Remove Credit Rating Remove Crisis Remove Globalization Remove Management
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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

But what many economists generally gloss over is a notion that I will argue is highly complementary to market failures: management failures. Businesses and management experts, in contrast, tend take the opposite position. For an example, reconsider the financial crisis. banking assets and as such are “too big to fail”).

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

But what many economists generally gloss over is a notion that I will argue is highly complementary to market failures: management failures. Businesses and management experts, in contrast, tend take the opposite position. For an example, reconsider the financial crisis. banking assets and as such are “too big to fail”).

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Who Fixes the Euro?

Harvard Business Review

Talking to an Irish friend recently, I got a splendid take on the euro-crisis. As he pointed out, there are two sides to the growing European sovereign debt crisis. Even if Europe gets through the current crisis, politicians need to face up to what it tells us about the euro-venture. Think about the pensions crisis.

Banking 13
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The Real Challenge to Turkey’s Economy Isn’t Terrorism

Harvard Business Review

A deep economic crisis like those seen in Greece and Spain has not happened. In some ways, the Turkish economy relies on regional and global uncertainties, by offering a comparatively better place to do business. Turkey’s general credit rating is still higher than that of Brazil, Croatia, Portugal, Cyprus, and Serbia.