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Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

The bailout was small compared to the sums the Troika gave Greece (€240 billion in two rounds), Spain (€100 billion), and Ireland (€85 billion), and the latter was a significant percentage of Cyprus’ GDP of €17.7 in 2013; and by an estimated 2.8% billion in 2012. in 2012; 5.4% of its youth without jobs.

GDP 8
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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.

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Building a Better Bitcoin

Harvard Business Review

The only way you can avoid losing money on your investment is for a greater fool to come along — in the case of real estate, a greater fool backed by an even-greater-fool lender — and take the asset off your hands. Since then the focus has moved on to inflation or, recently, nominal-GDP targeting.

Price 9
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India’s Botched War on Cash

Harvard Business Review

Supply chain transactions, real estate deals, and even weddings and funerals have been frozen. This disruption originates not from one of the e-wallet insurgents or from one of the global payments mega-players, but has been engineered top-down by the government. Related Video. Where the Digital Economy Is Moving the Fastest.