Harvard Business Review

JUNE 26, 2012

debt was 98% of GDP, its deficit 10% of GDP; Spanish debt was 69% of GDP, its deficit 8.5% Finance Minister Domingo Cavallo (himself a Harvard economics Ph.D.) To cover this deficit, Mexico had to borrow 7% of GDP a year. The government was heading toward default, the banking system toward insolvency.

GDP 9

GDP Banking Price Crisis 9

Harvard Business Review

APRIL 9, 2012

current account deficit, which measures the gap between what the country takes in from export income, investment income, and cash transfers and what it pays out, peaked at nearly 6% of GDP in 2006 and was down to 3.1% of GDP in 2011. But it will be the end of the remarkably free-wheeling era in global finance and U.S.

GDP 11

GDP Globalization Finance Short-term 11

Harvard Business Review

APRIL 11, 2013

of GDP (PDF) is necessary to raise infrastructure in the region to the standard of developed East Asian countries. Just to keep pace with anticipated global GDP growth, the world needs to spend $57 trillion , or on average $3.2 The UN Economic Commission for Latin America and the Caribbean estimates that investment equivalent to 7.9%

Transportation 8

Transportation GDP Globalization Finance 8

Harvard Business Review

AUGUST 2, 2013

That''s a popular theme at the moment, with any number of culprits cited — an overleveraged financial system , pollution , too little consumer spending , corruption , anti-corruption campaigns , and of course bad driving. China Economy Finance' China''s era of spectacular economic growth is coming to an end. to 8% growth rate.".

GDP 9

GDP Banking Finance Maturity 9

Harvard Business Review

NOVEMBER 21, 2011

GDP shrunk this year by 5.5% Our horrendous public debt is compounding and the public debt to GDP ratio will soon hit almost 200%, a level that can force our country to default on a most of what it owes. Consumption continues to drop. Construction has decreased by 40% and small shops are closing at a rapid rate.

Crisis 14

Crisis GDP Consensus Politics 14

Harvard Business Review

JULY 9, 2012

The idea behind the latest maneuver is that recapitalizing European banks will reduce the correlation between the creditworthiness of a state's banking system and the creditworthiness of a State itself. The Irish government, with a GDP in 2011 of close to 160 billion euros, has committed at least 64 billion euros to its banks.

GDP 13

GDP Banking Bond Real Estate 13

Harvard Business Review

MARCH 13, 2015

This helps to explain why Greece has one of the lowest license and patent revenues from abroad as a percentage of its GDP, as well as one of the lowest contributions from high-tech product exports to its trade balance. Sweden, Denmark, Netherlands, the UK, and Finland all have low uncertainty avoidance, high innovation, and low bureaucracy.

Uncertainty 8

Uncertainty Innovation Hofstede Bureaucracy 8

Harvard Business Review

MARCH 12, 2012

But, in Malawi, most investors would be concerned about the fact that there's no legal system in place to protect William's ideas from his friends, who might begin to copy them. The GDP of China — the world's largest — in most centuries never exceeded $100 billion. By the time George Washington signed the first U.S.

GDP 10

GDP Travel Innovation Globalization 10

Harvard Business Review

JUNE 29, 2012

To the long, dismal list of fatally broken institutions — GDP, governments, schools, corporations — we can add the mysterious Libor , and its conveniently comfortable calculation. The most basic function of a financial system is to price money. You and I consent to the system. And the system consents to us.

Price 14

Price Short-term Proposal System 14

Harvard Business Review

NOVEMBER 23, 2016

they account for 50% of employment and 45% of GDP. Firms applied for credit to finance recovery. Despite the need for credit to finance recovery, disasters can also constrain the capacity of lenders to supply it because so many households and businesses are affected at once. Challenge risk financing conventions.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

MAY 24, 2012

Spain ran a surplus in 2007, and its total debt to GDP ratio was lower than Germany's. What got Europe into its current mess was pretty much the same thing that slammed the US economy: a real estate bubble financed by profligate private banks. That wouldn't happen in a truly federal system. For example: Economic contagion.

