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The Best-Performing Emerging Economies Emphasize Competition

Harvard Business Review

Development economists over the ages have puzzled about why some emerging economies perform much better than others over the long term. The short answer we find from our research is: No. For our research , we looked at 71 emerging economies and identified 18 that achieved rapid and consistent GDP growth over the past 50 and 20 years.

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The Case for Innovation in Health Care

Harvard Business Review

In the US, we achieve some of these goals for some of the people, but none of these goals for all of the people. US health care costs are currently 17% of GDP ($2.5 Respond to people's expectations for access and quality. Provide financial security against the costs of ill-health.

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Why Multinationals Are Doubling Down on Russia

Harvard Business Review

And while two years of shrinking GDP growth , sanctions , and a volatile ruble have led some companies like GM to leave the market, there has not been a large-scale exodus of MNCs from Russia. This worked, because both crises were short-lived (lasting approximately 1-1.5 Why Russia is still attractive. Demand quickly bounced back.

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We All Work at Enron Now

Harvard Business Review

And is that, perhaps, the prime mover of what both Tyler Cowen and I have termed a Great Stagnation? Incentives shape human behavior — and overcounting benefits and undercounting costs is a surefire way to blunt our incentives to innovate, to take on ambitious goals, and create real value. Let's call it Enronia, for short.

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9 Sustainable Business Stories That Shaped 2016

Harvard Business Review

Renewables have been trouncing fossil fuels for a few years as the costs of the newer technologies have dropped remarkably fast. New capital is still flowing to the clean tech — Bill Gates, Jeff Bezos, and some other business leaders just announced a $1 billion fund to invest in “next generation energy technologies.”

Energy 8
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Why Mexico’s Economy Doesn’t Depend on the Next U.S. President

Harvard Business Review

To be sure, these roadblocks to further trade and investment will damage Mexico’s economy in the short and medium terms. However, I fear that Mexico continuing its existing trade-based economic strategy will not necessarily produce different results in the long term — as it wouldn’t for any other developing country.

Cooper 12