article thumbnail

Longer And More Complex Supply Chains Benefit Economies

The Horizons Tracker

It does not explain everything that happens, but the principle can be seen operating.” The authors argue that economies will usually achieve greater economic growth, especially during its manufacturing stage, before relaxing to a slower growth period as it becomes a more developed economy. ” Economic advantage. .

article thumbnail

How Skills Will Be Crucial As We Adapt To The Post-Covid World

The Horizons Tracker

Last year online learning platform Coursera released their first Global Skills Index to try and understand the changing nature of skills development around the world. This surge not only reflects the ongoing interest in digital skills development, but also some of the softer skills that I’ve identified as key in past articles.

Skills 104
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Managerial Quality Affects Energy Usage In Manufacturing Firms

The Horizons Tracker

In many ways, it seems like something of a no brainer for the sector to target emissions, as making their operations more efficient has productivity benefits as well as environmental ones. of global GDP. Nowhere is this more evident than in the manufacturing sector, which is one of the primary producers of greenhouse gas emissions.

Energy 82
article thumbnail

Low-Skilled Immigration Is Needed To Overcome The Western Worker Crunch

The Horizons Tracker

Ignoring the need While politicians increasingly like to adopt a hard line against immigration, the reality is that most developed countries are in dire need of it. Indeed, while Dr. Ugur Sahin was lauded as an immigrant who helped to develop the Covid vaccine, as a car factory worker, his father would have received far fewer laurels.

Skills 111
article thumbnail

Nigeria’s GDP Just Doubled on Paper: What It Means in Practice

Harvard Business Review

Earlier this week, Nigeria ascended to the position of Africa’s largest economy following a recalculation of its GDP by the country’s National Bureau of Statistics. The long overdue exercise (the last one was in 1990) nearly doubled the country’s economy pushing GDP up to $510bn from $270bn.

GDP 9
article thumbnail

Women and the economy: an opportunity for growth

Strategy Driven

As Christine Lagarde, Managing Director of the International Monetary Fund states: if women were employed at the same rate as men, GDP would increase by 5 percent in the United States, by 9 percent in Japan and by 27 percent in India. Gender inequality, as we can see, is a reality and not only in the developing countries.

Mentor 50
article thumbnail

Is Entrepreneurship As Popular As We Think?

The Horizons Tracker

There is also evidence to suggest that the entrepreneurs that are in operation are less creative and innovative than their forebears. For instance, the ratio of patents to GDP has been in decline in the United States for years, while the cost for each patent is on the rise. in 1985 to just 5.3% A decline in disruption.