Publications

23 Jun 2016
Op-Ed

Brexit: Should Britain Stay or Go?

investment, and the biggest donor of development aid. It also has the second reference currency in the world. European integration is facing its gravest crisis since its creation. This moment should be leveraged as an opportunity to push... View Details

Keywords: by Geoffrey G. Jones & Dante Roscini

07 Jul 2022
Blog Post

Pathlight: Reimagining the Developer Onboarding Experience

Learning is the ultimate currency for founders, so every experiment you run should unlock new learnings that propel you closer to the right solution. If anything feels unclear, go back to your users. I also think pivoting forces you to... View Details

14 Apr 2022
Blog Post

Trust the Process, and Trust Yourself Even More: Interview with Wellness and Empowerment Leader, Dilan Gomih (MBA 2019)

love for storytelling. “It's not just about watching stocks go up or down,” she explained. “A country’s election or a medal won in the Olympics can affect the story of a currency on any given day. I learned the numbers and the selling... View Details

02 Jan 2018
Op-Ed

'Dear Working Knowledge'--Our Favorite Reader Comments of the Year

Do Bitcoin and Digital Currency Have a Future? Austin Brown comments: Cryptocurrencies also have no inherent value in and of themselves, so the big question here is whether or not they are actually a good mechanism by which to exchange... View Details

Keywords: by Sean Silverthorne

January 1989 (Revised September 1995)
Case

MSDI-Alcala de Henares, Spain

By: Timothy A. Luehrman

Merck & Co., Inc. is evaluating a proposed cost-saving investment by its Spanish subsidiary. The case introduces techniques of discounted cash flow valuation analysis in a multicurrency setting. Can be used to teach basic international parity conditions as they relate... View Details

Keywords: Business Subsidiaries; Cash Flow; Cost Management; Currency; Investment; Management Analysis, Tools, and Techniques; Valuation; Spain

Web

Institutions, Macroeconomics, and the Global Economy - Course Catalog

risks that globalization entails. All managers now face a business environment where international, macroeconomic, and political phenomena matter. Understanding the genesis of financial and currency crises, stock market booms and busts,... View Details

01 Dec 2000
News

Latin America's Decade

open markets and trade began to emerge across Latin America. In recent years, state-owned companies have been privatized, currencies stabilized, and inflation reduced. These changes have helped attract a fresh influx of foreign direct... View Details

Keywords: Garry Emmons and Julia Hanna; Latin America; research; infrastructure; Hospitality; Securities, Commodities, and Other Financial Investments; Finance; Management, Scientific, and Technical Consulting Services; Professional Services

17 Jul 2023
Blog Post

From the Panelists: Toward a Decarbonized Future: Who Pays? Who Profits?

Indonesia and Nigeria, along with India – could well obliterate all the progress in greenhouse gas emission reductions produced in the global north. Sinha cited three main risks that have choked the financing of green transition projects in his and other developing... View Details

April 2011 (Revised January 2024)
Case

The Greek Crisis: Tragedy or Opportunity?

By: Dante Roscini, Jonathan Schlefer and Konstantinos Dimitriou

After its 2009-2010 fiscal crisis shook the euro, could the Greek government stabilize debt, avoid default, and stay on the euro? This case looks at the Greek social and political road to fiscal crisis; the economics of that crisis and efforts to recover from it; the... View Details

Keywords: Financial Crisis; Borrowing and Debt; Currency; Financial Condition; Central Banking; Financial Markets; International Finance; Policy; Conflict Management; Cooperation; Public Administration Industry; Greece

July 2024
Case

Stellar Development Foundation

By: Shai Benjamin Bernstein, Scott Duke Kominers and George Gonzalez

Blockchain pioneer Stellar Development Foundation oversees one of the earliest and largest crypto networks (Stellar) and the management of its native token XLM. The foundation partnered with cross-border payments provider MoneyGram to help on and off-ramp... View Details

Keywords: Blockchain; Cryptocurrency; Payments; Business or Company Management; Networks; Partners and Partnerships; Currency; Entrepreneurship; Technology Industry

02 Jul 2015
Op-Ed

The Future of the Greek Economy

The question is not if, after all the misery, Greece might be better off without the euro (it would not) or if the Eurozone would suffer from financial contagion if it became clear that the common currency is breakable (it would).... View Details

Keywords: by Laura Alfaro, Dante Roscini & George Serafeim; Banking

01 Mar 2019
News

Alumni and Faculty Books for March 2019

System for Growth by Christina Wallace (MBA 2010) and David Kidder Currency Most established companies face a key survival challenge. Operational efficiency and outdated bureaucracy are at war with new growth. Legacy companies are skilled... View Details

29 Sep 2009
First Look

First Look: September 29

1989 had created significant strains within the system. Moreover, financial deregulation and the growth of cross-border flows of "hot" money increased the likelihood that a speculative attack on one or more ERM currencies might... View Details

Keywords: Martha Lagace

14 Jan 2015
Research & Ideas

Thriving in the Turbulence of Emerging Markets

through turbulence. In particular, she and her family emphasized maintaining strong capital equity structures to deal with currency volatility, seeking reliable local partners, and never forgetting long-term opportunities. "For managers... View Details

Keywords: by Geoffrey Jones; Manufacturing; Auto

12 Mar 2013
First Look

First Look: March 12

currency bond markets develop, a "pseudo-flexible regime," whereby a country accumulates reserves in conjunction with debt, to be the best policy alternative under real external shocks for emerging nations. Download the paper:... View Details

Keywords: Sean Silverthorne

January 2001
Background Note

Country Analysis in a "Global Village"

By: Bruce R. Scott

Substantially rewritten to establish the relevance of countries in the global context. It does so in terms of their differing economic performance in recent decades, and also by contrasting those that have "converged" toward the rich country norm (as theory would... View Details

Keywords: Globalized Economies and Regions; Macroeconomics; Trade; Business Strategy; Performance Evaluation; Industry Growth; Currency; Policy; Development Economics