Remove Finance Remove GDP Remove Influence Remove System
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If Greece Embraces Uncertainty, Innovation Will Follow

Harvard Business Review

Both are important, but they are far more difficult to achieve than many understand because they are, to a significant extent, influenced by culture. Second, bureaucracy, laws, and rules exert particular influence in Greece because they help make life more structured and less uncertain. But Greece cannot stop there.

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How To Choose The Next Head of the Fed

Harvard Business Review

and the transfer of business risk from "too big to fail" institutions to taxpayers, leading to a "heads I win, tails you lose" relationship between the finance and the rest of the economy. The financial industry accounts for about 8% of GDP, but about 32% of corporate profits. And it will influence the long-term future of the U.S.

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History Rhymes in the Greek Debt Crisis

Harvard Business Review

Although its heyday as the world's most advanced civilization has long since passed, Greece once again has the potential to influence the rest of the world. As in previous debt crises, the debate over debt rescheduling revolves around two key concepts: moral hazard and systemic risk.

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Africa’s Unique Opportunity to Promote Inclusive Growth

Harvard Business Review

For the last decade, Africa’s GDP has been growing quickly. ” Adesina competed for the AfDB presidency against several accomplished bankers and finance ministers. Africa has begun to develop its own systems, and small startups play a significant role. “I see the sparkle in the eyes of a few.

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Global Demand for Food Is Rising. Can We Meet It?

Harvard Business Review

While Big Food companies such as General Mills or Unilever have tremendous global influence on what people eat, trading companies have a much greater impact on food security, because they source and distribute our staple foods and the ingredients used by Big Food, from rice, wheat, corn, and sugar to soybean and oil palm.

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The New New International Economic Order

Harvard Business Review

Earlier this week, on April 16, the US nominee Jim Yong Kim was selected over Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo. Rich countries could simply reject the agenda, or they could co-opt a few key developing countries into the existing system.

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What an Economist Brings to a Business Strategy

Harvard Business Review

Google generates most of its revenue through an auction-based system of selling ads that was developed by two engineers but validated by its chief economist, Hal Varian, a former consultant to the company who was also the first Dean of the School of Information Sciences at the University of California at Berkeley. Economists and finance.