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How Credit-Worthy Is America, Inc.?

Harvard Business Review

In financial terms, and especially with regards to credit, governments are no different. As the CEO of a credit business, I’m in a unique position to take a look at how the US actually stacks up. In addition, Japan has roughly twice the debt to GDP ratio of the United States. Longevity is also important.

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Africa’s Unique Opportunity to Promote Inclusive Growth

Harvard Business Review

For the last decade, Africa’s GDP has been growing quickly. The AfDB has the strongest credit rating of any organization in Africa and in 2008, it surpassed the World Bank in lending to Africa , a signal of Africa’s growing agency in its own development. China, and most countries of Western Europe.

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The Real Challenge to Turkey’s Economy Isn’t Terrorism

Harvard Business Review

Turkey can’t rely on the current price stability buffer long-term, but it is helping now. It covers roughly 70% of Turkey’s GDP. Turkey’s general credit rating is still higher than that of Brazil, Croatia, Portugal, Cyprus, and Serbia. If they rise, a more problematic picture will emerge.

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Why We Build Fiscal Cliffs

Harvard Business Review

Then there's reconciliation , a process included in a 1974 budget law with a very narrow purpose in mind that was soon exploited by Senate Finance Committee Chairman Russell Long to get tax and spending legislation passed without a 60-vote Senate supermajority. credit rating but no observable increase in interest rates.