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  • All HBS Web  (246)
    • News  (11)
    • Research  (227)
  • Faculty Publications  (130)

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  • All HBS Web  (246)
    • News  (11)
    • Research  (227)
  • Faculty Publications  (130)
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  • 2014
  • Book

Los Buenos Tiempos Son Éstos: Los efectos de la incursión de la banca extranjera en México después de un siglo de crisis bancarias [These Are the Good Old Days: Foreign Entry and the Mexican Banking System]

By: Stephen Haber and Aldo Musacchio
This book is the Spanish edition of our award winning paper "These Are the Good Old Days: Foreign Entry and the Mexican Banking System." NBER Working Paper Series, No. 18713, January 2013. The book examines the effects of foreign bank entry into Mexico. Foreign banks... View Details
Keywords: Banks And Banking; Mexico; Commercial Banking; Foreign Direct Investment; Competition; Financial Markets; Banking Industry; Mexico
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Haber, Stephen, and Aldo Musacchio. Los Buenos Tiempos Son Éstos: Los efectos de la incursión de la banca extranjera en México después de un siglo de crisis bancarias [These Are the Good Old Days: Foreign Entry and the Mexican Banking System]. Mexico City, Mexico: Centro de Estudios Espinosa Yglesias, 2014, Spanish ed. Electronic.
  • Fall 2012
  • Article

Foreign Entry and the Mexican Banking System, 1997-2007

By: Stephen Haber and Aldo Musacchio
What is the impact of foreign bank entry on the pricing and availability of credit in developing economies? The Mexican banking system provides a quasi-experiment to address this question because in 1997 the Mexican government radically changed the laws governing the... View Details
Keywords: Banks and Banking; Ownership; Foreign Direct Investment; Laws and Statutes; Developing Countries and Economies; Banking Industry; Mexico
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Haber, Stephen, and Aldo Musacchio. "Foreign Entry and the Mexican Banking System, 1997-2007." Economía 13, no. 1 (Fall 2012): 13–37.
  • September 2010 (Revised April 2011)
  • Case

Sherritt Goes to Cuba (A): Political Risk in Unchartered Territory

By: Aldo Musacchio and Jonathan Schlefer
Ian Delaney, CEO of Sherritt, a primarily a mining company, visited Cuba in the early 1990s to negotiate a deal to export nickel for their Canadian refineries. The case describes the difficulties of doing business in Cuba and the challenges Delaney overcame to turn... View Details
Keywords: Business Conglomerates; Joint Ventures; Multinational Firms and Management; Growth and Development Strategy; Risk Management; Emerging Markets; Business and Government Relations; Mining Industry; Canada; Cuba; United States
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Musacchio, Aldo, and Jonathan Schlefer. "Sherritt Goes to Cuba (A): Political Risk in Unchartered Territory." Harvard Business School Case 711-001, September 2010. (Revised April 2011.)
  • June 2010 (Revised July 2012)
  • Supplement

Dubai: Debt, Development, and Crisis (C)

By: Aldo Musacchio, Andrew Christopher Goodman and Claire K. Qureshi
On November 25, 2009, the city state of Dubai stunned markets by announcing that Dubai World, its flagship state holding company, would seek a six month "standstill" on at least $4 billion U.S. dollars of its $26 billion in debt obligations. This case describes Dubai's... View Details
Keywords: Finance; Investment; Emerging Markets; Trade; Insolvency and Bankruptcy; Development Economics; Financial Crisis; State Ownership; Sovereign Finance; Business Strategy; Dubai
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Musacchio, Aldo, Andrew Christopher Goodman, and Claire K. Qureshi. "Dubai: Debt, Development, and Crisis (C)." Harvard Business School Supplement 710-071, June 2010. (Revised July 2012.)
  • December 2018 (Revised March 2020)
  • Technical Note

Note on Economic Inequality (2020)

