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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. The answer to those questions is threefold: Central Bank choices. Yet the place where the crisis had originated, the U.S.,

Crisis 8
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China Can’t Be a Global Innovation Leader Unless It Does These Three Things

Harvard Business Review

by 2020, according to the World Bank. China is well on its way to doubling the number of patent applications filed with the State Intellectual Property Office, from 1 million in 2010 to 2 million by 2015. The “input” indeed appears impressive: China’s R&D expenditure increased to 1.6% of GDP in 2012 from 1.1%