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The Economic Impact of the Japanese Disasters

Harvard Business Review

Analysts have already reduced forecasted GDP growth rates for Japan by 0.5% Bold recovery plans would seem to be in order, but how that response is financed holds great import for Japan's economic future. for the first quarter of this year, and by more than 1.5% for the second quarter. The financial consequences are equally alarming.

GDP 15
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Technology Is Changing Transportation, and Cities Should Adapt

Harvard Business Review

Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25 McKinsey and Bloomberg New Energy Finance have estimated that in 50 metropolitan areas worldwide, a rapid transition to advanced mobility systems could yield $600 billion in societal benefits through 2030.

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Will Greece Survive the Crisis?

Harvard Business Review

GDP shrunk this year by 5.5% Our horrendous public debt is compounding and the public debt to GDP ratio will soon hit almost 200%, a level that can force our country to default on a most of what it owes. Consumption continues to drop. Construction has decreased by 40% and small shops are closing at a rapid rate.

Crisis 14
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Globalization Is Becoming More About Data and Less About Stuff

Harvard Business Review

Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. We find that over the last decade, global flows of goods, services, finance, people, and data have contributed at least 10% of world GDP, adding $7.8 The same is true for cross-border financial flows.

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The 4 Types of Cities and How to Prepare Them for the Future

Harvard Business Review

Characteristics: Most physical and institutional structures are already in place in these megacities, but with fast-growing populations and severe congestion, there is an opportunity to create value by improving efficiency and livability, and there is a market of customers with cash to pay for these benefits.

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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. ” Adesina competed for the AfDB presidency against several accomplished bankers and finance ministers. Six years after the global recession began, many parts of the world are still struggling to achieve growth. “I see the sparkle in the eyes of a few.

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The Danger of Turning Cynical About Silicon Valley

Harvard Business Review

By this logic, there’s no reason to applaud the growing number of graduates from top universities opting for jobs in startups and tech rather than finance. GDP, according to Harvard Business School professor Josh Lerner , venture-backed companies made up more than 11% of public firms as of 2011, with a total market value of $25.9