Reason Why 2013 Stock Prices are in the Stratosphere

Coaching Tip

Let''s normalize this indicator to GDP and see what we have. Margin debt as a percentage of annual GDP is still 10 times the 1974 level. Margin debt is up 100 times in the last 39 years.

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Jeff Henderson – Catalyst 2013

Ron Edmondson

Charitable giving in US has remained at 2% of GDP since 1970. The post Jeff Henderson – Catalyst 2013 appeared first on Ron Edmondson. Jeff Henderson was one of my favorite speakers at this year’s Catalyst Conference. His talk was on what non-profits can learn from for profits. One reason I identify with Jeff is because of his background in the business world.

The Economic and Social Impact of Language

Mills Scofield

Consequently, we aren’t being prepared for engagement in a country with a $2,100 per capita GDP. With the rise of China, India and other Asian countries, what languages do we teach in school? Bengali? Punjabi? Think this is a bit of an issue for our economic and political future?

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What Fatherhood Can Teach Us About Leadership

LDRLB

Countries represent 65% of global GDP and include Brazil, Canada, China, Chile, France, Germany, India, Indonesia, Japan, Mexico, South Korea, United Kingdom and The United States).

Complimentary Resource – Economist: Smart SMBs Fine-Tuning the Engines of Growth

Strategy Driven

In the latest forecasts from The Economist Intelligence Unit, global GDP growth for 2013 has been revised down to 3.1% – only slightly up on GDP growth for 2012 (2.9%). Economist: Smart SMBs Fine-Tuning the Engines of Growth. by Symantec Corporation.

Forget GDP — We Need Numbers That Matter for the Questions We Have

Harvard Business Review

No single number has become more central to society in the past 50 years than GDP — Gross Domestic Product. government released its revised estimate for GDP for the last three months of 2013. GDP very purposefully excludes whole swaths of human existence, from domestic work to volunteer activities to cash transactions not recorded by the government. The limitations of GDP have long been recognized. Academics have also joined the post-GDP party.

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Languages Your Company Should Speak (But Has Never Heard)

Harvard Business Review

Back in 2003, Mark Davies carried out an important analysis of gross domestic product (GDP) by language use. of the world''s GDP. Communication Customers Global business GDP

Morning Advantage: The Most Important Stories of 2013

Harvard Business Review

Oil was discovered in the Congo worth about 28 times its GDP. All of which points to a 2013 that looks nothing like 2012. While attention was focused on the rise of the Latino vote, Asians overtook Latin Americans as the fastest-growing immigrant group in the U.S, Foreign Policy reports in this intriguing list of the 10 most overlooked stories of 2012. Brazil became a net importer of people. EU member Cypress turned to Moscow for its bailout funds.

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). Despite these impressive achievements, there is still plenty of room for catch up, with China’s per capita GDP only a fifth of the U.S.

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

Harvard Business Review

The plan is expected to outline policies intended to ensure that China continues to see average annual GDP growth of 7% through this decade, the growth rate required to meet Premier Li Keqiang’s stated goal of doubling GDP by 2020.

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Four Major Changes in Global Prosperity

Harvard Business Review

Over recent years, governments too have increasingly begun to realize that focusing on GDP growth alone does not necessarily lead to improvements in living standards of their citizens. Put simply, what’s good for increasing GDP may not be good for the long-term betterment of society.

Solving the Internet's Congestion Problem

Harvard Business Review

An open, neutral internet has been a force for sweeping social change: democratizing information, commerce, and access to jobs, triggering GDP growth and a rising standard of living.

How Big Should Government Be?

Harvard Business Review

Lindert found essentially no correlation between levels of social spending (expressed as a percentage of GDP) and economic growth in wealthy nations in the post-World War II era. in 2010, government spending's share of GDP in the U.S.

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China Can’t Be a Global Innovation Leader Unless It Does These Three Things

Harvard Business Review

of GDP in 2012 from 1.1% Thomson Reuters’ 2013 ranking of the world’s top 100 innovators doesn’t include a single company from China.

