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How Chinese Subsidies Changed the World

Harvard Business Review

A surge in exports of Chinese panels depressed world prices by 75%. If the Chinese government sticks to its decision to stop funding unprofitable solar-panel manufacturers and support a revamping of the industry, more bankruptcies and restructurings are sure to follow. billion in 2010. In parallel, from 2004 to 2011, U.S.

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What Greece Has to Do Now: Fix Its Economy

Harvard Business Review

Greece did have some good arguments going for it: It had achieved the biggest fiscal adjustment any developed country had mustered so far , stabilized its economy, and restructured its private debt. This is precisely what it did with Greece in the first place, by not allowing it to restructure in 2010, and thus building this mountain of debt.

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GM’s Stock Buyback Is Bad for America and the Company

Harvard Business Review

In 2010 the “New GM” did one of the largest initial public offerings in history, with share sales to the public of $23.1 While the restructuring certainly helped GM return to profitability (its annual net income averaged $6.7 Their only purpose is to give manipulative boosts to GM’s stock price. Instead, U.S.

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You've Come a Medium-Length Way, Baby

Harvard Business Review

Perhaps one — in which she suggests restructuring job responsibilities to make sure they don't require more technical qualifications than they really need — might bear some thought today.). What Your Stock Price Really Means. "So many of the elements," she pointed out herself, "are simply good management procedures.

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Greece’s Problem Is More Complicated than Austerity

Harvard Business Review

Back in 2010, before the haircut, when Greece ran out of money, all of its debt was private and issued under Greek law. Effectively, between 2010 and 2012, Greece borrowed from the IMF, ECB, and EU in order to pay the banks that should have assumed the losses. And what about that price? The IMF, ECB, and EU own the rest.

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China’s Slowdown: The First Stage of the Bullwhip Effect

Harvard Business Review

Since 2000, the Chinese economy has been growing at an increasing rate — from 6% per year in 2000 to 12% per year in 2010. This is exactly what happened during 2010 and 2011 as the global economy was bouncing back.) With this in mind, some companies used the 2008 financial crisis and the Great Recession to their advantage.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

A 2010 meta-analysis detailed many of the different issues that make divestiture so hard to evaluate consistently. In parallel, it reduced its fixed costs by restructuring its industrial footprint and overhead structure; increasing sales, marketing, and R&D expenditures in targeted areas; and dramatically reducing working capital.