article thumbnail

How Blockchain Could Help Emerging Markets Leap Ahead

Harvard Business Review

Global trade, with local regulation facilitated by technology, works because technology makes the transaction costs manageable. Educational records, business histories, health care information, and credit ratings could all be made usable the world over, helping those who want to trade or travel to prove their credentials.

article thumbnail

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

Harvard Business Review

Turkey’s general credit rating is still higher than that of Brazil, Croatia, Portugal, Cyprus, and Serbia. But it does help explain how the country has so far managed to insulate its economy. Still, foreign investors who manage to stay outside Turkish politics will likely benefit from the business environment.

Tourism 10