By: Rebecca Henderson, Jessica A. Gover, Aldo Sesia and Mariana Oseguera Rodriguez
For over half a century, most of the world's economies have enjoyed steady growth and prosperity. While this economic growth has reduced the number of people living in poverty, it has come with an increase in economic inequality. The gap between the "haves" and the... View Details
Keywords: Economic Inequalty; Wealth Inequality; Equality Of Opportunity; Political Polarization; Economic Growth; Economics; Income; Wealth; Equality and Inequality; Society; Problems and Challenges
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Henderson, Rebecca, Jessica A. Gover, Aldo Sesia, and Mariana Oseguera Rodriguez. "Note on Economic Inequality (2020)." Harvard Business School Technical Note 319-071, December 2018. (Revised March 2020.)
  • August 2017 (Revised August 2018)
  • Case

Veracity Worldwide: Evaluating FCPA-Related Risks in West Africa

By: Aldo Musacchio and Sophus A. Reinert
Keywords: Risk and Uncertainty; Business and Government Relations; Crime and Corruption; Emerging Markets; Africa
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Musacchio, Aldo, and Sophus A. Reinert. "Veracity Worldwide: Evaluating FCPA-Related Risks in West Africa." Harvard Business School Case 718-011, August 2017. (Revised August 2018.)
  • October 2011 (Revised August 2017)
  • Case

Veracity Worldwide in Syria: Assessing Political Risk in a Volatile Environment

By: Aldo Musacchio and Sophus A. Reinert
Keywords: Risk and Uncertainty; Government and Politics; Business and Government Relations; Syria
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Musacchio, Aldo, and Sophus A. Reinert. "Veracity Worldwide in Syria: Assessing Political Risk in a Volatile Environment." Harvard Business School Case 712-009, October 2011. (Revised August 2017.)
  • August 2010
  • Teaching Note

Petrobras in Ecuador (TN) (A), (B) and (C)

By: Aldo Musacchio and Lena G. Goldberg
Teaching Note for 309107. View Details
Keywords: Brazil; Ecuador
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Musacchio, Aldo, and Lena G. Goldberg. "Petrobras in Ecuador (TN) (A), (B) and (C)." Harvard Business School Teaching Note 311-043, August 2010.
  • 2011
  • Working Paper

What Do Development Banks Do? Evidence from Brazil, 2002-2009

By: Sergio G. Lazzarini, Aldo Musacchio, Rodrigo Bandeira-de-Mello and Rosilene Marcon
While some authors view development banks as an important tool to alleviate capital constraints in scarce credit markets and unlock productive investments, others see those banks as conduits of cheap loans to politically connected firms that could obtain capital... View Details
Keywords: Cost of Capital; Credit; Equity; Banks and Banking; Financing and Loans; Investment; Government and Politics; Data and Data Sets; Resource Allocation; Markets; Performance; Banking Industry; Brazil
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Lazzarini, Sergio G., Aldo Musacchio, Rodrigo Bandeira-de-Mello, and Rosilene Marcon. "What Do Development Banks Do? Evidence from Brazil, 2002-2009." Harvard Business School Working Paper, No. 12-047, December 2011.
  • October 2011
  • Case

Sovereign Wealth Funds: Barbarians at the Gate or White Knights of Globalization?

By: Aldo Musacchio and Emil Staykov
Keywords: Emerging Markets; Finance; Investment; Globalization
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Musacchio, Aldo, and Emil Staykov. "Sovereign Wealth Funds: Barbarians at the Gate or White Knights of Globalization?" Harvard Business School Case 712-022, October 2011.
  • September 2010
  • Supplement

Sherritt Goes to Cuba (C): Cuba country data

By: Aldo Musacchio and Jonathan Schlefer
Keywords: Data and Data Sets; Cuba
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Musacchio, Aldo, and Jonathan Schlefer. "Sherritt Goes to Cuba (C): Cuba country data." Harvard Business School Supplement 711-003, September 2010.
  • January 2009 (Revised February 2010)
  • Case

Necessity and Invention: Monetary Policy Innovation and the Subprime Crisis

By: Aldo Musacchio and Dante Roscini
This case describes the efforts of Ben Bernanke, Chairman of the Federal Reserve, to improve liquidity in money markets during the subprime crisis. The case explains the four main new tools for monetary policy (or quantitative easing) the Federal Reserve has used... View Details
Keywords: Financial Crisis; Money; Financial Liquidity; Central Banking; Policy; Business and Government Relations
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Musacchio, Aldo, and Dante Roscini. "Necessity and Invention: Monetary Policy Innovation and the Subprime Crisis." Harvard Business School Case 709-041, January 2009. (Revised February 2010.)
  • May 2006 (Revised January 2007)
  • Teaching Note

