Remove Aggregate Demand Remove Finance Remove Globalization
article thumbnail

The Economic Impact of the Japanese Disasters

Harvard Business Review

Transportation disruptions and the closing of many factories throughout Japan will shrink Japanese aggregate demand and disrupt supply chains worldwide. Bold recovery plans would seem to be in order, but how that response is financed holds great import for Japan's economic future. for the second quarter.

GDP 15
article thumbnail

More and More CEOs Are Taking Their Social Responsibility Seriously

Harvard Business Review

We are witnessing a big, transitional moment – akin to the transition from analog to digital, or the realization that globalization is a really big deal. BlackRock is a giant, too, and finance is another industry where a small number of big players dominate. Big firms face different incentives, for a few reasons.

CEO 11