Economy

How ASEAN’s Diversity Can Be a Strength in the Digital Revolution

May 24, 2017

by Manu Bhardwaj and Yuwa Hedrick-Wong ASEAN has the potential to become a leader in the digital revolution by harnessing its diversity to power its development. On a map, ASEAN’s (Association of Southeast Asian Nations) 10 members can easily be …

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Closer to Achieving Inclusive Growth through Financial Inclusion in 2016

December 21, 2016

Fintech advances and government actions drive financial inclusion and offer the promise of igniting more sustainable and equitable growth globally. 2016 saw substantial progress in connecting the world’s people to financial services, from bank accounts to mobile payments to micro-lending …

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Should Business Travel Be Obsolete?

January 20, 2016

by Ricardo Hausmann Harvard economist and MasterCard Center Senior Fellow on how a unique research collaboration between the Center and Harvard’s Center for International Development is uncovering new insights on how business travel impacts economic growth.  A version of this …

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Tracking Economic Growth, Prosperity and Inclusion in US Metros

July 21, 2016

by Amy Liu A recent analysis by the Brookings Institution shows growth alone does not deliver rising productivity or living standards for all. There is much soul-searching on both sides of the Atlantic about the voter discontent that led to …

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Making Job Training Programs Work Better for Laid-Off Workers

March 16, 2016

As speculation grows about massive job loss due to trends in trade and technology, today’s training programs offer real lessons for a better future. Speculation on large-scale job loss due to economic shifts from trade to technology looms over a …

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Igniting Intergenerational Entrepreneurship

May 26, 2016

How older women are changing the start-up landscape. by Elizabeth Isele Founder and CEO, Global Institute for Experienced Entrepreneurship This Month’s Power Shift Forum in Washington, DC, was a dynamic convening of world leaders – women of all ages – …

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How More Affordable Housing Can Impact Job Creation and Productivity

July 17, 2016

Businesses add their voice (and powerful data) to those of artists, activists and analysts calling to make housing in cities more affordable.   The global challenge of ensuring affordable housing in growing cities has inspired laments about a loss of the …

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7 Must-Reads On Jobs and Opportunity in America Today

February 5, 2016

Numbers on and analysis of the trends transforming employment in the US The resonance that themes of economic dislocation has found in the long run up to the US presidential election shouldn’t be surprising: Last year, a New York Times/CBS …

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The Road to Inclusive Urbanization

March 29, 2016

Get up-to-speed on the conversations around inclusive growth and cities, as mayors from around the world gather in New York to call for action to address rising inequities.  Urban areas are home to half the world’s population today, and by …

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Emerging Africa: Growth in Cities

May 10, 2016

As leaders from across Africa gather in Rwanda for the World Economic Forum meeting this week, a look at how Africa’s cities can shape the continent’s economic future. For more information, read the MasterCard 2015 African Cities Growth Index. 

Incentives Light the Path Out of the Shadow Economy

May 10, 2016

Three questions for Friedrich Schneider, economist and leading expert on shadow economies.  The economic crisis that has plagued Greece for more than five years is a story of tragedies micro and macro. It includes the accounts of individuals who have …

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The New Geography of American Jobs

April 26, 2016

Digging into the latest US jobs report reveals the need to close the gap between economic opportunity and affordable housing for low-income earners.  While the March US jobs report showed the number of employed at the highest level ever, the …

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