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Promoting Entrepreneurship in Vulnerable Economies

Harvard Business Review

Foreign aid, which can account for to up to 97 percent of a nation's GDP, is neither a long-term nor a sustainable solution to help the citizens of these fragile countries. They advise entrepreneurs on areas including finance, marketing, customer service, and human resources.

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Globalization Is Becoming More About Data and Less About Stuff

Harvard Business Review

What links the world together has changed fundamentally — and for many companies, succeeding in this new operating environment will require rethinking many past decisions and assumptions. Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business Review

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. they account for 50% of employment and 45% of GDP. Owning up to our own behavioral biases is a worthwhile starting point to discussing the problem of managing infrequent, severe events. Data from the U.S. In the U.S.,

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The Case for Investing More in People

Harvard Business Review

In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. Managed by Q, a cleaning and office services company in New York City, decided to pay employees higher wages than the prevailing market rate. And wages are stagnant.