The Barber of Buenos Aires: Argentina's Debt Renegotiation (TN)

By: Noel Maurer and Aldo Musacchio
Keywords: Borrowing and Debt; Argentina
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Maurer, Noel, and Aldo Musacchio. "The Barber of Buenos Aires: Argentina's Debt Renegotiation (TN)." Harvard Business School Teaching Note 706-062, May 2006. (Revised January 2007.)
  • 2006
  • Chapter

The International Rubber Market, 1870-1930

By: Zephyr Frank and Aldo Musacchio
Keywords: Rubber Industry
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Frank, Zephyr, and Aldo Musacchio. "The International Rubber Market, 1870-1930." Chap. 10 in From Silver to Cocaine: Latin American Commodity Chains and the Building of the World Economy, 1500-2000, edited by Steven Topik, Carlos Marichal, and Zephyr Frank, 271–299. Durham: Duke University Press, 2006.
  • December 2012 (Revised January 2013)
  • Case

Pemex (A): In a Free Fall?

By: Noel Maurer and Aldo Musacchio
Keywords: Turnarounds; Oil Prices; State-owned Enterprises; Oil Companies; National Oil Companies; Energy; Privatization; State Ownership; Corporate Governance; Energy Industry; Mexico; North America
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Maurer, Noel, and Aldo Musacchio. "Pemex (A): In a Free Fall?" Harvard Business School Case 713-051, December 2012. (Revised January 2013.)
  • August 2012
  • Teaching Note

Indian Railways: Building a Permanent Legacy? (TN)

By: Tarun Khanna and Aldo Musacchio
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Khanna, Tarun, and Aldo Musacchio. "Indian Railways: Building a Permanent Legacy? (TN) ." Harvard Business School Teaching Note 713-019, August 2012.
  • 2010
  • Working Paper

Foreign Entry and the Mexican Banking System, 1997-2007

By: Stephen Haber and Aldo Musacchio
What is the impact of foreign bank entry on the pricing and availability of credit in developing economies? The Mexican banking system provides a quasi-experiment to address this question because in 1997 the Mexican government radically changed the laws governing the... View Details
Keywords: Developing Countries and Economies; Credit; Banks and Banking; Financing and Loans; Foreign Direct Investment; Market Entry and Exit; Business and Government Relations; Banking Industry; Mexico
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Haber, Stephen, and Aldo Musacchio. "Foreign Entry and the Mexican Banking System, 1997-2007." Harvard Business School Working Paper, No. 10-114, June 2010.
  • 2006
  • Working Paper

Bankers, Industrialists, and Their Cliques: Elite Networks in Mexico and Brazil during Early Industrialization

By: Aldo Musacchio and Ian Read
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Musacchio, Aldo, and Ian Read. "Bankers, Industrialists, and Their Cliques: Elite Networks in Mexico and Brazil during Early Industrialization." Harvard Business School Working Paper, No. 06-048, April 2006.
  • May 2013
  • Case

Education in Brazil: Waiting for a Revolution

By: Aldo Musacchio and Alejandra Meraz Velasco
This case describes the situation of the education system in Brazil circa 2012. The case discusses first some of the problems of the Brazilian education system. Then, the case summarizes the findings of a recent study of high performing schools in Brazil and outlines... View Details
Keywords: Quality Of Education; Federalism; Elementary Education; Quality; Human Capital; Education; Education Industry; Brazil; Korean Peninsula
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Musacchio, Aldo, and Alejandra Meraz Velasco. "Education in Brazil: Waiting for a Revolution." Harvard Business School Case 713-095, May 2013.
  • November 2010
  • Teaching Note

Mexico: Crisis and Competitiveness (TN)

By: Richard H.K. Vietor and Aldo Musacchio
Teaching Note for 710058. View Details
Keywords: Governing Rules, Regulations, and Reforms; Currency; Government and Politics; Trade; Infrastructure; Mexico; China; Europe; Latin America
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Vietor, Richard H.K., and Aldo Musacchio. "Mexico: Crisis and Competitiveness (TN)." Harvard Business School Teaching Note 711-011, November 2010.
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