The Horizons Tracker
OCTOBER 12, 2020
New research from MIT sets out to understand precisely why the labor share of GDP has fallen from 67% in 1980 to just 59% today. The discontent from economists has mainly arisen due to the remarkable stability of labor’s share of GDP throughout the 20th century. “That’s our key point.” ” Superstar firms.
Harvard Business Review
JUNE 26, 2012
In 2011, U.S. debt was 98% of GDP, its deficit 10% of GDP; Spanish debt was 69% of GDP, its deficit 8.5% Finance Minister Domingo Cavallo (himself a Harvard economics Ph.D.) To cover this deficit, Mexico had to borrow 7% of GDP a year. Why can the U.S. The difference isn't their debt and deficits.
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Harvard Business Review
APRIL 9, 2012
current account deficit, which measures the gap between what the country takes in from export income, investment income, and cash transfers and what it pays out, peaked at nearly 6% of GDP in 2006 and was down to 3.1% of GDP in 2011. But it will be the end of the remarkably free-wheeling era in global finance and U.S.
Harvard Business Review
APRIL 11, 2013
Just a few examples illustrate some of the pressing issues: South Africa''s power distribution network has an estimated maintenance backlog of $4 billion — equivalent to half of the country''s total investment in electric power generation and distribution in 2011. an estimated $100 billion per year.
Harvard Business Review
AUGUST 2, 2013
to 8% GDP growth rate already is a significant slowdown from the nearly 10% annual pace at which China''s economy had been growing until last year. China, with a per capita GDP of $7,827 in 2011 (in 2005 dollars, according to the latest edition of the Penn World Tables ), is getting close to that first landmark.
Harvard Business Review
JULY 9, 2012
Once the deal has been done, let's say that the ESM now owns stock in a bunch of banks with no upside assets to speak of in an economy (Spain) with 25 percent unemployment and collapsing GDP growth. The Irish government, with a GDP in 2011 of close to 160 billion euros, has committed at least 64 billion euros to its banks.
Harvard Business Review
DECEMBER 17, 2013
By this logic, there’s no reason to applaud the growing number of graduates from top universities opting for jobs in startups and tech rather than finance. GDP, according to Harvard Business School professor Josh Lerner , venture-backed companies made up more than 11% of public firms as of 2011, with a total market value of $25.9
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