Publications

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February 2002 (Revised February 2003)
Case

Remaking the Rainbow Nation: South Africa 2002

By: Rawi E. Abdelal, Debora L. Spar and Katherine E. Cousins

In April 1994, the world witnessed a political milestone in South Africa. After decades of repression and racial segregation, South Africa's black majority came to power at last, as the African National Congress (ANC), led by the celebrated Nelson Mandela, rode into... View Details

Keywords: Development Economics; Race; Political Elections; Economic Growth; Business and Government Relations; South Africa

Forthcoming
Article

The Evolution of Financial Services in the United States

By: Robin Greenwood, Robert Ialenti and David Scharfstein

This article surveys the literature on the historical growth and transformation of the U.S. financial sector. The sector expanded rapidly between 1980 until 2006, when its contribution to GDP rose from 4.8% to 7.6%. After the Global Financial Crisis, the size of the... View Details

Keywords: Financial Crisis; Financial Institutions; Financial Markets; Growth and Development; Economic Sectors

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02 Jun 2011
What Do You Think?

Is it Time for a National Bankruptcy?

involved a developed economy, "That would (suggest) a new type of fourth world country, a developed economy which just turned into a developing one." Should world... View Details

Keywords: by Jim Heskett

May 2020
Article

Negotiating a Better Future: How Interpersonal Skills Facilitate Inter-Generational Investment

By: Nava Ashraf, Natalie Bau, Corinne Low and Kathleen McGinn

Using a randomized control trial, we examine whether offering adolescent girls nonmaterial resources—specifically, negotiation skills—can improve educational outcomes in a low-income country. In so doing, we provide the first evidence on the effects of an intervention... View Details

Keywords: Negotiation; Competency and Skills; Training; Age; Gender; Education; Investment; Outcome or Result; Developing Countries and Economies

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August 2019
Case

Experiencya Cuba: Two Entrepreneurs in Havana

By: Charles F. Wu, Mariana Cal and Fernanda Miguel

In 2019, two Cuban entrepreneurs discussed their growth strategy, given the regulatory framework instability, for private companies, in Cuba. Experiencya Cuba offered car and apartment rentals, airport pick-up, and tours around the island, all conducted in perfectly... View Details

Keywords: Self-employed; Regulatory Changes; Developing Countries and Economies; Entrepreneurship; Growth and Development Strategy; Problems and Challenges; Tourism Industry; Auto Industry; Transportation Industry; Cuba

27 May 2021
News

History’s Future

of AlUla, it is AlMadani’s responsibility to chart a 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... View Details

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

January 2006 (Revised July 2006)
Case

Drug Testing in Nigeria (A)

By: Debora L. Spar

In 1996, a meningitis epidemic swept across Nigeria. Thousands of children were struck and, lacking appropriate medicine, were liable to die from the disease. Doctors at Pfizer had an antibiotic that could probably save most of these children's lives. The drug was new,... View Details

Keywords: Risk and Uncertainty; Health Pandemics; Health Testing and Trials; Developing Countries and Economies; Pharmaceutical Industry; Nigeria

15 Oct 2019
News

Engaging More Deeply with Business in Africa

visitors. “We are focusing on initiatives targeted to improve the economic prosperity of the people.” The message resonated with the HBS group, who visited 20 companies in Nairobi and Mombasa, Kenya; and Lagos, Nigeria, ranging from a... View Details

01 Aug 2001
News

George C. Lodge

to HBS to complete his first book, Spearheads of Democracy: Labor in the Developing Countries. He didn't have a graduate degree and never expected to become a professor. But in a remarkable HBS career that has spanned four decades and... View Details

Keywords: Alumni Achievement Award; Stanley F. Teele; Ezra F. Vogel; John W. Rosenblum

01 Jun 2010
News

Merton Receives Prestigious Award

University Professor Robert Merton, a member of the HBS faculty since 1988 and cowinner of the 1997 Nobel Prize in Economics, recently received the Kolmogorov Medal from the University of London. He was honored for his distinguished work in the fields of research... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services; Finance

30 Apr 2007
Research & Ideas

All Eyes on Slovakia’s Flat Tax

foreign direct investment and for sustainable economic growth? These questions and more are explored in a forthcoming business case coauthored by Alfaro along with HBS professor Rafael M. Di Tella, Executive Director of the HBS Europe... View Details

Keywords: by Martha Lagace

01 Jun 2017
News

A Finger on the Pulse of the Financial System

basis,” says Greenwood, who worked with fellow HBS finance professor Malcolm Baker and Harvard economics professor Andrei Shleifer to get the proj ect off the ground. “Historically our group has been pretty fluid, though, and we decided... View Details

June 2003 (Revised March 2008)
Case

India on the Move

By: Richard H.K. Vietor and Emily Thompson

By 2003, India had been growing at almost 6% annually since 1992, after it suffered a financial collapse, abandoned import substitution, and moved gradually to adopt the Washington Consensus. Now, financial controls and competition barriers are less burdensome,... View Details

Keywords: Developing Countries and Economies; Economic Growth; Entrepreneurship; Foreign Direct Investment; Business and Government Relations; India