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Economic Development in America

Coaching Tip

According to Census Bureau data from 2013, about 4.8 This is not a short-term supply-and-demand issue or a side effecto of a slow-growth economy or shift in demographics. Source: INERTIA NATION, New York Times Magazine, December 15, 2013. million Americans moved across state lines in the previous year. million in 1999.

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Where your company is headquartered makes a big difference to your bottom line

Strategy Driven

Real estate is unaffordable for many, competition for talent and investment is fierce, and high state and local taxes and labor costs quickly consume whatever capital startups have secured. In layman’s terms, venture capitalists don’t want to fly across the country for a board meeting.

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Africa’s Companies Need to Become More Like Training Schools

Harvard Business Review

In June 2013, some Harvard Business School classmates and I launched a social enterprise ( WAVE: West Africa Vocational Education ) targeted at the youth unemployment issue. In the hospitality sector, for example, they invest upfront into luxury real estate and equipment, but rarely into training programs.

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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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Early Lessons from India’s Demonetization Experiment

Harvard Business Review

Short of any singing, dancing, and costume changes, this sequence could have been taken from Bollywood, a movie industry widely known for its fantastical flights of fancy. The remaining was invested in business, stocks, real estate, jewelry, or “benami” assets, which are bought in someone else’s name.

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Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

In short, the health of American small businesses depends significantly on credit. The majority of small businesses rely on such loans, and in the fall of 2013 alone, 37% of small businesses applied for credit. In contrast, several longer-term structural factors are contributing to the dearth of small business lending.