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Business Model Innovation Will Be Key To Emerge From Covid Well

The Horizons Tracker

“We posit that rapid productivity growth offers the only viable option and that it can reduce the debt to GDP ratio to pre-pandemic. For instance, they argue that tax schemes could be designed to encourage firms to jointly apply for finance to encourage coordination within and across industries.

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Why Are Workers Are Getting A Smaller Piece Of The Economic Pie?

The Horizons Tracker

New research from MIT sets out to understand precisely why the labor share of GDP has fallen from 67% in 1980 to just 59% today. The discontent from economists has mainly arisen due to the remarkable stability of labor’s share of GDP throughout the 20th century. “That’s our key point.” ” Superstar firms.

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How Developing Countries Can Benefit From Green Technologies

The Horizons Tracker

The index evaluates 166 nations based on indicators such as ICT, skills, research and development, industrial capacity, and finance. Despite being the least equipped to adopt frontier technologies, several Asian economies have implemented critical policy changes that have enabled them to outperform expectations based on their GDP per capita.

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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. Post announcement, the ratio is 18%.

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When America Was Most Innovative, and Why

Harvard Business Review

The chart below illustrates a strong relationship between patenting activity and GDP per capita at the state level. It predicts that an innovative state like Massachusetts, which from 1900 to 2000 had four times as many patents as a less innovative state, like Wyoming, would become 30% richer in terms of GDP per capita by 2000.

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Greece Needs to Be Honest About the Numbers

Harvard Business Review

Given his former position, you would imagine that Georgiou’s crime would involve falsifying national economic data in order to cover up tax shenanigans or to fool the markets into thinking that the Greek economy was healthier than it was. Calculating this debt in “present” (i.e.,

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How Bad Leadership Spurs Entrepreneurship

Harvard Business Review

their companies account for over $3 trillion of GDP (for the sake of comparison, that's 40% of China's entire GDP). Many of these businesses are led by women who would probably not have been considered for the top leadership position by their previous employers. Surely their former employers regret letting them go?