Publications

02 Sep 2013
Research & Ideas

The Curse of Double-Digit Growth

Harvard's Center for International Development, has confidence that Liberia has the ability to strike a balance between growth and stability. Among the strengths working in its favor, he says, are transparency and macroeconomic stability.... View Details

Keywords: by Kim Girard

18 Aug 2009
First Look

First Look: August 18

macroeconomic situation and clearly pointed to the culprit in front of the Spanish Congress: "Let nobody doubt it; there is already a wide consensus about the origin of the crisis: [It is] in the U.S. and its subprime... View Details

Keywords: Martha Lagace

22 May 2018
First Look

New Research and Ideas, May 22, 2018

sources of political risk: macroeconomic and policy turbulence, excessive bureaucracy, political instability, corruption, and violence. Employing NVivo coding, marked regional differences were identified. View Details

Keywords: Dina Gerdeman

June 2013 (Revised June 2013)
Teaching Note

Brazil's Enigma: Sustaining Long-Term Growth & Currency Wars

By: Laura Alfaro and Hilary White

Over the past decade, Brazil's future as a leading world economic power appeared certain. An expanding middle class and commodity boom had fueled economic growth, with GDP growth hitting a peak of 7.5% in 2010. However, the high cost of conducting business in Brazil,... View Details

16 Aug 2016
First Look

August 16, 2016

firm’s net protection sellers. Capital fluctuations of sellers account for 10% of the time-series variation in spread changes, a significant amount given that observable firm and macroeconomic factors account for less than 16% of... View Details

Keywords: Sean Silverthorne

28 Jul 2003
Research & Ideas

It’s India Above China in New World Order

use of its resources, India's long-term outlook may be far stronger, they suggest. Macroeconomic statistics cited by Huang and Khanna show China clearly in the lead. "But," the authors wonder in Foreign Policy, "the real... View Details

Keywords: by Martha Lagace

April 2013 (Revised February 2018)
Case

Norway: The Embarrassment of Riches

By: Sophus A. Reinert, Forest Reinhardt and Senny Munthe-Kaas

In early 2013, Norway was by many accounts the world’s most developed country; it topped various indices for everything from democracy to happiness, had a comprehensive welfare state, and massive oil revenues endowed it with a substantial, and growing, Sovereign Wealth... View Details

Keywords: Sovereign Wealth Funds; Welfare State; Natural Resources; Internationalization; Dutch Disease; Happiness; Macroeconomics; Energy Sources; Values and Beliefs; Sovereign Finance; Immigration; Welfare; Energy Industry; Norway

14 Jun 2004
Research & Ideas

The Big Money for Big Projects

of the use of venture capital investment. Do you think the use of project finance is affected by market cycles as well? And if so, what economic factors do you feel would influence a boost in interest in this sort of finance? A: The field of project finance has clearly... View Details

Keywords: by Ann Cullen; Financial Services

May 2021
Case

André Hoffmann: Beyond Philanthropy

By: Lauren Cohen, Hao Gao, Jiawei Ye and Spencer C.N. Hagist

André Hoffmann is a leader of one of the world's largest pharmaceutical companies. His exceptional tenure in philanthropy over the past several decades, including being president of the WWF and the vice-president of the MAVA Foundation, has allowed him access to a far... View Details

Keywords: Strategy; Philanthropy and Charitable Giving; Restructuring; Social Entrepreneurship; Values and Beliefs; Corporate Social Responsibility and Impact; Environmental Sustainability; Cash Flow; Macroeconomics; Ethics; Business and Stakeholder Relations; Switzerland; United States; Japan

December 2012 (Revised July 2013)
Case

The “Chongqing Model” and the Future of China

By: Meg Rithmire

Since opening to the global economy in 1979, but especially since entering the WTO in 2001, China's economy grew at rates around 10% annually by attracting FDI and promoting exports. After the financial crisis that began in 2008 and depressed demand in the United... View Details

Keywords: China; Public Sector; Private Sector; Developing Countries and Economies; Macroeconomics; Public Administration Industry; China

01 Dec 2015
First Look

December 1, 2015

https://www.hbs.edu/faculty/Pages/item.aspx?num=50046 The Probability of Rare Disasters: Estimation and Implications By: Siriwardane, Emil Abstract—I analyze a rare disasters economy that yields a measure of the risk neutral probability of a View Details

Keywords: Sean Silverthorne

08 Oct 2013
First Look

First Look: October 8

over time. While it was slightly positive on average in the period 1960-2011, it was unusually high in the 1980s and negative in the 2000s, a period during which Treasury bonds enabled investors to hedge macroeconomic risks. This paper... View Details

Keywords: Sean Silverthorne

January 2010 (Revised October 2010)
Case

Colombia: Strong Fundamentals, Global Risk

By: Aldo Musacchio, Richard H. K. Vietor, Jonathan Schlefer and Carolina Camacho

By mid-2009 Colombian President Alvaro Uribe had ended decades of virtual civil war and strengthened the business climate, but he faced tough economic challenges. Though he had instituted prominent market reforms and brought inflation down sharply, Colombia seemed... View Details

Keywords: Developing Countries and Economies; Economic Growth; Macroeconomics; Trade; Global Strategy; Infrastructure; Business and Government Relations; Colombia

June 2003 (Revised July 2003)
Teaching Note

India on the Move (TN)

By: Richard H.K. Vietor

Teaching Note for (9-703-050). View Details

Keywords: Financial Crisis; Adoption; Foreign Direct Investment; Macroeconomics; Trade; Governance Controls; Competition; Inflation and Deflation; Entrepreneurship; India; Pakistan