Remove Development Remove GDP Remove Human Resources Remove Operations
article thumbnail

Promoting Entrepreneurship in Vulnerable Economies

Harvard Business Review

Especially in the world's most fragile states, economic development is critical to stability. 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. SME owners face a slew of obstacles in conflict zones.

GDP 14
article thumbnail

The Global Rise of Female Entrepreneurs

Harvard Business Review

While aggregated data is often challenging to find, the recent Global Entrepreneurship Monitor (GEM) found 126 million women starting or running businesses, and 98 million operating established (over three and a half years) businesses. And in the U.S., more than half of the 9.72

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Case for Investing More in People

Harvard Business Review

.” There is a virtuous cycle between productivity and people: Higher levels of productivity allow society to reinvest in human capital (most obviously, though not exclusively, via higher wages), and smart investments result in higher labor productivity. Productivity in most developed economies has been anemic.

article thumbnail

Multiplication Philanthropy

Harvard Business Review

But once we find them, we should direct giving not toward the programs but toward the organizations' fundraising and development operations so that they can multiply the funds available for programs. It lumps fundraising in with finance, human resources, leadership training, technology, and other administrative functions.

GDP 13
article thumbnail

Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business Review

they account for 50% of employment and 45% of GDP. Young firms face many existential threats related to managing internal financial and human resources and external relationships with customers, suppliers, investors and competitors. In the U.S.,

article thumbnail

The Libor Scandal and the Price of Prosperity

Harvard Business Review

To the long, dismal list of fatally broken institutions — GDP, governments, schools, corporations — we can add the mysterious Libor , and its conveniently comfortable calculation. Who's who — master and servant, mechanism and operator, principal and agent, sovereign and serf? These are the words that are left unsaid.

Price 14