“Interpersonal Connectedness” One Factor in Metric to Replace GDP
Michael Lee Stallard
MAY 19, 2010
In “ The Rise and Fall of GDP , that appeared in The New York Times Magazine, Jon Gertner describes this effort. why is everyone smiling?
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
Michael Lee Stallard
MAY 19, 2010
In “ The Rise and Fall of GDP , that appeared in The New York Times Magazine, Jon Gertner describes this effort. why is everyone smiling?
HR Digest
FEBRUARY 10, 2024
On the surface, the problem looks easy enough to solve with a few training courses or another few rounds of firing and rehiring to find the right talent for the evolving job roles. The prediction is hard enough but finding the resources and identifying the right candidates for such training can also prove to be quite a challenge.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Horizons Tracker
FEBRUARY 15, 2022
“We posit that rapid productivity growth offers the only viable option and that it can reduce the debt to GDP ratio to pre-pandemic. The authors also argue that governments should be doing more to provide suitable training and develop the human capital required to fully capitalize on the latest technologies.
HR Digest
JULY 5, 2021
Most nations already face the challenge of adequately training their labor forces to meet the current needs of employers. Across the OECD, spending on worker training and development has been declining over the last twenty years. Spending on worker transition has also continued to shrink as a percentage of GDP.
The Horizons Tracker
FEBRUARY 23, 2021
We’ve been puzzled by the fact that business travel has been growing faster than world GDP, despite the widespread adoption of alternatives like Skype, FaceTime, email, etc.,” For instance, in Europe, there has already been evidence of people switching from planes to trains for journeys, especially when sleeper cabins offer privacy.
Strategy Driven
MAY 11, 2016
As Christine Lagarde, Managing Director of the International Monetary Fund states: if women were employed at the same rate as men, GDP would increase by 5 percent in the United States, by 9 percent in Japan and by 27 percent in India. Training and networking are important when it comes to create a business or scale the corporate ladder.
The Center For Leadership Studies
JUNE 28, 2019
It is the study of employment, the forces of productivity and the factors impacting gross domestic product (GDP). The post Macro and Micro Motivation appeared first on Situational Leadership® Training & Management Model by CLS. Microeconomics – More of a focused spotlight , this is the study of market-specific dynamics and prices.
HR Digest
SEPTEMBER 21, 2023
Similarly, 42 percent of working mothers would look for higher pay, and 29 percent work seek additional training to boost their careers. The UN Women website states that by increasing female employment in OECD countries to match the levels presented by Sweden, GDP could be boosted by over $6 trillion.
Harvard Business Review
FEBRUARY 5, 2018
Going back to the low-GDP growth, low-job growth path we were on in the immediate aftermath of the global financial crisis will mean stagnation—and continued rising discontent about incomes that don’t advance and income inequalities that continue to grow. Other options are also less than desirable.
Harvard Business Review
JUNE 28, 2012
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.
Harvard Business Review
MAY 27, 2014
by 66%, manufacturing in Germany employed 22% of the workforce and contributed 21% of GDP in 2010. In 2010, just under 11% of the workforce was employed in manufacturing, and manufacturing contributed 13% of GDP. There is nothing a German can do that a properly trained and incentivized American cannot. In the U.S.,
Harvard Business Review
JANUARY 24, 2018
Falling incomes will have grave consequences in places like the United States and Europe, where consumption accounts for 56% or 69% of GDP , respectively, requiring new social supports, such as a universal basic income. A factory worker, for example, can be trained to run robots. The Utopians. The Optimistic Realists.
Harvard Business Review
AUGUST 5, 2015
In most countries, both developed and developing, private employment and median family income have stopped growing at the same pace as labor productivity and real GDP per capita—mostly due, they argue, to technological advances. So what are we to do? Learn from the countries that are bucking the trend.
Harvard Business Review
JANUARY 20, 2015
Without an acceleration in productivity growth, the rate of global GDP growth is set to decline by 40% from 3.6% MGI has identified sufficient opportunities to boost productivity growth to 4% in the 19 national economies of the G20 group plus Nigeria, which together account for 80% of world GDP. a year between 1964 and 2012 to only 2.1%
Harvard Business Review
MARCH 12, 2012
He did it through sheer ingenuity, without any formal training. The GDP of China — the world's largest — in most centuries never exceeded $100 billion. was recording its GDP in hundreds of millions of dollars — not billions. For generations, people did not experience any major change in their living standards.
