economic development - Publications - Faculty & Research

highways versus 5 million in the US—is a significant barrier to economic growth. His advocacy for developing a South American Riverways System to facilitate trade and transit in Colombia and neighboring... View Details

1992
Chapter

La estrategia empresarial y el entorno en los paises en desarrollo

By: J. E. Austin

Keywords: Business Strategy; Developing Countries and Economies

Citation

14 Oct 2014
First Look

First Look: October 14

Publications October 2014 Journal of International Economics The Global Agglomeration of Multinational Firms By: Alfaro, Laura, and Maggie Xiaoyang Chen Abstract—The explosion of multinational activities in recent decades is rapidly... View Details

Keywords: Sean Silverthorne

Article

Are Crises Good for Long-term Growth? The Role of Political Institutions

By: Alberto Cavallo and Eduardo Cavallo

This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. We show that once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect... View Details

Keywords: Growth; Democracy; Macroeconomics; Growth and Development; Financial Crisis; Economic Growth; Government and Politics

Citation

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22 Feb 2022
News

Q&A: The Post-Pandemic Path

than in most other countries. For instance, developed markets such as Sweden and Finland had more muted fiscal responses. They also had different responses on the medical side of the crisis. All these factors are somewhat confounding; the... View Details

Keywords: April White

Profile

Paul Scharfman

In a small, undercapitalized cheese manufacturing operation in rural Wisconsin, Paul Scharfman (AB 1976, MBA 1979) saw the opportunity to develop a variety of specialty cheeses that would appeal to the palates of the growing population of... View Details

Keywords: Manufacturing; Retail

2017
Working Paper

Business History, the Great Divergence and the Great Convergence

By: Geoffrey Jones

This working paper provides a business history perspective on debates about the Great Divergence, the rise of the income gap between the West and the Rest, and the more recent Great Convergence, which has seen a narrowing of that gap. The literature on the timing and... View Details

Keywords: Business History; Economics; History; Wealth and Poverty; Developing Countries and Economies; Economic Growth

Citation

SSRN

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22 Jun 2009
Research & Ideas

“Too Big To Fail”: Reining In Large Financial Firms

unwittingly created the mother of all moral hazards—implicit rescue guarantees as far as the eye can see? No doubt about it, says HBS professor and economic historian David Moss. "The extension of implicit guarantees to all systemically... View Details

Keywords: by Roger Thompson; Banking; Financial Services

December 2004 (Revised August 2006)
Case

Brcko and the Arizona Market

By: Bruce R. Scott and Edward Murphy

Explores the role of the U.S. military in facilitating the establishment of a spectacularly successful free trade area in one of the most devastated areas of Bosnia. NATO's imposition of law and order, plus protection from local political protection rackets, led to... View Details

Keywords: Developing Countries and Economies; Trade; Economic Growth; Industry Growth; Government Legislation; Emerging Markets; Bosnia and Hercegovina; United States

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15 Mar 2022
News

History’s Future

for the historic region, a plan that will include archeological exploration, ecological conservation, and economic development—all with a commitment to inclusivity. The old city of AlUla may be abandoned, but more than 40,000 people live... View Details

Keywords: Museums, Historical Sites, and Similar Institutions; Arts, Entertainment

2004
Chapter

The Harrod-Domar Model

By: Diego Comin

Keywords: Mathematical Methods; Economic Growth; Development Economics; Capital

Citation

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08 Jan 2014
What Do You Think?

Do Productivity Increases Contribute to Social Inequality?

Summing Up Does Social Equality Improve Productivity? Inequality in our society is an important and growing issue. It prompted a debate among respondents to this month's column about the causes, specifically the role played by innovation leading to increased... View Details

Keywords: by James Heskett

February 1997 (Revised May 1997)
Background Note

Modern India

By: Tarun Khanna and Danielle J. Melito

Describes India's move from a controlled economy toward a more market-oriented one, commencing in 1991. Highlights the extent of changes in the product, capital, and labor markets, and the political situation at the central government, as these stood in 1995. View Details

Keywords: Developing Countries and Economies; Economic Systems; Economy; Macroeconomics; Government and Politics; Strategy; Financial Services Industry; India

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25 Aug 2015
News

Sunset in the East?

prices leading to an economic collapse? —Bruce Johnstone (MBA 1966) KIRBY: Unlikely. Prices have fallen considerably in secondary and tertiary cities but are firm in the first tier. Property is, of course, a speculative investment in... View Details

Keywords: Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs; Administration of Economic Programs