On Dumb Growth and Smart Growth

Why Dubai Defaulted — And What America Should Learn From It - Umair Haque - HarvardBusiness.org
"Dubai was the poster child of dumb growth — and America was the aging spokesman. But what both discovered, the hard way, is that dumb growth is just a mirage in the desert. What America — and every other nation — should learn from Dubai's mistakes is this: the 21st century demands a smarter kind of growth than the 20th."

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