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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 Has the Eurozone Learned from the Financial Crisis?

Harvard Business Review

The answer to those questions is threefold: Central Bank choices. Federal Reserve and the European Central Bank followed broadly similar policies in reaction to the crisis, lowering interest rates and injecting liquidity. But GDP fell so much that the actual effect was to push up the ratio of debt to GDP. What went wrong?

Crisis 8
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Leading Job Growth in the Digital Economy

Harvard Business Review

In most countries, both developed and developing, private employment and median family income have stopped growing at the same pace as labor productivity and real GDP per capita—mostly due, they argue, to technological advances. With the right leadership, I think so. So what are we to do? Can other countries follow this model?

GDP 8
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Are CEOs Really India’s Leading Export?

Harvard Business Review

A systematic analysis of mid-2013 data on the world’s largest firms by revenue, the Fortune Global 500, shows that at that time only three non-Indian firms were led by Indian CEOs: Arcelor Mittal (Lakshmi Mittal), Deutsche Bank (Anshu Jain), and PepsiCo (Indra Nooyi). Global business Leadership Microsoft' Not necessarily.

CEO 14
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The Three Reforms China Must Enact: Land, Social Services, and Taxes

Harvard Business Review

China’s global economic power continues to grow, yet the decision-making dynamics of its top leadership remain a mystery. Which Management Style Will China Adopt? This complicates the ability of outsiders to understand the purpose for and implications of policy changes. What Needs to Change. The first is the rural land ownership.

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What British, European, and American Policymakers Need to Do Now

Harvard Business Review

The Bank of England said essentially ‘We planned for this’ and that £250 billion pounds are available to backstop the banks. The announcement from the Bank of England today was very useful and said two things — first that the banking system in the UK is much much stronger than it was in 2008.

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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.