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The EU Needs to Make Sure Continental Countries Don’t Exit

Harvard Business Review

The UK Treasury’s 200-page April 2016 report, blandly titled “The Long-Term Economic Impact of EU Membership and the Alternatives,“ seems a useful, well-executed benchmark. It predicts that the UK’s GDP will be significantly lower in 2030 — its central estimate is 6% — as a result.

GDP 8
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Where Does Your Nation Rank on Wellbeing?

Harvard Business Review

Today we launch the sixth edition of the annual Legatum Prosperity Index™ , benchmarking 142 countries on measures of wealth and wellbeing. If you are familiar with the Legatum Prosperity Index, you know it is an effort to look beyond GDP. For Americans, the headline is a simple if unwelcome one: the US is a nation in decline.

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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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Big-Project Engineers Have to Deal with Too Much Red Tape

Harvard Business Review

On August 5, 2010, a mine collapsed in Chile’s Atacama Desert, trapping 33 miners more than 2,000 feet underground. An estimated $12 trillion a year , approximately 16% of global GDP , is spent on capital projects globally. A preoccupation with benchmarking against other projects. Missing the forest for the trees.