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The Economic and Social Impact of Language

Mills Scofield

Think this is a bit of an issue for our economic and political future? Consequently, we aren’t being prepared for engagement in a country with a $2,100 per capita GDP. That does not reflect the skills the next generation will need as we face the political, social, economic and environmental battles of our shared future.

Education 169
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Wise Economic Decision Making

Coaching Tip

Wouldn't it be nice if our business, economic and political leaders had the honor and integrity to rise above their workday pressures and made decisions for the common good ? percentage points from GDP, based on the average of 2010's first three quarters. In 2005, housing accounted for 6.1 percent of economic activity in the U.S.

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What Has the Eurozone Learned from the Financial Crisis?

Harvard Business Review

It took a second recession in Europe, along with a change in leadership before the ECB undertook to do “whatever it takes” to save the Euro. Mario Draghi (who replaced Claude Trichet as ECB president) took interest rates down to zero and after difficult political negotiations, put a QE plan in place by 2015.

Crisis 8
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The Three Reforms China Must Enact: Land, Social Services, and Taxes

Harvard Business Review

China’s global economic power continues to grow, yet the decision-making dynamics of its top leadership remain a mystery. Standing in opposition are the politically powerful local governments, which have plenty to lose. This complicates the ability of outsiders to understand the purpose for and implications of policy changes.

GDP 8
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What Africa’s Leaders Have Learned About Facing Huge Challenges

Harvard Business Review

There is a sea change going on in African leadership. Since 2000, for example, Rwanda has racked up average annual GDP growth in excess of 8%—exceeding 12% during some quarters of the Great Recession. Great leadership rarely is. ” Leadership usually is. The first job of leadership is to focus attention.

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How Happy Is Your Organization?

Harvard Business Review

It was hosted by Bhutan, a small but visionary country which famously uses Gross National Happiness (GNH) instead of Gross Domestic Product (GDP) to index its progress. As this issue of HBR makes clear, happy, engaged employees are good for the organization.

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Egypt, Libya, and the Folly of the BRICs

Harvard Business Review

They are very populous, Muslim-majority countries, all facing constant political unrest and on the brink of collapse. What do Egypt, Iran, Pakistan, and Nigeria all have in common? This approach may not yield sexy categories like BRICs, but is far more likely to teach us that not all emerging markets actually emerge.

Banking 14