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Beyond GDP, How the World's Economies Stack Up

Harvard Business Review

These days, many people agree that, just as the full measure of a man can't be taken by his banker, the full measure of a nation isn't reflected in its GDP. And a couple of companies have told us they use the Prosperity Index as a resource when they assess the potential of new markets. What is the biggest surprise in the data?

GDP 10
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How Marketing Is Evolving in Latin America

Harvard Business Review

Latin America is a modern marketer’s dream, and not just because of its size. The region will soon represent 10% of the global population and 9% of global GDP, with 640 million customers. It also has the fourth-largest mobile market in the world, with social media adoption even surpassing that of the United States.

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How Competition Is Driving AI’s Rapid Adoption

Harvard Business Review

It finds that AI could (in aggregate and netting out competition effects and transition costs) deliver an additional $13 trillion to global GDP by 2030, averaging about 1.2% GDP growth a year across the period. The average effect on GDP depends on multiple factors. The modeling and simulation relies on two important features.

GDP 9
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Will Greece Survive the Crisis?

Harvard Business Review

GDP shrunk this year by 5.5% Our horrendous public debt is compounding and the public debt to GDP ratio will soon hit almost 200%, a level that can force our country to default on a most of what it owes. The new government has met with the cautious approval of the EU, the IMF, the markets and the international press.

Crisis 14
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The Potential and Pitfalls of Doing Business in Cuba

Harvard Business Review

Fixed capital investment in Cuba represents just 10% of GDP , which is half the regional average. A further overrepresentation of the actual market size is determined by methodological inconsistencies. Cuba has been mired in stagnation for nearly two decades , with the regime unable to generate higher productivity.

GDP 8
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Reverse Innovation Starts with Education

Harvard Business Review

Since two-thirds of world’s growth in GDP is likely come from poor countries, reverse innovation is an important phenomenon. However, this also presents some of the hardest technical challenges for humanity, where we cannot simply adapt solutions used in wealthy markets. Reverse innovation is doing exactly the opposite.

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What Has the Eurozone Learned from the Financial Crisis?

Harvard Business Review

But GDP fell so much that the actual effect was to push up the ratio of debt to GDP. But one cannot forget that policy in the Euro area is complex and subject to political constraints. Most experts now agree that these policies had such damaging and persistent negative effects on growth that they were self-defeating.

Crisis 8