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Why Is Technology Not Producing Productivity Improvements?

The Horizons Tracker

The recent Global Innovation Index raised concerns that we’re leaving through a Solow redux, with considerable investments in technology, innovation, and entrepreneurship failing to deliver the kind of productivity improvements that improve the lot of people across society. “The

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The Future Of Business Travel

The Horizons Tracker

We’ve been puzzled by the fact that business travel has been growing faster than world GDP, despite the widespread adoption of alternatives like Skype, FaceTime, email, etc.,” Before the pandemic struck, global business travel was on a seemingly unstoppable upward march and had reached $1.3 the researchers say. “We

Travel 126
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Local Solutions Needed To Reduce Labor Shortages

The Horizons Tracker

Globally, unemployment has been at very low levels for some time, creating the impression of a healthy economy. Compared to other countries, the UK spends relatively little of its GDP on active labor market programs, including public employment services.

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Leading Job Growth in the Digital Economy

Harvard Business Review

Consider the global trends cited by Erik Brynjolfsson and Andrew McAfee in a recent interview with HBR. In most countries, both developed and developing, private employment and median family income have stopped growing at the same pace as labor productivity and real GDP per capita—mostly due, they argue, to technological advances.

GDP 8
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A Plan to Revitalize Greece

Harvard Business Review

However, as much as macroeconomic reforms are needed, the future of the Greek economy will be determined by its competitiveness, which concerns costs, but is also measured by innovation. The key to such a change is developing an innovation-oriented industrial structure and a well-functioning innovation system.

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China, America, and Copycat Economics

Harvard Business Review

In the second quarter of 2011, China's Gross Domestic Product (GDP) growth slowed to 9.5%. From the vantage point of many in the United States, where optimistic estimates of GDP growth continue to be cut and now hover around 2%, it seems that the Chinese "problem" is a nice one to have. That was down from 9.7%

GDP 13
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Fixing the World's Infrastructure Problems

Harvard Business Review

of GDP (PDF) is necessary to raise infrastructure in the region to the standard of developed East Asian countries. Just to keep pace with anticipated global GDP growth, the world needs to spend $57 trillion , or on average $3.2 Global business Productivity Transportation PDF' There are three routes to getting there: 1.