Recessions - Publications - Faculty & Research

24 Jun 2016
Op-Ed

Why Brexit is a Big Deal

of England has clearly prepared thoroughly for Brexit. But few British or European businesses have any contingency plans. The Brexit vote will drive Europe into recession and highlight further the structural weakness of its social... View Details

Keywords: by John Quelch

24 Mar 2022
Research & Ideas

Why Cutting Jobless Aid Isn't the Answer to Worker Shortages

ultimately get people back to work. This research may help policymakers decide how to implement any future emergency benefits that are knit into the broader economy, yielding better tools to handle the next economic downturn, Kluender says. "This is unlike any View Details

Keywords: by Rachel Layne

23 Apr 2008
Op-Ed

The Gap in the U.S. Treasury Recommendations

not just what are known now as commercial banks. Like the current bank regulators, however, the new prudential regulator would protect its own territory, trying to make sure disaster does not strike on its watch. During the U.S. recession... View Details

Keywords: by Dwight Crane; Banking; Construction; Real Estate; Financial Services

31 Aug 2020
Research & Ideas

State and Local Governments Peer Into the Pandemic Abyss

Cities and states are feeling the financial pain of this recession more quickly than in past downturns after pandemic-induced lockdowns swiftly decimated sales tax revenue that helps fund their operations. In fact, new research finds that... View Details

Keywords: by Kristen Senz

12 Feb 2016
Op-Ed

The Real Jobs Tragedy in the US: We've Lost the Skills

America’s jobs growth rate steadily slowed and labor force participation fell dramatically. It currently stands at a level not seen since the grinding recession of 1980 to 1982. It’s no secret that several tectonic changes have affected... View Details

Keywords: by Joe Fuller and Matt Sigelman; Manufacturing; Electronics

23 Apr 2020
Research & Ideas

This Crisis Loan Program Preserved Jobs—and Made Money

payments, and are forgivable if firms use the cash infusion for essentials like rent and to retain most workers. A catastrophe in France A dozen years ago, as the Great Recession unfolded, French small businesses also faced catastrophic... View Details

Keywords: by Rachel Layne; Financial Services

21 Oct 2013
Research & Ideas

Missing the Wave in Ship Transport

price increases drove an industry uptick as the market shifted from oil to coal. Demand for ships outstripped supply until 1981, when a global recession and the US coal miners' strike led to a collapse in ship-hire rates. By 1983,... View Details

Keywords: by Kim Girard; Transportation

17 Jul 2017
Op-Ed

Op-Ed: As America Recedes from Global Leadership, Its CEOs are Stepping Up

outspokenness of business leaders, marks a sharp break with the past 15 years when CEOs kept their heads down to concentrate on running their own businesses. In part, they were reacting to the challenges of the Great Recession as well as... View Details

Keywords: by Bill George

17 Jun 2019
Research & Ideas

What Hospitals Must Learn to Compete

would it take to force change of that magnitude? Dafny: We’re talking about pretty painful and uncertain measures, and they require a lot of work. You can see why people are, in my view, overly content with the status quo. When the next View Details

Keywords: by Alumni Bulletin Staff; Health

18 Aug 2009
First Look

First Look: August 18

strategy as well as whether she is the right person to continue to lead the organization. Purchase this case: http://cb.hbsp.harvard.edu/cb/product/410013-PDF-ENG Executive Pay and the Credit Crisis of 2008 (B) Harvard Business School Supplement 110-005 As the View Details

Keywords: Martha Lagace

23 Jul 2020
Research & Ideas

How Countries Use Financial Policy to Fight COVID-19

or a partial one. Developing countries have a different pandemic One notable difference among nations seemed intuitive: Developing countries have far fewer tools—they are less able to stave off a deep recession or even depression—than... View Details

Keywords: by Rachel Layne

01 May 2020
In Practice

COVID-19’s Hard Lessons Might Prepare Business for Climate Change

The coronavirus pandemic caught the business world by surprise, but the catastrophe might force companies to face a crisis that has been unfolding in plain sight: climate change. We asked faculty members affiliated with the Business and Environment Initiative at... View Details

Keywords: by Danielle Kost

11 Feb 2002
Research & Ideas

Guts and Bliss: The Entrepreneur’s Journey

sense of self to the business and all its ups and downs. Taking some time away with a loved one, she said, will not only be personally beneficial but will also "lead you to the best ideas for your businesses." How should entrepreneurs go forward, View Details

Keywords: by Martha Lagace

05 Aug 2014
First Look

First Look: August 5

the net new jobs in our country. Yet in recent years, small businesses have been slow to recover from a recession and credit crisis that hit them especially hard. This lag has prompted the question, "Is there a credit gap in small... View Details

Keywords: Sean Silverthorne

21 Jul 2014
Research & Ideas

Is a Gap in Small-Business Credit Holding Back the American Economy?

engine for innovation and job creation to drive competitiveness, while also providing a path to a prosperous lifestyle for countless American families. But today, small businesses are not creating these jobs at the rate that we need. The View Details

Keywords: by Karen Mills; Manufacturing

18 Apr 2005
Research & Ideas

Selling Luxury to Everyone

now," she said. "The consumer really wants highly designed garments at an affordable price." Tyler Morse, president of Bliss, an upscale spa and beauty company purchased by Starwood Resorts and Hotels in 2004, said that even in a View Details

Keywords: by Julie Jette; Consumer Products

30 Sep 2019
Book

Book Excerpt: Why a Volume on Race, Work, and Leadership

respect to black leaders’ economic influence over the past century. Most remarkably, the former president of the United States, Barack Obama, was placed at the helm of the US economy in the midst of the Great Recession and executed... View Details

Keywords: Re: Andi Wang

01 Jun 2021
What Do You Think?

Are Employers Ready for a Flood of 'New' Talent Seeking Work?

return of a pandemic. But what about potential opportunities associated with the recession of the coronavirus, opportunities associated with a “reshuffling of the deck” in the workforce caused by COVID-19 that could create opportunities... View Details

Keywords: by James Heskett

08 May 2020
In Practice

Nonprofits Hurt by COVID-19 Must Hoard Cash to Hold On

Social Enterprise Initiative at Harvard Business School shared advice for nonprofits facing dire financial challenges. How can donors support social impact organizations through a recession? Michael Chu: Support proven organizations with broad impact First, the... View Details