Remove Banking Remove GDP Remove Technology Remove Working Capital
article thumbnail

China’s New Development Bank Is a Wake-Up Call for Washington

Harvard Business Review

Here is a brief synopsis of what we missed: Under Chinese stewardship, a new and potentially disruptive player in the development banking landscape, the Asian Infrastructure Investment Bank (AIIB), which was initially proposed in 2013 by President Xi Jingping, gathered steam. led World Bank ($2223.2 And once again, the U.S.

article thumbnail

Why Multinationals Are Doubling Down on Russia

Harvard Business Review

And while two years of shrinking GDP growth , sanctions , and a volatile ruble have led some companies like GM to leave the market, there has not been a large-scale exodus of MNCs from Russia. Why Russia is still attractive. Russian executives have experienced multiple crises and high volatility, as well as returns to strong growth.

article thumbnail

How One CEO Grows Her Business with Feeling

Harvard Business Review

In South Asia and sub-Saharan Africa, another long-term study found that "more equal education between men and women could have led to nearly 1 percent higher annual per capita GDP growth" in each country. While interning in Mozambique in 2005 for the one-person (!) I've found," says Scharpf, "that the common language is the one of emotion.".