World Economy - Publications - Faculty & Research

30 Nov 2018
What Do You Think?

What’s the Best Administrative Approach to Climate Change?

Summing Up: Should a 'Montreal Protocol' for Administering Global Warming Be Pursued? Climate change and how to manage it is a daunting subject. Nevertheless, several readers of this month’s column were willing to venture a model or two for administering a system... View Details

Keywords: by James Heskett; Energy

30 Apr 2019
First Look

New Research and Ideas, April 30, 2019

platforms, and hybrid platforms. We suggest that the world is moving towards more and more hybrids, and we identify the key steps in building a successful platform. 3) Failure is more likely than winner-take-all: mispricing, mistrust,... View Details

Keywords: Dina Gerdeman

23 Jan 2015
Research & Ideas

Oil Price Fallout: What Happens Next?

The last six years have proved just how fluid the international oil market is. And if recent support of the Keystone Pipeline by the U.S. House of Representatives and the Nebraska Supreme Court (which approved the pipeline's path through that state) are any indication,... View Details

Keywords: Re: Richard H.K. Vietor; Energy; Utilities

27 Aug 2014
Lessons from the Classroom

Learning From Japan’s Remarkable Disaster Recovery

leadership in mobilizing people and resources in highly dynamic situations.” Each winter, 900 HBS students dispatch around the world to see businesses up close, learn what they can about how they are run, and share their own knowledge... View Details

Keywords: by Sean Silverthorne; Energy; Utilities; Retail

02 Oct 2000
Research & Ideas

The Dubious Logic of Global Megamergers

The assumption that industries will become more concentrated as they become more global, that the global economy is a winner-take-all economy, has become common wisdom. But, according to Pankaj Ghemawat and Fariborz Ghadar, empirical... View Details

Keywords: by Pankaj Ghemawat & Fariborz Ghadar

18 Mar 2008
First Look

First Look: March 18, 2008

Foreign Direct Investment, Productivity, and Financial Development: An Empirical Analysis of Complementarities and Channels Authors:Laura Alfaro, Sebnem Kalemli-Ozcan, and Selin Sayek Publication:The World View Details

Keywords: Martha Lagace

08 Dec 2014
Research & Ideas

A Manager’s Guide to International Strategy

a tradeoff here, in terms of how similar a product will be around the world and what sort of product range a company will offer," Collis says. Will a company allow for local variation and differences in taste, and what will its... View Details

Keywords: by Julia Hanna

12 Mar 2014
Research & Ideas

Entrepreneurship and Multinationals Drive Globalization

the making of the global world over the last two centuries. Individual entrepreneurs and managers invented new products and shaped consumer demand. Firms created and diffused technologies and products, alongside the values in which they... View Details

Keywords: by Sean Silverthorne; Beauty & Cosmetics; Manufacturing; Consumer Products; Pharmaceutical

02 Jul 2001
Research & Ideas

Ray A. Goldberg

sector of the world economy." Goldberg notes that MBA students who took Agribusiness Management, an elective he taught for decades, often made significant contributions to the body of knowledge in the field. "Working in teams,... View Details

Keywords: by Staff; Agriculture & Agribusiness

22 Oct 2012
Research & Ideas

Not Your Father’s State-Run Capitalism

companies operate and how government invests in them. And yet, the business world has been slow to catch up to these changes, says Associate Professor Aldo Musacchio, a member of the Business, Government, and the International View Details

Keywords: by Michael Blanding

23 Apr 2020
Research & Ideas

This Crisis Loan Program Preserved Jobs—and Made Money

businesses afloat—and even make sure they eventually thrive—is a critical question as the world economy freezes amid the COVID-19 pandemic. Small businesses employ some 70 percent of the workforce for the 35... View Details

Keywords: by Rachel Layne; Financial Services

10 Mar 2014
Research & Ideas

Counting Up the Effects of Sarbanes-Oxley

was to improve corporate governance and restore the faith of investors, but many in the business world spoke out against SOX, viewing it as a politically motivated overcorrection that would lead to a loss of risk-taking and... View Details

Keywords: by Julia Hanna; Accounting; Banking

26 Jun 2013
Op-Ed

A Roadmap for Afghanistan’s Economic Future

responsible for the deployment of cell phones to two-thirds of Afghans. My research shows that throughout the developing world successful organizations like Roshan must inevitably take on more tasks than their counterpart firms in more... View Details

Keywords: by Tarun Khanna

21 Nov 2017
First Look

First Look at New Research and Ideas, November 21, 2017

forthcoming Journal of Political Economy Internalizing Global Value Chains: A Firm-Level Analysis By: Alfaro, Laura, Pol Antràs, Davin Chor, and Paola Conconi Abstract—In recent decades, advances in information and communication... View Details

Keywords: Sean Silverthorne

06 Mar 2012
First Look

First Look: March 6

world wants the United States to be competitive. For more than a century, global observers have considered the U.S. economy to be an exemplar and America a country to envy and imitate. Unfortunately,... View Details

Keywords: Sean Silverthorne

08 Jan 2014
What Do You Think?

Do Productivity Increases Contribute to Social Inequality?

social inequality." Romuald Kepa added: "The invention of the steam engine and resulting shifts in the society are great providers of insight… Luckily, (the) world did not collapse " Others were not so sure that... View Details

Keywords: by James Heskett

06 Jan 2011
What Do You Think?

How Should Management Deal With “Anonymous”?

said, "maybe the only thing that can help is common sense and learning to keep our mouths, and e-mails, shut." The most prevalent attitude about dealing with a leaky Internet was to assume the worst and act accordingly. In Mike Schorah's words, assume that... View Details

Keywords: by James L. Heskett

15 Oct 2001
Research & Ideas

Rethinking E-Leadership

Two years ago, talking about how the Internet changed absolutely everything was the height of fashion. Today it's hard to conceal a smirk when someone mentions a term like e-leadership. Although it's fine to enjoy a good chuckle at the way the svengalis of the New... View Details

Keywords: by Melissa Raffoni

06 Oct 2009
First Look

First Look: October 6

emphasizes the role of local financial markets in enabling FDI to promote growth through backward linkages. Using realistic parameter values, we quantify the response of growth to FDI and show that an increase in the share of FDI leads to higher additional growth in... View Details