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The Irish Banking Crisis: A Parable

Harvard Business Review

Umair Haque Blogs Umair Haque On: Global business , Competition , Economy The Irish Banking Crisis: A Parable 4:33 PM Monday November 29, 2010 | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print Once upon a time, there was a country where bankers disappeared. And thats exactly the role that pubs began to play.

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What’s Driving Superstar Companies, Industries, and Cities

Harvard Business Review

We focus on economic profit rather than revenue size, market share, or productivity growth because these other metrics risk including firms that are simply large and may not create economic value. For cities, we analyze nearly 3,000 of the world’s largest cities by population that together account for 67% of global GDP.

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Fixing the Euro Zone and Reducing Inequality, Without Fleecing the Rich

Harvard Business Review

Interest rates of zero meant that central banks took to targeting asset prices – stocks and bonds – to boost spending. So one solution suggested by a growing number of economists in Europe is for central banks to “helicopter drop” money , and directly finance private sector spending. We need new policies.

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Fighting Inflation, Ruining Economies

Harvard Business Review

debt was 98% of GDP, its deficit 10% of GDP; Spanish debt was 69% of GDP, its deficit 8.5% The United States has its own money because the Federal Reserve can — and will — print unlimited dollars to avert sovereign default or rescue banks. It can beg the European Central Bank to lend it money.

GDP 9
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Three Reasons the Euro Zone Deal Won't Work

Harvard Business Review

The idea behind the latest maneuver is that recapitalizing European banks will reduce the correlation between the creditworthiness of a state's banking system and the creditworthiness of a State itself. And market participants were initially thrilled. Many countries have taken large equity stakes in their banks.

GDP 13
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The Economic Impact of the Japanese Disasters

Harvard Business Review

Analysts have already reduced forecasted GDP growth rates for Japan by 0.5% at the market's close on Monday (3/14), erasing more than $300 billion of equity value, and lost another 10.6% Bold recovery plans would seem to be in order, but how that response is financed holds great import for Japan's economic future. on Tuesday.

GDP 15
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The Global Rise of Female Entrepreneurs

Harvard Business Review

Women-owned entities in the formal sector represent approximately 37% of enterprises globally — a market worthy of attention by businesses and policy makers alike. That''s 224 million women impacting the global economy — and this survey counts only 67 of the 188 countries recognized by the World Bank.