Remove Finance Remove GDP Remove Operations Remove Succession
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. Global business'

GDP 8
article thumbnail

The Future of Cities Depends on Innovative Financing

Harvard Business Review

Investors from hedge funds to insurance companies are operating in an environment of low yields, near-zero interest rates, and a glut of savings. In traditional financing models, it’s just not possible for investors to see their way to a financial return based on some abstract added value of the integrated whole.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Promoting Entrepreneurship in Vulnerable Economies

Harvard Business Review

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. Skills training is key to fostering successful development efforts in these zones. SME owners face a slew of obstacles in conflict zones.

GDP 14
article thumbnail

Fighting Inflation, Ruining Economies

Harvard Business Review

debt was 98% of GDP, its deficit 10% of GDP; Spanish debt was 69% of GDP, its deficit 8.5% The difference is that the United States has its own money , the dollar, while Spain operates on foreign money , the euro. Finance Minister Domingo Cavallo (himself a Harvard economics Ph.D.) Why can the U.S. In 2011, U.S.

GDP 9
article thumbnail

3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business Review

They did not spend as much time thinking about local events that have implications for their emerging market operations. real GDP growth rate for the region, but there is more business risk than many expect. Mexico and Brazil alone account for over 60% of Latin America’s GDP and most regional revenue for multinationals.

article thumbnail

Globalization Is Becoming More About Data and Less About Stuff

Harvard Business Review

What links the world together has changed fundamentally — and for many companies, succeeding in this new operating environment will require rethinking many past decisions and assumptions. Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon.

article thumbnail

Stop Focusing on Profitability and Go for Growth

Harvard Business Review

times global GDP) to more than $600 trillion (9.5 times global GDP). Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. So, in real terms, debt financing is essentially free. And capital continues to expand.

ROE 13