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The Emerging, Not-for-Profit Economy

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Across numerous countries, the economic contribution of the not-for-profit sector has been on the rise since the late 1990s. In Canada, for example, not-for-profit institutions now contribute 8% of the country’s gross domestic product. I believe that, in the coming 30 years, this trend will accelerate to the point that not-for-profit business replaces private enterprise at the center of all domestic economies.

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