Harvard Business Review
JULY 24, 2012
By 2016, four out of ten jobs will require advanced education or training, and many hiring managers are already finding that the talent they need is hard to find. "If Goldman Sachs found the association between GDP and medals was strongest, by far, in cycling, followed by judo, rowing, and swimming. But here's the rub, Hurst says.
Harvard Business Review
MARCH 13, 2017
That’s roughly, and remarkably, half of Germany’s GDP, amounting to about 9% of world exports that year. So how did Germany, with the fourth-largest GDP in the world (after the United States, China, and Japan), transform itself from sick man to economic superstar? With just 2.6 The country’s exports reached nearly $1.3
Harvard Business Review
SEPTEMBER 13, 2017
Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25 Almost every city has districts that are poorly served by public transit, as well as groups, such as the elderly, who have difficulty using buses and trains.
Harvard Business Review
MAY 12, 2017
The next recession, which came in 2001, was short and mild (GDP barely fell), but it took four years for the job market to heal, prompting the Federal Reserve to administer the economy a long course of low interest rates. labor market is like an aging athlete; it is taking longer and longer to recover from recessions.
Harvard Business Review
OCTOBER 2, 2013
With Facebook’s $115 billion market cap on its IPO day, Mark Zuckerberg created wealth nearly equivalent to half of Nigeria’s GDP in 2012. The value created by Facebook and a few other tech IPOs exceeds the GDP of most African regions. It will incorporate some evolving training paradigms like MOOCs and online programs.
Harvard Business Review
APRIL 13, 2017
That’s one reason why Turkey’s GDP grew by 2.9% My research and the work of others suggest that targeted training programs, tax incentives, and steps to ease credit constraints could offset, at least partially, the financial cost of accommodating Syrian refugees, not to mention future social costs.
Harvard Business Review
MARCH 19, 2012
Kleinbard in wrote in a 2007 Tax Notes article called "Throw Territorial Taxation From the Train" (it's so far behind a paywall that I can't even link to it). GDP and corporate taxes 6%; in the third quarter of 2011, profits were up to 13.1% of GDP and corporate taxes down to 2.7%. firms," attorney Edward D. tax burden.
Harvard Business Review
JANUARY 31, 2018
Wage growth has not kept up with productivity growth; labor’s share of GDP has fallen and capital’s share has risen. Education and training are at the top of the list. An extensive research literature documents the high returns to workers and firms from employer-based training. The Economy in 2018. What We Can Do.
Harvard Business Review
SEPTEMBER 4, 2017
In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. billion in its associates through higher wages, better benefits and enhanced training. Unfortunately, this virtuous cycle appears to be broken. And wages are stagnant.
Harvard Business Review
MAY 22, 2018
Students, workers, and retirees are protesting, targeting trains, airlines, retirement homes, universities, and government offices. In 1995 a train strike paralyzed France and forced the government to back down from its proposed reform of the railway sector. GDP grew by 1.9% However, this time, things seem different.
Harvard Business Review
APRIL 7, 2011
The head of China's famous high-speed train project was just arrested for corruption. Beneath the gloss of high-GDP growth numbers, there is now a whiff of fear in China. The CEO of BYD, China's electric-car company that has Warren Buffet as an investor, has run afoul of authorities who prevent him from expanding production.
Harvard Business Review
NOVEMBER 15, 2013
Indicators like gross national income (GNI) and GDP go up. The interaction between English proficiency and gross national income per capita is a virtuous cycle, with improving English skills driving up salaries, which in turn give governments and individuals more money to invest in language training.
Harvard Business Review
FEBRUARY 17, 2012
Minimal professional training? In South Asia and sub-Saharan Africa, another long-term study found that "more equal education between men and women could have led to nearly 1 percent higher annual per capita GDP growth" in each country. What do you think causes millions of people to miss work and school in developing economies?
Harvard Business Review
JULY 8, 2016
YOY GDP growth in its April World Economic Outlook. The official national figure was actually only 7% YOY for 2014, while the combined official provincial statistics figure added up to nearly 10% YOY GDP growth. Furthermore, many organizations have stakeholder-driven agendas that occasionally add political bias.
