article thumbnail

What Has the Eurozone Learned from the Financial Crisis?

Harvard Business

The answer to those questions is threefold: Central Bank choices. Federal Reserve and the European Central Bank followed broadly similar policies in reaction to the crisis, lowering interest rates and injecting liquidity. But they differed greatly in how far and when they applied these policies. Fiscal policy.

article thumbnail

Competing in the Huge Digital Economies of China and India

Harvard Business

Protectionist policies: While China’s protectionist policies are transparent, India’s protectionist agenda is in the form of regulations and red tape. It is essential to crack at least five Indian languages to truly break into this market. This analysis suggests that narrowing the digital gap is within India’s reach.