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Morning Advantage: The Sky Is Falling, but the Ceiling Is Fine

Harvard Business Review

GDP growth in emerging markets is slowing. So commences McKinsey Quarterly's report on the firm's latest survey on global economic conditions (which was in the field during the week leading up to the Greek elections). Indeed they are at their lowest since March 2011, according to the report. "The euro’s future is in limbo.

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These 6 Sectors of Africa’s Economy Are Poised for Growth

Harvard Business Review

In 2011, we published an article in HBR examining the surprisingly rapid growth of African economies and consumer markets. Lower resource prices and higher levels of sociopolitical instability have taken their toll: Africa’s real GDP grew at an average of 3.3% a year between 2010 and 2015, considerably slower than the 5.4%

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The Hidden Costs of Cash

Harvard Business Review

India, where about 60% of adults are unbanked according to McKinsey, is also a cash-heavy economy for transactions and high in its use of gold as a store of value. Not only is cash prevalent, its use as a percentage of GDP has been increasing by about 2% over the past two decades, possibly because of concerns about inflation.

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There’s a Gender Gap in Internet Usage. Closing It Would Open Up Opportunities for Everyone

Harvard Business Review

We find that every percentage in growth of digital uptake over the period 2008-2011 leads to a positive growth rate of gender digital inclusion over the period 2011-15 by about 2.3%. We see this as further evidence that digital uptake contributes to wider benefits across the economy and in narrowing the gender gap.

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Do We Need A Recruitment Agency For Robots?

The Horizons Tracker

They explored data across 28 different industries in 17 countries over a period spanning 1970 to 2011, during which 71 economic recoveries occurred. Indeed, a 1% increase in investment correlates with a growth in GDP per capita of 0.03%. Suffice to say, investment in robotics and automation has not been spread equally around the world.

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The Triumph (and Challenge) of Climate Math

Harvard Business Review

To answer these tough questions, we can turn to two of the world's best number crunchers, McKinsey and PwC (full disclosure: I have a consulting partnership arrangement with PwC US). For perspective, in 2011 carbon intensity improved just 0.8%. 260 billion : Global clean energy investment in 2011. How fast do we have to change?

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The Missing Political Debate Over the Digital Economy

Harvard Business Review

A 2011 McKinsey study estimated that the internet accounted for 21% of GDP growth over the previous five years among the developed countries studied, a sharp increase over the 10% contribution over the 15 years prior. Consider some sobering analysis from McKinsey based on an analysis of over 750 occupations.