Real Estate 10

Real Estate Banking Politics Crisis 10

Harvard Business Review

NOVEMBER 29, 2012

Oil was discovered in the Congo worth about 28 times its GDP. FINANCING THAT VACATION HOME IN VANUATU. What do the iPod Shuffle, the Xbox 360, and the Bose Acoustic Wave system have in common? Foreign Policy reports in this intriguing list of the 10 most overlooked stories of 2012. Brazil became a net importer of people.

Outsourcing 8

Outsourcing GDP Bottom-up Call Center 8

Harvard Business Review

MAY 24, 2012

That Greece with a population of a mere 11 million and a GDP of $300 billion (only 2% of the Eurozone economies) can create systemic risk for the world speaks volumes about the downside of global interdependence. On August 13, 1982, when Mexican Finance Minister Silva Herzog met with officials of the U.S.

Crisis 11

Crisis Banking Politics GDP 11

Harvard Business Review

MAY 3, 2011

Instead of directing the money to specific causes, Buffett could have revolutionized the system, or the context within which the causes he cares about have to operate. Warren Buffett could have built something — a new system for dramatically expanding charity in America. No charity would be able to game the system.

Advertising 14

Advertising GDP System Public Relations 14

Harvard Business Review

AUGUST 23, 2013

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. Recent scrutiny of the U.S. Here also there are two issues.

How To 8

How To GDP Finance Policies 8

Harvard Business Review

JUNE 4, 2013

Further, the more drastic the austerity (measured by calculating spending cuts and tax increases as a percentage of GDP), the greater the economic downturn. The EU system is undemocratic. This lack of democratic accountability poses a serious problem for member states and the system as whole. Which brings me to the next point.

Policies 14

Policies Politics System Morale 14

Harvard Business Review

MARCH 14, 2016

Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. We find that over the last decade, global flows of goods, services, finance, people, and data have contributed at least 10% of world GDP, adding $7.8 The same is true for cross-border financial flows.

Globalization 8

Globalization Supply Chain GDP Operations 8

Harvard Business Review

JULY 29, 2011

Our current deficits are mostly the product of the economic downturn, we can easily finance them, and, when the economic recovery gains stronger footing (as it might have by now if it weren't for the impasse in Washington), they will shrink. Switching to such a system would mean higher interest rates for the U.S., is no Greece.

Globalization 13

Globalization Crisis GDP Committee 13

Harvard Business Review

FEBRUARY 29, 2012

By comparison, China's FDI stock equals 8% of its GDP; more than 70% of that FDI consists of wholly foreign-owned enterprises (as opposed to joint ventures); and foreign firms produce half of China's exports and more than 90% of China's high-tech exports. Of course, this system has turned China into a manufacturing juggernaut.

Comparison 13

Comparison GDP Technology Outsourcing 13

Harvard Business Review

APRIL 7, 2016

” This means using precision farming tools, such as GPS fertilizer dispersion, advanced irrigation systems, and environmentally optimized crop rotations. To attract more financing and investment in agriculture, the risks need to be reduced by governments.

Globalization 8

Globalization Supply Chain Policies Long-term 8

Harvard Business Review

NOVEMBER 29, 2010

Heres what orthodox economics would have predicted for a country without banks: A collapse in the money supply, a credit crunch, a trade implosion, mass unemployment, an atomized GDP, and the gears of industry and commerce grinding to a crashing halt. You might say that a radically decentralized, p2p financial system spontaneously arose.

Banking 15

Banking Crisis Merton Guidelines 15

Harvard Business Review

NOVEMBER 29, 2010

Here's what orthodox economics would have predicted for a country without banks: A collapse in the money supply, a credit crunch, a trade implosion, mass unemployment, an atomized GDP, and the gears of industry and commerce grinding to a crashing halt. You might say that a radically decentralized, p2p financial system spontaneously arose.

Banking 15

Banking Crisis Merton Decentralization 15

Harvard Business Review

APRIL 18, 2012

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.

