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Why Mass Migration Is Good for Long-Term Economic Growth

Harvard Business Review

By one estimate , the number of international migrants worldwide reached 244 million in 2015, up from 222 million in 2010, and 173 million in 2000. Higher diversity is therefore associated with lower productivity, which inhibits the capacity of the economy to operate efficiently. International migration is on the rise.

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China’s Economy, in Six Charts

Harvard Business Review

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Foreign investors have flocked to the country’s shores as many of the world’s largest manufacturers have established operations there. percentage points of GDP growth in 1979-1989, 0.5

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How to Successfully Work Across Countries, Languages, and Cultures

Harvard Business Review

Prior to 2010, Rakuten had been a multilingual global company. What’s more, the subsidiaries operated more or less autonomously, each with separate organizational cultures and norms. But in 2010, Rakuten mandated an English-only policy for its workforce of over 10,000 employees. It consists of five key actions.

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These 6 Sectors of Africa’s Economy Are Poised for Growth

Harvard Business Review

Lower resource prices and higher levels of sociopolitical instability have taken their toll: Africa’s real GDP grew at an average of 3.3% a year between 2010 and 2015, considerably slower than the 5.4% from 2000 to 2010. from 2010 to 2015, compared with 4.1% between 2000 and 2010.

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Promoting Entrepreneurship in Vulnerable Economies

Harvard Business Review

Especially in the world's most fragile states, economic development is critical to stability. 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. SME owners face a slew of obstacles in conflict zones.

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China, America, and Copycat Economics

Harvard Business Review

In the second quarter of 2011, China's Gross Domestic Product (GDP) growth slowed to 9.5%. pace in the first quarter of 2010. From the vantage point of many in the United States, where optimistic estimates of GDP growth continue to be cut and now hover around 2%, it seems that the Chinese "problem" is a nice one to have.

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Stop Focusing on Profitability and Go for Growth

Harvard Business Review

Global capital balances more than doubled between 1990 and 2010 — from $220 trillion (about 6.5 times global GDP) to more than $600 trillion (9.5 times global GDP). Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP.

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