Publications

March 2008 (Revised March 2010)
Module Note

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

By: Laura Alfaro

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

Emily Tedards is a Doctoral Student in the Organizational Behavior program at Harvard Business School and a Doctoral Fellow for the Reimagining the Economy Initiative at Harvard Kennedy School. Emily is interested in interorganizational networks, alliances, and the... View Details

April 2020 (Revised July 2020)
Case

Unrest in Chile

By: Vincent Pons, William Mullins, John Masko, Annelena Lobb and Rafael Di Tella

In 2020, Chileans would head to the ballot box to decide their country’s future. Many international observers credited Chile’s decades of neoliberal governance with turning the country into Latin America’s “Tiger,” a prosperous, diversified economy on its way to... View Details

Keywords: Developing Countries and Economies; Macroeconomics; Economy; Political Elections; Public Opinion; Social Issues; Equality and Inequality; System Shocks; Chile; Latin America

15 Oct 2012
News

What business should do to restore competitiveness

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

06 Dec 2012
HBS Seminar

Francisco Monaldi, Robert F. Kennedy Visiting Professor, Harvard Kennedy School

January 2017
Case

Exotic Interest Rate Swaps: Snowballs in Portugal

By: Boris Vallee, Patrick Augustin and Philippe Rich

This case explores a complex swap transaction implemented by Metro do Porto in 2007. It represents an opportunity to study fixed income derivative instruments, such as plain-vanilla swaps and structured swaps, as well as understand the opportunities and challenges of... View Details

Keywords: Swaps; Public Finance; Structured Finance; Credit Derivatives and Swaps; Public Sector; Transportation Industry; Rail Industry; Portugal

Charlotte Robertson is an Assistant Professor in the Business, Government, and the International Economy Unit at Harvard Business School. She teaches BGIE in the MBA required curriculum.

Professor Robertson conducts research on the history of financial... View Details

August 2009 (Revised March 2011)
Case

Shenzhen Development Bank

By: Li Jin, Yuhai Xuan and Xiaobing Bai

Weijian Shan, Managing Partner of Newbridge Capital, faces a tough call in regard to his firm's investment in Shenzhen Development Bank, China's fifteenth-largest commercial bank listed on the Shenzhen Stock Exchange. Due to the aggressive lobby of the existing... View Details

Keywords: Mergers and Acquisitions; Private Equity; Commercial Banking; Investment; Emerging Markets; Business and Government Relations; Banking Industry; China

July 2011
Article

Institutions and Inequality in Single Party Regimes: A Comparative Analysis of Vietnam and China

Despite the fact that China and Vietnam have been the world's two fastest growing economies over the past two decades, their income inequality patterns are very different. In this paper, we take a deep look at political institutions in the two countries, demonstrating... View Details

Keywords: Equality and Inequality; Developing Countries and Economies; Motivation and Incentives; Government and Politics; Policy; Power and Influence; Decision Making; Income; China; Viet Nam

Find at Harvard

March 2015
Case

The Sino-Russian Rapprochement: Energy Relations in a New Era

By: Rawi Abdelal, Morena Skalamera and Sogomon Tarontsi

The United States could enhance or threaten China's energy security but China was unsure of the U.S. intentions. China and the United States were both friends and potential foes. In the meantime, Russia's own ambivalent relationship with the United States and its... View Details

Keywords: International Relations; Energy; Trade; Conflict and Resolution; Business and Government Relations; Energy Industry; China; United States; Russia

March 2011 (Revised May 2011)
Case

China Construction America (A): The Road Ahead

How did a Chinese state-owned construction company strike one deal after another in South Carolina despite political backlash and in New York where well-established competitors dominate? The case examines the U.S. market entry strategy of the CSCEC, China's leading... View Details

Keywords: Foreign Direct Investment; Global Strategy; Market Entry and Exit; Negotiation Deal; State Ownership; Construction Industry; China; United States

15 Apr 2008
First Look

First Look: April 15, 2008

China's economy in context; and finally (3) "China and the Global Economy" shows how China's engagement with the global economy has... View Details

Keywords: Martha Lagace

26 Apr 2016
News

The Quiet War on Corporate Accountability

Research Summary

Current Research Interests

Employment Contract, Collective Bargaining, and Human Capital Investment

American Welfare Capitalists, 1910-1940

Political Economy of New Deal Labor Legislation

A Comparative Historical Analysis of Wartime Labor Regulation during W.W.II in the U.S.... View Details

30 Nov 2010
Working Paper Summaries

The New Face of Chinese Industrial Policy: Making Sense of Anti-Dumping Cases in the Petrochemical and Steel Industry

Keywords: by Regina Abrami & Yu Zheng; Manufacturing; Chemical

October 2015
Article

The Multinational Firm and Geopolitics: Europe, Russian Energy, and Power

By: Rawi Abdelal

Multinational firms unavoidably exert influence over politics through power that is generated by both structure and process. While both political economy and management scholars address international firms, neither field has an adequate understanding of the reciprocal... View Details

Keywords: Multinational Firms and Management; Government and Politics; Economics; Europe; Russia

Read Now

June 2005 (Revised February 2006)
Case

TCL Multimedia

By: Tarun Khanna, Felix Oberholzer-Gee and David Lane

TCL considers the underlying logic behind the globalization of one of China's most prominent companies. TCL, and similarly prominent companies in China, are in the forefront of China's emergence as one of the world's preeminent economic powers. Allows a discussion of... View Details

Keywords: Globalized Firms and Management; Success; Business Strategy; Developing Countries and Economies; China