The Fallacy of the "China Defense"

Harvard Business Review

January 2013: Wind power is now the number 3 source of energy in China (passing nuclear). As those tree-huggers at McKinsey and PwC UK have calculated, we need to decarbonize at a rapid rate — about 5 percent less carbon per dollar of GDP every year until 2050.

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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. It’s been a great millennium for Brazil, so far.

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How to Help Cyprus Help Itself

Harvard Business Review

The economist Robert Shiller has suggested issuing bonds that are linked to GDP, arguing that "the opportunity to participate in the uncertain economic growth of the issuer might well excite, rather than scare off, investors — just as it does in the stock market.". Let's suppose that Cyprus' average GDP growth rate is 4% and that the fixed interest rate on their rescue loan is 3%. But if after, say, 10 years, GDP growth were to hit 7%, the bondholders would receive 6%.

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Fixing the World's Infrastructure Problems

Harvard Business Review

of GDP (PDF) is necessary to raise infrastructure in the region to the standard of developed East Asian countries. Just to keep pace with anticipated global GDP growth, the world needs to spend $57 trillion , or on average $3.2

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As Emerging Markets Slow, Firms Search for “New” BRICs

Harvard Business Review

For example, on the Indonesian archipelago, supply chain and distribution logistics present serious challenges — with logistics costs at 24% of GDP, compared with the regional average range of 9-11%. Petersburg allows companies to build market share, strengthen their competitive position, drive profitability, and contribute to long-term sustainability in Russia – and it’s worth remembering that 64% of Russia’s GDP sits outside of the these two cities.

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Countries with Better English Have Better Economies

Harvard Business Review

Indicators like gross national income (GNI) and GDP go up. Billions of people around the globe are desperately trying to learn English—not simply for self-improvement, but as an economic necessity.

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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. China''s era of spectacular economic growth is coming to an end.

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China's Smaller Cities Are Home to Growing Middle Class

Harvard Business Review

Last week Chen Demin, China's commerce minister, offered an upbeat outlook for China's overall 2013 economy , forecasting steady improvement in domestic consumption and investment, and predicting that foreign direct investment over the coming year would also remain stable.

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Millennial Women Aren't Opting Out; They're Doubling Down

Harvard Business Review

It also doesn''t include people who are actively contributing to GDP by working as volunteers or interns — roles that have become increasingly attractive to cost-cutting companies, and to experience-desperate would-be workforce entrants.

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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% The initial Reinhart-Rogoff research seemed to indicate a sharp dropoff in average growth after debt passed 90% of GDP.

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The Global Rise of Female Entrepreneurs

Harvard Business Review

If women''s labor participation were closer to male participation, it would contribute $1T to GDP in emerging economies — women led businesses are key to this opportunity. Women''s entrepreneurship has hit a media tipping point.

Saving Academic Medicine from Obsolescence

Harvard Business Review

of the GDP on healthcare in 2012. The United States spent 17.9% Academic medicine, which makes up, approximately, 20% of these costs ($540 billion), is under profound threat.

The Politics of China’s Economic Adjustment

Harvard Business Review

One consequence was that while the lives of ordinary Chinese improved at a pace perhaps unmatched in human history, the share of China’s GDP retained by the state sector and the political elite actually increased more, as they benefited disproportionately from Chinese growth.

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How To Choose The Next Head of the Fed

Harvard Business Review

The financial industry accounts for about 8% of GDP, but about 32% of corporate profits.

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Venezuela's Chance to Escape the "Resource Curse"

Harvard Business Review

In Venezuela, it's 330 percent of GDP according to the IMF. What's next for Venezuela's economy, in the post-Chavez era? To find out, I called Francisco Monaldi , Robert F. Kennedy Visiting Professor of Latin American Studies at the Harvard Kennedy School, and Professor at Instituto de Estudios Superiores de Administracion (IESA) in Caracas, Venezuela. He's a leading authority on the politics and economics of the oil industry in Latin America and developing countries.

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Value-Based Health Care Is Inevitable and That’s Good

Harvard Business Review

The Centers for Medicare and Medicaid Services predicts that without major change, it will account for more than 20% of GDP by 2021, up from 5.2% Vaccines. Anesthesia. Penicillin. Bypass surgery. Decoding the human genome. Unquestionably, all are life-saving medical breakthroughs.

