Publications

01 Dec 2018
News

Averting Crisis

be measured in real time, it would be easier to anticipate financial vulnerability and take measures to prevent future crises.” —Robin Greenwood, George Gund Professor of Finance and Banking; Chair, BFFS Project “Most decisions in finance and View Details

12 Jan 2004
What Do You Think?

How Should We Think About the Exportation of Jobs?

this impact: the broad, shallow, positive impact on product prices versus the narrow, deep, negative impact on individuals." These quotes help sum up the nature of the thought-provoking debate stirred by this month's column. On the one hand, arguments based on... View Details

Keywords: by James Heskett

Fast Answer

Digital Innovation and Transformation: Resources useful for Course Assignments

black; width:534px; padding:0in 7px 0in 7px; border-top:none; border-right:1px solid black; border-left:none" valign="top"> Global market reports on a broad range of industry sectors from diverse research firms. Also covers some company information, country... View Details

30 Apr 2007
Research & Ideas

All Eyes on Slovakia’s Flat Tax

explore some of the many interesting developments going on in Eastern and Central Europe for my course Institutions, Macroeconomics and the Global Economy, so I contacted Vincent at the Europe Research Center to find out if they could... View Details

Keywords: by Martha Lagace

March 2007 (Revised January 2008)
Case

Korea: After the 1997 Financial Crisis

By: Laura Alfaro, Rafael M. Di Tella and Renee Kim

Examines what happened to Korea after the 1997 financial crisis and the implementation of the IMF-mandated reforms imposed on Korea as conditionalities to the country's emergency loan package. View Details

Keywords: Financial Crisis; Macroeconomics; Financing and Loans; Governing Rules, Regulations, and Reforms; Crisis Management; South Korea

January 2013 (Revised August 2013)
Case

Vietnam: Sustaining the Growth of an Asian Tiger

By: Michael E. Porter and Christian H.M. Ketels

The case tracks Vietnam's economic policy choices and performance from the end of the Vietnam war to the Doi Moi economic reforms and the economic transformation that followed. Throughout this period, the country had become a darling of the international aid community.... View Details

Keywords: Conflict Management; Leadership; Policy; Transformation; Economic Growth; Developing Countries and Economies; Macroeconomics; Viet Nam

12 Jun 2012
First Look

First Look: June 12

External risks arise from events outside the company and are beyond its influence or control. Sources of these risks include natural and political disasters and major macroeconomic shifts. Risk events from any category can be fatal to a... View Details

Keywords: Sean Silverthorne

07 Aug 2000
Research & Ideas

Rocket Science Retailing

developed by planners and occur independent of the bottom-up process. They are based on macroeconomic factors such as the economic growth rate and corporate growth objectives. The two approaches typically yield different results, which... View Details

Keywords: by Marshall L. Fisher, Ananth Raman & Anna Sheen McClelland; Retail

December 2017 (Revised January 2024)
Case

Globalization Past, 1850–1914 (A)

By: Sophus A. Reinert and Federica Gabrieli

On the evening of 3 August 1914, British Foreign Secretary Lord Edward Grey contemplated whether to advise King and Parliament to declare war on Germany in the wake of the country’s invasion of Belgium or to stay out of what quickly was becoming a world war triggered... View Details

Keywords: The World; The Rise And Fall Of Globalization; World War; Globalization; War; Economics; Trade; Business Cycles; Economic Growth; Economic Slowdown and Stagnation; Society; History; Values and Beliefs; Macroeconomics

September 2014 (Revised May 2015)
Case

The United Kingdom and the Means to Prosperity

By: Laura Alfaro, Lakshmi Iyer and Hilary White

After struggling through the country's longest recession since 2008, the U.K. was expected to grow faster than any other G7 nation in 2014. Analysts wondered whether the return to growth was because, or in spite of, Prime Minister David Cameron's controversial £113... View Details

April 2007 (Revised August 2014)
Case

Foreign Direct Investment and South Africa (A)

By: Eric Werker

Incoming and outgoing foreign direct investment in an environment of politics, geography, globalization, and history. Since the end of apartheid, South Africa had undertaken substantial economic reforms in order to attract more foreign direct investment, but it was... View Details

Keywords: Decision Choices and Conditions; Macroeconomics; Foreign Direct Investment; Governing Rules, Regulations, and Reforms; Business and Government Relations; Africa; South Africa

November 2024
Article

Price Discounts and Cheapflation During the Post-Pandemic Inflation Surge

By: Alberto Cavallo and Oleksiy Kryvtsov

We study how within-store price variation changes with inflation, and whether households exploit it to attenuate the inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between 2018 and 2024. Measuring... View Details

Keywords: Macroeconomics; Inflation and Deflation; Price; Consumer Behavior; Personal Finance; Product Positioning

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December 2017
Supplement

Globalization Past, 1850–1914 (B)

By: Sophus A. Reinert and Federica Gabrieli

Supplements the (A) case. View Details

Keywords: The Rise And Fall Of Globalization; World War; The World; Business Cycles; Economic Growth; Economic Slowdown and Stagnation; Macroeconomics; Trade; Values and Beliefs; Globalization; War

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

March 2010
Article

Sudden Stops: Determinants and Output Effects in the First Era of Globalization, 1880–1913

By: Michael D. Bordo, Alberto Cavallo and Christopher Meissner

We study the determinants and output effects of sudden stops in capital inflows during an era of intensified globalization from 1880 to 1913. Higher levels of exposure to foreign currency debt and large current account deficits associated with reliance on foreign... View Details

Keywords: Sudden Stops; Capital Flows; Economics; Macroeconomics; Economic Growth; Financial Crisis; Globalization; History