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Four Major Changes in Global Prosperity

Harvard Business Review

It was Abraham Maslow who gave us that famous observation — “when the only tool you have is a hammer, everything looks like a nail.” Over recent years, governments too have increasingly begun to realize that focusing on GDP growth alone does not necessarily lead to improvements in living standards of their citizens.

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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. Any meaningful improvement in this sector sends enormous value cascading throughout the global economy.