Harvard Business Review

MARCH 14, 2017

The existence of this parallel economy is a substantial drag on the Indian economy: According to recently released data , only about 1% of Indians paid taxes on their earnings in 2013. The remaining was invested in business, stocks, real estate, jewelry, or “benami” assets, which are bought in someone else’s name.

Banking 11

Banking GDP Policies Real Estate 11

Harvard Business Review

JANUARY 11, 2013

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.

Industry 9

Industry Real Estate Telecommunications Energy 9

Harvard Business Review

DECEMBER 14, 2016

Supply chain transactions, real estate deals, and even weddings and funerals have been frozen. According to a 2013 Mastercard study , India was in the “Inception” category of both absolute level of cashlessness and the trajectory of change. Related Video. Where the Digital Economy Is Moving the Fastest.

Banking 8

Banking Cost Policies Supply Chain 8

Harvard Business Review

MARCH 10, 2015

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

GDP Real Estate Tourism Long-term 8

Harvard Business Review

APRIL 9, 2013

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

Price Constraint Real Estate GDP 9

Harvard Business Review

NOVEMBER 21, 2012

So now, in 2013, they're all due to expire. This product of the debt limit battle of 2011 set up a bipartisan "super committee" of legislators charged with coming up with a deal to the reduce the deficit, with $100 billion or so in Gramm-Rudman-style sequestration to follow in 2013 if the super committee failed (which it of course did).

Budgeting 8

Budgeting Bond Committee Commitment 8