The European Union: A Failed Experiment

Harvard Business Review

Further, the more drastic the austerity (measured by calculating spending cuts and tax increases as a percentage of GDP), the greater the economic downturn. How long can this go on?

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Embrace Work-Life Imbalance

Harvard Business Review

Unsurprisingly, the 10 most workaholic nations in the world account for most of the world's GDP. Why is everybody so concerned about work-life balance?

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When Work Is Challenging, Economies Thrive

Harvard Business Review

It''s not as if we''re spending a huge percentage of GDP on it, it''s not that. "In economics, consumption is the sole end of production," the late, great Swedish economist, politician, and social commentator Gunnar Myrdal wrote in 1930.

Business Can't Solve the World's Problems — But Capitalism Can

Harvard Business Review

from 2% of GDP to just 3%, that would amount to an additional $150 billion in annual giving. Business and capitalism get conflated — in our media, our language and in our thinking. They are not the same thing. One is a sector, the other a methodology.

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Solving the Internet's Congestion Problem

Harvard Business Review

An open, neutral internet has been a force for sweeping social change: democratizing information, commerce, and access to jobs, triggering GDP growth and a rising standard of living.

Why President Kagame Runs Rwanda Like a Business

Harvard Business Review

In fact, it is among the leaders contributing to our GDP growth, with huge potential. In Western business circles, Rwandan President Paul Kagame is widely regarded as a hero.

How Credit-Worthy Is America, Inc.?

Harvard Business Review

In addition, Japan has roughly twice the debt to GDP ratio of the United States. The United States debt-to-GDP ratio, in comparison, is only about 1-to-1. Last month, the government was partially shut down for 16 days at a cost of $24 billion and we came within two days of running out of money to meet our debt obligations. The current government funding will run out in January.

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To Improve African Education, Focus on Technology

Harvard Business Review

With Facebook’s $115 billion market cap on its IPO day, Mark Zuckerberg created wealth nearly equivalent to half of Nigeria’s GDP in 2012. The value created by Facebook and a few other tech IPOs exceeds the GDP of most African regions. Africa is a hopeful continent with an exuberance driven by minerals, hydrocarbon, and commodities. These present drivers of its economy, however, are under threat from technology.

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America’s Economy Is Officially Inside-Out

Harvard Business Review

Given that the growth rises even as life expectancy, mobility, and educational attainment fall — that GDP expands even as the lives of the vast majority contract from shrinking health, intelligence, income, wealth, relationships, stability, security, meaning, and purpose — I suggest we call it a Great Inversion. This is the first generation of Americans in modern history expected to enjoy lower living standards than their forebears.

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Behind China's Roaring Solar Industry

Harvard Business Review

Earlier this week, China's National Energy Administration announced its intention to add 10 gigawatts of solar power capacity in 2013 , more than twice its current level. More than 15 percent of the country's investment goes into real estate, and around 12 percent of GDP comes from property-related industries.

"Alternatives" Isn't a Dirty Economic Word

Harvard Business Review

the UK, Hong Kong, and Japan — all capitalist countries, sure, but with dramatically different forms of capitalism and roles for government (government spending is well more than 50% of GDP in Finland and less than 20% in Hong Kong ). GDP (adjusted for purchasing power), which gives us Luxembourg, Macao, Norway, Singapore, Brunei Darussalam, Switzerland, Hong Kong, U.S., There Is No Alternative.

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The Danger of Turning Cynical About Silicon Valley

Harvard Business Review

GDP, according to Harvard Business School professor Josh Lerner , venture-backed companies made up more than 11% of public firms as of 2011, with a total market value of $25.9 Silicon Valley is losing its luster, at least among elite opinion-makers.

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Name the Trade Rep, Mr. President

Harvard Business Review

The Trans-Pacific talks have involved 11 developed and developing Pacific Rim nations with a combined GDP of $40 trillion,and which recently got a jolt of energy and complexity when Japan (GDP=$6 trillion) joined the negotiations. The US-EU talks, for example, can not only have economic benefits (reduced costs/higher GDP in both regions without stimulus spending) but also geopolitical ones (refreshing the transatlantic alliance and rule of law market economies).

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