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Interesting to read the actual report (edit: actually BCG's summary of the report) and compare it with the Bloomberg article. BCG's using this report to make th
by marcusgarvey 10y ago
Interesting to read the actual report (edit: actually BCG's summary of the report) and compare it with the Bloomberg article. BCG's using this report to make the case that private sector involvement, especially from financial services, leads to high social benefit. But this must not be a linear relationship, or it can be strongly offset by other factors. Otherwise the U.S. -- with all its private enterprise and as home to some of the world's biggest/most influential banks -- should be top of the list. But per the article:
>The United States' ability to convert both wealth and growth into well-being is below par globally, while Germany manages to perform above par on both fronts.
https://www.bcgperspectives.com/content/articles/growth-globalization-private-sector-opportunity-improve-well-being-2016-economic-development-assessment/ https://www.bcgperspectives.com/content/articles/growth-glob...