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Why Mass Migration Is Good for Long-Term Economic Growth

Harvard Business Review

By one estimate , the number of international migrants worldwide reached 244 million in 2015, up from 222 million in 2010, and 173 million in 2000. For, example, from 1960 to 2010, when the growth rate of fractionalization increased by 10 percentage points, the growth rate of per capita GDP increased by about 2.1

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China’s Economy, in Six Charts

Harvard Business Review

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Despite these impressive achievements, there is still plenty of room for catch up, with China’s per capita GDP only a fifth of the U.S. percentage points of GDP growth in 1979-1989, 0.5

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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. But GDP fell so much that the actual effect was to push up the ratio of debt to GDP.

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These 6 Sectors of Africa’s Economy Are Poised for Growth

Harvard Business Review

Lower resource prices and higher levels of sociopolitical instability have taken their toll: Africa’s real GDP grew at an average of 3.3% a year between 2010 and 2015, considerably slower than the 5.4% from 2000 to 2010. from 2010 to 2015, compared with 4.1% between 2000 and 2010.

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As Emerging Markets Slow, Firms Search for “New” BRICs

Harvard Business Review

For example, on the Indonesian archipelago, supply chain and distribution logistics present serious challenges — with logistics costs at 24% of GDP, compared with the regional average range of 9-11%. Quantifying the impressive rise of the middle class, FSG calculates private consumption in Peru is set to grow 54% between 2010 and 2015.

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Charting China’s Rising Individualism in Names, Songs, and Attitudes

Harvard Business Review

From 1979 to 2015, Chinese GDP per capita increased from 2.7% GDP per capita to 23.6%. We sampled the 10 most popular songs every year under the Chinese National Radio Billboard from 1970 to 2010. China has experienced rapid changes over the past five decades.

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Morning Advantage: Putting an End to Corruption

Harvard Business Review

In 2010, the U.N. trillion in bribes wiped out more than 5% of global GDP. And by 2015, this Foreign Affairs article predicts, the total value of goods lost to counterfeiting and piracy will balloon from 2008's $650 billion to $1.77 estimates, some $1.5