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The Real Reason Companies Are Spending Less on Tech

Harvard Business Review

After the dot-com bubble, investment in software and information processing equipment in the U.S. As a percentage of GDP, it’s now back to mid-1990s levels: There’s a version of the chart above in the much - discussed paper that MIT economist David Autor presented last week at the Federal Reserve’s annual Jackson Hole meeting.

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China’s Economy, in Six Charts

Harvard Business Review

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Despite these impressive achievements, there is still plenty of room for catch up, with China’s per capita GDP only a fifth of the U.S. percentage points of GDP growth in 1979-1989, 0.5

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The Power of Digitalizing Health Care - SPONSOR CONTENT FROM SIEMENS HEALTHINEERS

Harvard Business Review

The acceleration of digital technology has enabled the disruption of many disparate industries. Yet health care, which represents about 10% of global GDP, has lagged behind other sectors. And just in time, too, because the demand for services is on the rise at the same time that the need to rein in costs is becoming ever more acute.

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Toward Africa 2.0

Harvard Business Review

Corruption continues to undermine the efficiency of international-assisted projects in Africa, especially when they are executed by governments. Nigeria moved from a GDP of $35 billion to $207 billion within a decade largely because of massive investment from foreign business partners in information technology and banking.

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Why WikiLeaks Matters More (And Less) than You Think

Harvard Business Review

Perhaps the most basic economic institution is GDP. When GDP's updated to reflect environmental costs, so must be corporate income statements — otherwise, the math simply won't work. The informational basis of the economy will be altered. From an economic perspective, its goal is much the same as India's updated GDP 2.0:

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How the Philippines Became Tech Startups’ New Source for Talent

Harvard Business Review

But as start-ups mature, the grow-at-all-cost narrative will be replaced by a flight to capital efficiency and profitability. In this next chapter, the Philippines — the world’s second-fastest growing economy — will play a crucial role in helping tech companies access the talent to scale efficiently and sustainably.

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The One Type of Leader Who Can Turn Around a Failing School

Harvard Business Review

Soldiers like efficiency and order. By background they are normally Information Technology or Chemistry teachers (95% in our study), who have often moved out of the classroom to manage support staff early in their career. In the meantime, buoyed up by an undeserved reputation, the Surgeon has moved on to their next patient.