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Why Are Workers Are Getting A Smaller Piece Of The Economic Pie?

The Horizons Tracker

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.

GDP 63
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Fixing the World's Infrastructure Problems

Harvard Business Review

We all have a stake in the infrastructure surrounding us — the roads, buildings, power lines, and telephone networks that we rely on daily. of GDP (PDF) is necessary to raise infrastructure in the region to the standard of developed East Asian countries. an estimated $100 billion per year.

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Fighting Inflation, Ruining Economies

Harvard Business Review

In 2011, U.S. debt was 98% of GDP, its deficit 10% of GDP; Spanish debt was 69% of GDP, its deficit 8.5% As inflation rose in the 1970s — because of labor-union muscle, two powerful oil shocks, printing money, and other factors — this view gained adherents. Why can the U.S. Imports surged.

GDP 9
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Interview with Sramana Mitra on 1M/1M Program

Rajesh Setty

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. This, of course, doesn’t mean that we discourage entrepreneurs to seek financing.

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Democracy's Debt Dilemma

Harvard Business Review

And at that time, the United States had a public debt/GDP ratio of around 65% — a number that has since passed 100%. According to The Economist , the world's governments currently hold debts of approximately $45 trillion (relative to a world GDP of $65 trillion ). Nearly every major democracy is now struggling with public debt.

GDP 12
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Doing Business in a Post-Fidel Cuba

Harvard Business Review

With a limited financial system, Cuba lacks the domestic savings to raise fixed capital investment above the current level of 10% of GDP (half the average of Latin America). At the last Congress, in 2011, Raul Castro had announced plans to introduce new market reforms and attract foreign investment. An economic crossroads.