Harvard Business Review
NOVEMBER 30, 2011
Chinese policymakers know that for 50 years the United States has invested around 3% of GDP in R&D. It will take decades before China is on a par with America in innovation.
Harvard Business Review
MARCH 7, 2013
trillion in bribes wiped out more than 5% of global GDP. In 2010, the U.N. estimates, some $1.5 And by 2015, this Foreign Affairs article predicts, the total value of goods lost to counterfeiting and piracy will balloon from 2008's $650 billion to $1.77
Harvard Business Review
MAY 2, 2014
Will edible deodorant add 0.000007 percent to GDP? I can take a high-speed train across Europe in eight hours; I can barely get from DC to Boston in nine. Legions of people should be employed in rebuilding its decrepit infrastructure, schools, colleges, hospitals, parks, trains. Its infrastructure is crumbling.
Harvard Business Review
FEBRUARY 24, 2011
US health care costs are currently 17% of GDP ($2.5 Where doctors leave for better opportunities or are in short supply, training and tasks must be shifted to community health workers and people in the communities themselves as co-producers of health. Provide financial security against the costs of ill-health.
Harvard Business Review
JULY 9, 2018
trillion, or almost 18% of its GDP , on health care — that’s $10,000 per person, twice as much as any other country in the industrialized world. 3nethra is portable, telemedicine-enabled, and screening can be done in 5 minutes by a minimally trained technician without dilating the eye. In 2016, the U.S.
Harvard Business Review
MAY 3, 2011
50 million: Fund an annual training program for attorneys general and other regulatory officials to help them understand the importance of measuring an organization's commitment to effectiveness rather than to good watchdog grades and public relations. $50 50 million: Fund a campaign to train the media on the same issues.
Harvard Business Review
FEBRUARY 15, 2012
The only positive fallout has been a modest diversification of the local economy, with exports as a percentage of the province's GDP declining from as much as 85% in 2005 to a still-high 66% in 2010. Guangdong will need highly trained workers to cater to more advanced sectors. But it doesn't seem to have people with those skills.
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.
Harvard Business Review
FEBRUARY 2, 2015
trillion in output annually, adding up to 17% of GDP. Equally important are bold reforms in workforce education and training systems. To respond, industry must be more involved in shaping business-led, sector-specific regional training programs. Together, these industries have an outsized impact on the U.S. They employ 12.3
Harvard Business Review
SEPTEMBER 4, 2013
If women''s labor participation were closer to male participation, it would contribute $1T to GDP in emerging economies — women led businesses are key to this opportunity. Yet, while increasingly a recognized force, women''s entrepreneurship still lags men''s in all but seven countries in the world.
Harvard Business Review
FEBRUARY 17, 2012
It lumps fundraising in with finance, human resources, leadership training, technology, and other administrative functions. at 2% of GDP ever since we have been measuring it, and has not budged. The founding donor can create a great model, but who's going to expand it and whence will those funds come? How could it?
Harvard Business Review
MARCH 16, 2012
Second, R&D expenditures are growing faster than GDP, especially in manufacturing. The results can be seen in raw dollars devoted to R&D (total Asian R&D now surpasses that of the United States), and in some outputs of research and training. In the first place, about 70% of all R&D done by private U.S.
Harvard Business Review
APRIL 11, 2016
They assure the firm has the right knowledge and skills by: Aggressively training staff. Training and sensitizing stakeholders on cultural differences. Ask these same managers after a launch whether they met their performance objectives, and too many will answer “not quite” or “not at all.”
Harvard Business Review
JANUARY 22, 2015
5% of GDP over six years. From there, participants receive set of six interventions over the course of 24 months. To put things in perspective, reaching every ultra-poor family in Bangladesh (6 million families or 17% of the population at $500 per household) would cost the country $3 billion, less than.5%
Harvard Business Review
APRIL 16, 2014
Four years ago, GE initiated a strategy to compete more effectively in Africa, one of the fastest growing regions in the world in terms of GDP. General Electric is a good example. GE did more than take advantage of growth as it came. The company’s leadership moved proactively to accelerate it and shape it. “If
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content