptible to crises. in 2009, before rising to 4.2% in 2009, before rising to 4.2% in 2008 to 3.9% in 2008 to 3.9%

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Fixing the World's Infrastructure Problems

Harvard Business Review

In Jakarta, from 2005-2009, the number of cars rose by 22% annually, while the distance of usable roads actually declined (PDF). of GDP (PDF) is necessary to raise infrastructure in the region to the standard of developed East Asian countries. an estimated $100 billion per year. Pessimism rules, but it needn''t be that way.

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Why CEOs Should Watch the Royal Wedding

Harvard Business Review

Brilliant brand management is multi-media and cause-related. A 2010 study showed that the public cost of supporting the monarchy was more than $55 million in 2009. GDP or around $50 billion. Those are actions that princes of finance should leave to the real princes.

CEO 16
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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%

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Spain Is Now Making Ireland's Mistakes

Harvard Business Review

Just like Ireland, Spain had a credit boom financed mostly with external debt, which meant that the balance sheets of their banks are now stuffed with bad debts as asset values collapse. And yet in the run up to the collapse in 2007, the combined asset footprint of the three main Irish banks was around 400 percent of GDP.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. The returns to society and the overall economy were equally impressive.