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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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The Best-Performing Emerging Economies Emphasize Competition

Harvard Business Review

Development economists over the ages have puzzled about why some emerging economies perform much better than others over the long term. For our research , we looked at 71 emerging economies and identified 18 that achieved rapid and consistent GDP growth over the past 50 and 20 years. Max Mumby/Indigo/Getty Images.

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

Harvard Business Review

In 2016, the U.S. 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. Dinesh’s grandfather developed complications between the checks and passed away. There is a healthcare crisis in the U.S. spent a staggering $3.2

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Europe’s Other Crisis: A Digital Recession

Harvard Business Review

Of these, only three, Switzerland, Ireland, and Estonia, made it to a commendable “Stand Out” category – which means that their high levels of digital development are attractive to global businesses and investors and that their digital ecosystems are positioned to nurture start ups and internet businesses that can compete globally.

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How China’s Government Helps — and Hinders — Innovation

Harvard Business Review

As the era of China as the world’s low-cost manufacturer comes to an end, innovation has become the most important element in the state’s development blueprint. Total investment in R&D (as a proportion of GDP) grew from 0.9% Drucker Forum 2016: The Entrepreneurial Society. in 2000 to 2.0% respectively.

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Brexit Could Deepen Europe’s Digital Recession

Harvard Business Review

These are real concerns for the UK economy overall as the tech sector accounts for around 10% of British GDP. A third of VC investments in Europe were focused on the UK in the first quarter of 2016, according to CBInsights. billion in the rest of Europe over the period 2010-2015. billion as compared to $4.4

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People Are Angry About Globalization. Here’s What to Do About It.

Harvard Business Review

personal consumption expenditures in 2010 and that over half of that amount actually went to U.S. The UK Treasury’s April 2016 report about the economic pain caused by Brexit, 200 pages long and generally well executed, is an example: It was dismissed as “gobbledygook.” distributors, retailers, and so on.