Globalization 11

Globalization Banking Restructuring Politics 11

Harvard Business Review

JUNE 12, 2012

Just like Ireland, Spain had a credit boom financed mostly with external debt, which meant that the balance sheets of their banks are now stuffed with bad debts as asset values collapse. And yet in the run up to the collapse in 2007, the combined asset footprint of the three main Irish banks was around 400 percent of GDP.

Real Estate 11

Real Estate Banking Construction Politics 11

Harvard Business Review

SEPTEMBER 29, 2014

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.

Strategy 12

Strategy Black-Scholes Airlines Price 12

Harvard Business Review

JULY 9, 2015

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.

Banking 8

Banking Globalization Credit Rating Short-term 8

Harvard Business Review

FEBRUARY 27, 2015

To be sure, the proposal set forth by the Greek finance minister is less detailed than that of his predecessor, and leaves some room for maneuvering, but this is a mixed blessing, as the EU, the IMF, and the ECB will need to sign off on specifics. So, clemency on loan terms might make procedural sense.

Restructuring 8

Restructuring Policies Crisis Banking 8

Harvard Business Review

FEBRUARY 17, 2016

GDP by 2020. Take M-KOPA, a home solar system that comes in a kit containing a small solar panel, two LED lamps, an LED flashlight, and a mobile phone charger. After paying for a full year, the system is unlocked and the customer owns the product outright. To rein in these costs and deliver better care at lower cost, the U.S.

Cost 8

Cost Globalization Innovation Banking 8

Harvard Business Review

OCTOBER 27, 2015

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. Telecommunications, marketplace platforms, payment services, and postal and logistics systems are balkanized.

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

MAY 5, 2016

sanctions are delaying these projects being financed. financial system for bank transactions related to Iran. Focusing on data such as population growth, inflation, and GDP growth is a way to anticipate market developments. financial system , this pressure will not ease in the near term. However, remaining U.S.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

APRIL 14, 2016

Some past studies on climate economics, like the famous Stern Report a decade ago, assessed the macro-level risk to GDP as a whole. Last year, Citi produced a powerful study of the costs and benefits of shifting the energy system toward low-carbon technologies. There will be winners and losers, so where will those winners be?

Cost 8

Cost Real Estate Depreciation Long-term 8

Harvard Business Review

OCTOBER 11, 2013

The genius in Singapore’s health-care system is that each individual’s stake in health-care financing is clearly visible. Today Singapore spends only 4% of GDP on health care, versus 18% in the U.S., Nearly a third of Singapore’s per-capita health-care spending comes directly out of Medisave accounts.

Health Care 8

Health Care Company Insurance Incentives 8

Harvard Business Review

MARCH 7, 2012

GDP while undertaking 40.9% They include a weak K-12 education system; inadequate worker skills; a shortage of workers with backgrounds in science, technology, engineering and mathematics; restrictions on skilled immigrants; the crumbling infrastructure and a high corporate tax rate. In 2009, they accounted for 24.4% of all U.S.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

APRIL 20, 2015

But in past weeks, it seems that the movie in Asia has been on fast-forward around global development and financing. Consider that three out of the four largest economies in the world in 2030 are expected to be in Asia; by 2050 , half of the global GDP will come from Asia; three of the top six trading partners for the U.S.

Banking 8

Banking Development Policies Globalization 8

Harvard Business Review

DECEMBER 6, 2016

The United States corporate tax system is in desperate need of reform, and there are many sources of discontent. raises less corporate tax revenue than peer countries do, and the system is mind-numbingly complex, rife with distortion, and widely perceived to be unfair. companies are not being held back by the corporate tax code.

Finance 8

Finance GDP System Short-term 8

Harvard Business Review

FEBRUARY 8, 2018

Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). Key to the new system are rapid data collection and analysis, followed by over the air changes to product software. How organizations are changing.

Management 12

Management Software BPM Technology 12

Harvard Business Review

FEBRUARY 7, 2017

GDP over the past decade might well have grown by an additional $1 trillion if the whole economy had performed at the level our long-term stalwarts delivered — and generated more than five million additional jobs over this period. percentage points of GDP growth per year). We calculate that U.S.

Long-term 8

Long-term EPS Short-term Management 8