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Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

Although the Eurozone’s 19 finance ministers recently threw Greece a much-needed economic lifeline , and the latter repaid the first of four loan installments that it owes the IMF in March 2015, there’s no long-term relief in sight for the troubled economy. The battles may be over, but the war is just beginning. billion in 2012.

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What to Know About Doing Business in Iran

Harvard Business Review

Compared to most oil-rich countries in the Middle East, Iran has a diversified economy, its tourism sector is on the verge of a major windfall, and threats to its political stability are in decline. sanctions are delaying these projects being financed. sanctions and a fragile economy. However, remaining U.S.

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Tackling Big Global Challenges with Low-Cost Innovation

Harvard Business Review

Thanks to Airbnb, more people will travel, bringing more tourism dollars to more people in the countries they travel to, creating more profits and distributing them more fairly. GDP by 2020. This kind of innovation is almost a textbook example of frugal innovation. To rein in these costs and deliver better care at lower cost, the U.S.

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Why Is Ukraine’s Economy Such a Mess?

Harvard Business Review

And then finally, in some parts of Ukraine, tourism has been becoming more important. And some important reforms of state finances haven’t happened. Poland on the one side and Russia on the other are both in the low twenty-thousands in GDP per capita, and Ukraine is officially at $7,298. Why is the economy such a mess?