Remove 2010 Remove 2016 Remove GDP Remove Technology
article thumbnail

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

GDP 13
article thumbnail

The Best-Performing Emerging Economies Emphasize Competition

Harvard Business Review

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. More than half that reached the top quintile in terms of economic profit generation between 2001 and 2005 had been knocked off their perch a decade later, in 2010-15.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Even for Companies, the U.S. Is Split Between Haves and Have-Nots

Harvard Business Review

Economywide ROIC has trended downward since the 1980s, falling from above 6% in the mid-1960s to 5% in 1980, then to 3% in 1990, and to only a bit more than 1% by 2010. Deloitte attributes this fall in part to rising competitive intensity, as a result of new technologies and lower entry barriers. GDP growth could hit nearly 5% in 2016.

ROIC 8
article thumbnail

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. Competitors used the expensive CCD technology for cameras. There is a healthcare crisis in the U.S. spent a staggering $3.2 Add to Cart.

article thumbnail

How China’s Government Helps — and Hinders — Innovation

Harvard Business Review

By all accounts, the Chinese state is on all-out drive to move the country up the technological ladder. Yet, along other dimensions, the state is unwittingly hindering China’s emergence as a technological giant. Total investment in R&D (as a proportion of GDP) grew from 0.9% in 2000 to 2.0% respectively.

article thumbnail

When More Women Join the Workforce, Wages Rise — Including for Men

Harvard Business Review

women’s participation in the labor market has nearly doubled, from 34% of working age women (age 16 and older) in the labor force in 1950 to almost 57% in 2016. Looking at Census data from 1980 to 2010, I studied how women’s participation in the workforce influences wage growth in approximately 250 U.S. In the U.S.,

article thumbnail

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