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Promoting Entrepreneurship in Vulnerable Economies

Harvard Business Review

Foreign aid, which can account for to up to 97 percent of a nation's GDP, is neither a long-term nor a sustainable solution to help the citizens of these fragile countries. Entrepreneurs often lack formal training in bookkeeping and may not have the experience or the knowhow to secure a bank loan.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business Review

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. they account for 50% of employment and 45% of GDP. Owning up to our own behavioral biases is a worthwhile starting point to discussing the problem of managing infrequent, severe events. Data from the U.S. In the U.S.,

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The Case for Investing More in People

Harvard Business Review

In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. Managed by Q, a cleaning and office services company in New York City, decided to pay employees higher wages than the prevailing market rate. And wages are stagnant.

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London Succeeds in Its Olympic Trials

Harvard Business Review

No sooner had Beijing's flame died than the global financial crisis took British debt levels above 60% of GDP, excluding public intervention in failing banks. Lloyds Banking Group was caught in the eye of the financial storm and tied up in public ownership. Selling the Games promised to be just as difficult.

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Should a Woman Act More Like a Man to Succeed at Work?

Great Leadership By Dan

Men highly self-rate their own leadership skills and their ability to tackle management and business challenges. With an increase in Japan’s female employment rate, the country’s workforce would expand by more than eight million people—and its GDP would grow by as much as 13 percent.* Goldman Sachs. 2014) Womenomics 4.0:

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