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Is The Period Of Global Economic Growth At An End?

The Horizons Tracker

While there have been undoubted ebbs and flows, the last century has seen growth in GDP like never before. These would work to decouple our wellbeing and social capital from economic growth, thus improving opportunities for young people, reducing inequality, and hopefully ensuring a return on any government spending. “I

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Beyond GDP, How the World's Economies Stack Up

Harvard Business Review

These days, many people agree that, just as the full measure of a man can't be taken by his banker, the full measure of a nation isn't reflected in its GDP. Very few countries see declines in their overall score but Italy is one of them, with a drop in its performance on the Governance and Social Capital sub-indices.

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Where Does Your Nation Rank on Wellbeing?

Harvard Business Review

If you are familiar with the Legatum Prosperity Index, you know it is an effort to look beyond GDP. Personal Freedom (individual freedom and social tolerance). Social Capital (social cohesion and engagement, as well as community and family networks). Safety & Security (national security and personal safety).

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Does Work Make You Happy? Evidence from the World Happiness Report

Harvard Business Review

GDP is masking deeper issues. Moreover, job security and social capital (as measured through the support one receives from fellow workers) are also positively correlated with happiness, while jobs that involve risks to health and safety are generally associated with lower levels of wellbeing. Related Video. Why the Strong U.S.

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How Men Can Become Better Allies to Women

Harvard Business Review

A study by McKinsey projects that in a “full potential” scenario in which women participate in the economy identically to men, $28 trillion dollars (26%) would be added to the annual global GDP when compared to the current business-as-usual scenario. The solution is more interaction and learning, not less.

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Why the U.S. Is Still Richer Than Every Other Large Country

Harvard Business Review

In 2015 real GDP per capita was $56,000 in the United States. The real GDP per capita in that same year was only $47,000 in Germany, $41,000 in France and the United Kingdom, and just $36,000 in Italy, adjusting for purchasing power. Each year, the United States produces more per person than most other advanced economies.

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Scotland’s Future Is Bright; the UK’s Might Not Be

Harvard Business Review

There is clearly something to this; while declines in manufacturing employment have hit the Scottish economy hard, manufacturing has also been in decline as a share of GDP across the advanced economies over the past 25 years. Gordon Brown said during the campaign that Scotland’s fight should not be with London but with globalization.