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“Interpersonal Connectedness” One Factor in Metric to Replace GDP

Michael Lee Stallard

In “ The Rise and Fall of GDP ,&# that appeared in The New York Times Magazine, Jon Gertner describes this effort. Gertner writes about the U.S. Government Accountability Office (GAO) developing a “key national indicators&# system that will be available online. Last year I spoke at the GAO’s headquarters in Washington, D.C.

GDP 170
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3 Charts US Economists Want to Keep Secret

Coaching Tip

In fact, real GDP per person just dropped to its lowest level in more than 75 years ! responses ranged from "a statistical mirage" to a "hangover" from the 2008-2009 recession. Like Vanilla is used to make Chocolate. Despite new all-time highs in the stock market, US economic data is lagging.

GDP 70
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The Economic and Social Impact of Language

Mills Scofield

In 2009, 97 American undergraduates studied Bengali , the 7th most spoken language in the world. 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' Translation?

Education 169
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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.

Crisis 8
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Greece and Its Misguided Champions

Harvard Business Review

Greece offered a tantalizing opportunity to socially minded critics to condemn the approach taken by the euro group under Germany’s leadership. Contractionary policies may create a self-reinforcing spiral of decline that increases the debt-to-GDP ratio. An irony surfaces here. ” This is a lesson worth remembering.

Crisis 8
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3 Entrepreneurs Who Made It Their Mission to Lower Health Care Costs

Harvard Business Review

trillion, or almost 18% of its GDP , on health care — that’s $10,000 per person, twice as much as any other country in the industrialized world. There is a healthcare crisis in the U.S. which cries out for breakthrough healthcare delivery innovations that aim at significant cost reductions and wider coverage. In 2016, the U.S.

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Why Multinationals Are Doubling Down on Russia

Harvard Business Review

And while two years of shrinking GDP growth , sanctions , and a volatile ruble have led some companies like GM to leave the market, there has not been a large-scale exodus of MNCs from Russia. Why Russia is still attractive. The old approach to Russia won’t work.