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The Economic Value Of Speaking Other Languages

The Horizons Tracker

If pupils in the UK could increase their learning of Arabic by about 10%, this would correspond to GDP growth of up to £12.6 ” “However, the UK has experienced a sharp decline overall in the uptake of languages since 2004. . billion over 30 years.

GDP 123
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The Real Reason Companies Are Spending Less on Tech

Harvard Business Review

As a percentage of GDP, it’s now back to mid-1990s levels: There’s a version of the chart above in the much - discussed paper that MIT economist David Autor presented last week at the Federal Reserve’s annual Jackson Hole meeting. After the dot-com bubble, investment in software and information processing equipment in the U.S.

GDP 14
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Oil’s Fall Is a Challenge for Gulf Economies, but Also an Opportunity

Harvard Business Review

The recent sharp decline in the oil price has undoubtedly altered the economic outlook for the GCC economies as a whole. After a period of sustained real GDP growth, which averaged around 5.8% After a period of sustained real GDP growth, which averaged around 5.8% of GDP in 2015 and 2016. in 2015 and 3.2%

GDP 8
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Reinhart, Rogoff, and How the Macroeconomic Sausage Is Made

Harvard Business Review

I couldn''t help but think back to that as controversy erupted this week over Harvard economists Carmen Reinhart and Kenneth Rogoff''s oft-cited three-year-old finding that economic growth plummets when a country''s debt-to-GDP ratio exceeds 90%. growth in countries with debt/GDP of more than 90%, they came up with 2.2%

GDP 9
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Warning Signs from the Chinese Stock Market

Harvard Business Review

And right now, the Chinese stock market continues to flash multiple warning signs of a sharp economic slowdown. After all, real GDP growth in China continues to hit rates near 10% year after year — and decade after decade! But as the rates of GDP growth continue to stagnate in both Europe and the U.S.

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Would You Rather Have Brazil’s Economic Problems or America’s?

Harvard Business Review

In Brazil, rapid growth in the working-age population and rising labor-force participation have been boosting GDP for years, but have now pretty much run their course. But in sharp contrast to the situation in Brazil, productivity has been rising faster than wages in the U.S. The country’s fertility rate has fallen from 4.1

GDP 11
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Making the Choice Between Money and Meaning

Harvard Business Review

There is indeed a stark, sharp, gigantic trade-off between meaning and money in our so-called brain-dead shell-game Ponzi-scheme of an "economy.". So that there's not a sharp, painful trade off between meaning and money; so that bankers don't earn hundreds of times what teachers do. Is there a trade-off between meaning and money?

Sharpe 21