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Nigeria’s GDP Just Doubled on Paper: What It Means in Practice

Harvard Business Review

Earlier this week, Nigeria ascended to the position of Africa’s largest economy following a recalculation of its GDP by the country’s National Bureau of Statistics. The long overdue exercise (the last one was in 1990) nearly doubled the country’s economy pushing GDP up to $510bn from $270bn. Post announcement, the ratio is 18%.

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The Real Reason the German Labor Market Is Booming

Harvard Business Review

Considering how Germany anchors a European continent plagued by high unemployment and slow growth, its labor market is on fire. That’s roughly, and remarkably, half of Germany’s GDP, amounting to about 9% of world exports that year. The number of unemployed has been halved over the past decade. With just 2.6

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The Dos and Don’ts of Working with Emerging-Market Data

Harvard Business Review

Applying this, however, is much easier said than done — especially among companies operating in emerging markets. Emerging-market data can be challenging to work with due to significant data gaps, biased data, and outdated or incorrect numbers. Of course, these issues can cause a headache for any company, in any market.

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

Harvard Business Review

By all measures, emerging markets are having a tough year. However, multinationals still expect their emerging market portfolios to deliver robust growth and increasing profits based on the memory of their performance in recent, more bullish years. Let’s see how this story is playing out in the different emerging market regions.

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Oil’s Fall Is a Challenge for Gulf Economies, but Also an Opportunity

Harvard Business Review

Saudi Arabia in particular is not only a major player on oil markets and within OPEC, but also the region’s largest economy that shares its vulnerability to sliding global oil prices with its smaller GCC neighbours. After a period of sustained real GDP growth, which averaged around 5.8% in 2015 and 3.2%

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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). 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. percentage points of GDP growth in 1979-1989, 0.5

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Sub-Saharan Africa’s Most and Least Resilient Economies

Harvard Business Review

The past year has been difficult for many markets in Sub-Saharan Africa (SSA). While SSA was predicted to grow above 5% year-over-year in 2015 at the beginning of the year, actual GDP growth is more likely to come in at around 3–4% year-over-year. Growth in 2016 is unlikely to be much higher.

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