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Do We Need A Recruitment Agency For Robots?

The Horizons Tracker

The number of industrial robots in operation around the world has grown rapidly in recent years, but nowhere more so than in China, where some 30% of the world’s robots are in operation. Indeed, a 1% increase in investment correlates with a growth in GDP per capita of 0.03%. Making the most of automation.

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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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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). Foreign investors have flocked to the country’s shores as many of the world’s largest manufacturers have established operations there. percentage points of GDP growth in 1979-1989, 0.5

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Why Mass Migration Is Good for Long-Term Economic Growth

Harvard Business Review

By one estimate , the number of international migrants worldwide reached 244 million in 2015, up from 222 million in 2010, and 173 million in 2000. Higher diversity is therefore associated with lower productivity, which inhibits the capacity of the economy to operate efficiently. International migration is on the rise.

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Sub-Saharan Africa’s Most and Least Resilient Economies

Harvard Business Review

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. In high-opportunity and resilient markets, companies should find ways to improve the efficiency of their local operations.

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The Real Challenge to Turkey’s Economy Isn’t Terrorism

Harvard Business Review

Excluding smaller-scale bombing attacks of police and military targets, the airport bombing has been the 11th mass civilian casualty terrorist incident in Turkey since June 2015, leaving more than 250 civilians dead. It covers roughly 70% of Turkey’s GDP. Even so, more than 8 million tourists visited Turkey last year.

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Digital Transformation Is Racing Ahead and No Industry Is Immune - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business Review

Digital transformation forces wholesale change to the foundations of an enterprise — from its operating model to its infrastructure, what it sells, and to whom and how. The digital economy is making significant contributions to global gross domestic product (GDP), outpacing global growth by 400 percent. No industry is immune.