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China's Impending Slowdown Just Means It's Joining the Big Leagues

Harvard Business Review

to 8% GDP growth rate already is a significant slowdown from the nearly 10% annual pace at which China''s economy had been growing until last year. In the first, published in Asian Economic Papers last year, they reported a marked tendency toward slower economic growth when per capita incomes reach around $17,000 a year (in 2005 prices).

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Fixing the World's Infrastructure Problems

Harvard Business Review

In Jakarta, from 2005-2009, the number of cars rose by 22% annually, while the distance of usable roads actually declined (PDF). of GDP (PDF) is necessary to raise infrastructure in the region to the standard of developed East Asian countries. an estimated $100 billion per year. Pessimism rules, but it needn''t be that way.

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Morning Advantage: The Most Important Stories of 2013

Harvard Business Review

Oil was discovered in the Congo worth about 28 times its GDP. FINANCING THAT VACATION HOME IN VANUATU. Actually, the Xbox 360, which has been going strong since 2005, is slated for replacement when Microsoft unveils a new game console next year. Brazil became a net importer of people. Nothing could be easier.

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The Disruption of Venture Capital

Harvard Business Review

In November 2005, Paul Graham wrote an essay titled " The Venture Capital Squeeze." In a relatively short time, venture-backed companies have grown to account for over 20% of US GDP today. An organization's capabilities become its disabilities when disruption is afoot." – Clayton Christensen, The Innovator's Solution.

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The End of Economists' Imperialism

Harvard Business Review

Economists have also continued their imperialist habit of delving into other fields: 2005's Freakonomics , co-authored by Becker disciple Steven Levitt, was a prime example of this — and sold millions of copies. Meaning that you can never get truly scientific answers out of GDP or unemployment numbers.

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The New New International Economic Order

Harvard Business Review

Earlier this week, on April 16, the US nominee Jim Yong Kim was selected over Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo. The choice of who will lead the World Bank has been made. From less than 10% of world exports, they account for nearly 20%.

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What Alan Greenspan Has Learned Since 2008

Harvard Business Review

I tried to get Greenspan to talk me for my November HBR article on economics and finance since the crisis , but he said he’d promised his publisher to keep mum until the book was out, which was too late for my purposes. It’s true of GDP. The dot-com boom when it collapsed, you can’t find it in the GDP figures in 2001, 2002.