Remove 2016 Remove Depreciation Remove GDP Remove Operations
article thumbnail

The Best-Performing Emerging Economies Emphasize Competition

Harvard Business Review

For our research , we looked at 71 emerging economies and identified 18 that achieved rapid and consistent GDP growth over the past 50 and 20 years. These firms also invest almost twice as much as their advanced economy peers, measured as a ratio of capital spending to depreciation.

article thumbnail

Companies Shouldn’t Wait to Prepare for the Post-Brexit World

Harvard Business Review

The depreciation of sterling has driven up the price of the UK’s import bill by 13% (on average) since the vote, which, if fully passed on, translates into a ~6% drop in disposable income. A critical role of exports is to pay for imports, but even a steep depreciation does not guarantee an improved trade balance.