Publications

Educators

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Creating Emerging Markets

Thriving in Growth & Turbulence The Creating Emerging Markets project provides a unique research and teaching resource on business leadership in Africa, Asia, Latin America and the Middle East over recent decades. At its core are over 180 interviews View Details

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General Management - Faculty & Research

Accelerator, United Nations Global Compact, Boston, MA, USA, June 3, 2025. More Publications In the News 20 Jun 2025 VoxEU When Supply Shocks to Essential Inputs Spur Innovation: Lessons from the Global Rare Earths Disruption By: Laura... View Details

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General Management Faculty - Faculty & Research

General Management Overview Faculty Curriculum Awards & Honors Doctoral Students Unit Head Debora L. Spar Jaime and Josefina Chua Tiampo Professor of Business Administration Senior Associate Dean, Business in Global Society Unit Head, General Management View Details

10 Jul 2018
News

Trump’s Protectionist Threat to Latin America

March 2008 (Revised March 2010)
Module Note

Global Capital and National Institutions: Crisis and Choice in the International Financial Architecture

This module note presents a series of case studies taught in the Harvard Business School course Institutions, Macroeconomics, and the Global Economy (IMaGE). The course addresses the opportunities created by the emergence of a global economy and proposes strategies for... View Details

Keywords: Risk and Uncertainty; International Finance; Globalized Economies and Regions; Macroeconomics

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Podcasts - Managing the Future of Work

digital strategy and how technology is changing the dining experience and restaurant work, from frontline to back office. Upwork’s Hayden Brown on bridging volatility with contingency 08 MAY 2025 | Managing the Future of Work "Freelance View Details

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Latin America - Global

Catena, a graduate of Harvard University. Laura serves as the managing director of Bodega Catena Zapata, a world-renowned family-owned winery started by her great-grandfather. She also owns Luca Wines,... View Details

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Video Clips - Creating Emerging Markets

Video Clips This library of video clips enables educators and others to search for relevant interview clips by subject, industry, country, or any combination of all three. Users can also search by name to... View Details

2017
Chapter

Multinational Activity in Emerging Markets: How and When Does Foreign Direct Investment Promote Growth?

Among the prominent economic trends in recent decades is the exponential increase in flows of goods and capital driven by technological progress and a falling number of restrictions. A key driver of this phenomenon has been the cross-border production, foreign... View Details

Keywords: Multinational Activity; Growth; Spillovers; Complementarities; Foreign Direct Investment; Emerging Markets; Growth and Development; Multinational Firms and Management

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Impact Investments

Mashwama, Yue (Cynthia) Xu, and T. Robert Zochowski Studying the U.S.-Based Portfolio Companies of U.S. Impact Investors By M. Diane Burton, Gurveen Chadha, Shawn A. Cole, Abhishek Dev, Christina Jarymowycz, Leslie Jeng, View Details

May 2017 (Revised November 2017)
Case

Cotopaxi: Managing Growth for Good

By: Andy Wu and Laura Huang

Cotopaxi, an innovative outdoor gear business targeting millennials, focuses on profit and social impact. This registered benefit corporation was formed by Davis Smith who coalesced his experiences as a Wharton MBA student along with professional knowledge from an... View Details

Keywords: Entrepreneurship; Social Venture; Benefit Corporation; B-Corp; Retail; Consumer Products; Apparel; Social Impact; Social Entrepreneurship; Business Model; Product Positioning; Social Enterprise; Mission and Purpose; Consumer Products Industry; Retail Industry

Educators

Research Summary

India Transformed? Insights from the Firm Level 1988-2005 (with Anusha Chari)

Using firm-level data this paper analyzes, the transformation of India’s economic structure following the implementation of economic reforms. The focus of the study is on publicly-listed and unlisted firms from across a wide spectrum of manufacturing and services... View Details

December 12, 2009
Other Article

The Transformation of India: Incumbent Control, Reforms, and Newcomers

By: Laura Alfaro and Anusha Chari

What microeconomic forces drove the structural transformation of India's economy in recent decades? This column studies firm-level data and portrays a dynamic economy driven by the growth of private and foreign firms. But the Indian economy did not go through an... View Details

Keywords: Transformation; Microeconomics; India

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January 2024
Article

A Cost Model for a Low Threshold Clinic Treating Opioid Use Disorder

By: Sarah E. Wakeman, Elizabeth Powell, Syed Shehab, Grace Herman, Laura Kehoe and Robert S. Kaplan

The US fee-for-service payment system under-reimburses clinics offering access to comprehensive treatments for opioid use disorder (OUD). The funding shortfall limits a clinic’s ability to expand and improve access, especially for socially marginalized patients with... View Details

Keywords: Health Care and Treatment; Cost; Equality and Inequality; Health Industry

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Article

On the Political Economy of Temporary Stabilization Programs

This paper provides a political economy explanation for temporary exchange-rate-based stabilization programs by focusing on the distributional effects of real exchange-rate appreciation. I propose an economy in which agents are endowed with either tradable or... View Details

Keywords: Government and Politics; Economy; Balance and Stability; Programs; Currency Exchange Rate; Cash; Value; Distribution

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General Management Awards & Honors - Faculty & Research

the World Economic Forum and Global Agenda Councils, 2016–2020. 2018 Laura Alfaro : Recipient of a Harvard China Fund Faculty Grant in 2018. Hubert Joly : Inducted into the Junior Achievement of the... View Details

Awards

NBER Faculty Research Fellow

Named Faculty Research Fellow at the National Bureau of Economic Research, 2007. View Details

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Finance - Faculty & Research

Outside: The Financial Curb Market, the Electric Telegraph, and the Politics of Pricing in Second Empire France." Journal of Modern History 97, no. 2 (June 2025): 307–347. More Publications Faculty Josh Lerner Paul A. Gompers William A. Sahlman Robert S. Kaplan Kenneth... View Details

Research Summary

On the Political Economy of Stabilization Programs