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NBER WORKING PAPER SERIESSERVICES IN THE DOMESTIC ECONOMY AND IN WORLD TRANSACTIONSIrving B. KravisWorking Paper No. 1124NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge MA
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Short-run pain long-run gain refers to the idea that making sacrifices or facing difficulties in the short term can lead to significant benefits or advantages in the long term.
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Individuals or entities that have experienced short-term losses or sacrifices but aim for long-term benefits are often required to document and file this concept in contexts such as financial statements or investment reports.
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To fill out short-run pain long-run gain documentation, one should outline the short-term challenges faced, the strategies implemented to overcome them, and the anticipated long-term benefits that are expected to follow.
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The purpose of short-run pain long-run gain is to illustrate the potential trade-offs between immediate discomfort or loss and future rewards, helping individuals and organizations make informed decisions.
What information must be reported on short-run pain long-run gain?
Information that must be reported includes details of the short-term sacrifices, the rationale behind decisions made, strategies employed, and projections of long-term outcomes or benefits.
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