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The Joy of Facts

Next Level Blog

My favorite Moynihan quote is my favorite because it so aptly describes the root cause of the failure of leadership that so much of the American public is concerned about today. leads the world in health expenditures as a percentage of GDP at 16.5%. ranks only tenth in the world in terms of low infant mortality rates.

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What Greece Has to Do Now: Fix Its Economy

Harvard Business Review

As for its official debt to the EU, the ECB, and the IMF, it consisted largely of payments that were made to pass through to EU financial institutions, between 2010 and 2012, so that the Eurozone banks and insurance companies would not be imperiled. So, clemency on loan terms might make procedural sense. This looks unlikely.

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The New New International Economic Order

Harvard Business Review

There is a much more important change in the global distribution of power underway, and the play for leadership of the World Bank signals that emerging markets will be increasingly bold in asserting their views about the management of the global economy. In short, the age of Post-Western globalization is upon us.