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Does 2010's 4th. Quarter Results Signal Good Times?

Coaching Tip

Gross domestic product (GDP)—a broad measure of all goods and services produced—grew at a 3.2% Final sales—a measure that gives a feeling for underlying demand in the economy by subtracting the change in business inventories from GDP—notched its biggest increase since 1984, growing 7.1% percentage points to GDP.

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China Wants the U.S. to Avoid the Fiscal Cliff, Too

Harvard Business Review

The world's two most significant economies will both benefit from a swift and sensible resolution of the current federal budget crisis in Washington. market growing. But they can also invest heavily in China's domestic markets. Specifically, we estimate that between 2010 and 2020, the people of China will spend $41.5

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Why Germany Dominates the U.S. in Innovation

Harvard Business Review

by 66%, manufacturing in Germany employed 22% of the workforce and contributed 21% of GDP in 2010. In 2010, just under 11% of the workforce was employed in manufacturing, and manufacturing contributed 13% of GDP. How Samsung Gets Innovations to Market. In the U.S., When Innovation Is Strategy. Innovation'

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China, America, and Copycat Economics

Harvard Business Review

In the second quarter of 2011, China's Gross Domestic Product (GDP) growth slowed to 9.5%. pace in the first quarter of 2010. From the vantage point of many in the United States, where optimistic estimates of GDP growth continue to be cut and now hover around 2%, it seems that the Chinese "problem" is a nice one to have.

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The Economic Record of the McCain Presidency

Harvard Business Review

in early 2009 were so strong that no imaginable set of policies could have avoided a deep and long recession that blew a hole in the federal budget. and GDP has grown faster. The Bernanke reappointment was a no-brainer, and the economic headwinds faced by the U.S. A more helpful comparison might be to assess the U.S.

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Why We Build Fiscal Cliffs

Harvard Business Review

Congress had a moderately successful run with budget pre-commitment mechanisms in the 1980s and 1990s, in the form of the Gramm-Rudman-Hollings Balanced Budget and Emergency Deficit Control Act of 1985 and the successor known as " paygo." In 2010, Congress voted to extend the 2001 cuts for two years.

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The Hidden Costs of Cash

Harvard Business Review

About 12% of the federal budget in 2012 supported programs that provide aid (other than health insurance or Social Security benefits) to poor families. Such government safety net programs kept some 25 million people out of poverty in 2010. While the overall costs of cash usage in all these markets are daunting, the U.S.

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