Publications

31 Aug 2020
Research & Ideas

State and Local Governments Peer Into the Pandemic Abyss

million state and local public workers were laid off this spring as governments scrambled to cut expenses amid widespread mandatory lockdowns that halted vast swaths of economic activity. But not all states,... View Details

Keywords: by Kristen Senz

17 Feb 2011
News

Business Ready for 'Shared Values,' But Government Lags

December 2008 (Revised October 2012)
Case

Special Economic Zones in India: Public Purpose and Private Property (A)

By: Laura Alfaro and Lakshmi Iyer

In 2005, the government of India enacted the Special Economic Zones (SEZ) Act in order to attract investment, generate export revenues, and create manufacturing jobs. However, several planned projects faced difficulties in acquiring land for setting up the SEZ. In... View Details

Keywords: Acquisition; Development Economics; Economic Growth; Policy; Government Legislation; Property; Business and Community Relations; Business and Government Relations; India

16 Mar 2020
News

Economic integration and democracy: An empirical investigation

July 2013 (Revised September 2013)
Case

New York City: Bloomberg's Strategy for Economic Development

By: Michael E. Porter, Christian H.M. Ketels and Jorge Ramirez-Vallejo

Traces the economic development of New York City from its founding in the 17th century through 2012. Focuses on the decisions made by New York City officials, past and present, highlighting the challenges of economic development at the city level. Enables deep... View Details

Keywords: History; Development Economics; Industry Clusters; Policy; Government Administration; Financial Crisis; Growth and Development Strategy

July 2007
Teaching Note

Rwanda: National Economic Transformation (TN)

By: Michael E. Porter and Michael Patrick McCreless

Teaching Note to 706491. View Details

Keywords: Economy; Problems and Challenges; Development Economics; Policy; Poverty; Transformation; Performance Evaluation; Political Elections; Rwanda

15 Sep 2016
News

US political system risks economic competitiveness, study finds

19 Jan 2010
Sharpening Your Skills

Sharpening Your Skills: Managing the Economic Crisis

opportunity to develop and grow. Key concepts include: In a crisis, remember your internal compass of values: When crisis strikes, leaders often look for an "at-any-cost" quick fix in attempting to save face, says George. To ensure that View Details

Keywords: by Staff

January 2013 (Revised June 2016)
Case

The Basque Country: Strategy for Economic Development

By: Michael E. Porter, Christian H.M. Ketels and Jesus M. Valdaliso

The Basque country, with a population of 2.1 million and covering 7,233 square kilometers, is an autonomous region located in the north of Spain, physically separated from it by the Pyrenees Mountains. Presents the history of the region—highly prosperous at the turn of... View Details

Keywords: History; Crime and Corruption; Industry Clusters; Competitive Strategy; Microeconomics; Developing Countries and Economies; Government and Politics; Basque Provinces; Spain

As the world globalizes, countries compete for the markets, technologies, and skills needed to raise their standards of living. These strategies can make--or break--the government's efforts to drive and sustain growth. In How Countries Compete, Richard... View Details

February 1990
Article

Inflation and Taxation with Optimizing Governments

By: J. J. Rotemberg and James Poterba

Keywords: Inflation and Deflation; Taxation; Government and Politics

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Read Now

2011
Book

Capitalism: Its Origins and Evolution as a System of Governance

By: Bruce R. Scott

Capitalism, as defined in this book, is an indirect, three-level system of governance for economic relationships (i.e., economic, administrative, and political). Whereas economic markets can coordinate supply and demand within an existing system thanks to the invisible... View Details

Keywords: Economic Systems; Price; Governance; Government and Politics; Books; Markets; Relationships; System

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As the financial crisis has shown, neither traditional market failure models nor public choice theory, by themselves, sufficiently inform or explain our current regulatory challenges, nor point us toward the best solutions. Regulatory studies, long neglected in an... View Details

04 Nov 2009
What Do You Think?

What is the Role of Government Vis-à-Vis Capitalism?

Recently a number of questions have been raised about capitalism and how it serves us, particularly in boom and bust cycles. But perhaps a bigger debate has arisen about the role of government in helping capitalism to serve us better in... View Details

Keywords: by Jim Heskett

April 2025 (Revised June 2025)
Case

Governing Sustainability in a Shifting Context (A)

By: Lynn S. Paine and Will Hurwitz

In early 2025, boards of directors had to rethink corporate responsibility and sustainability efforts amid rapidly-shifting social, legal, regulatory, and economic forces. While just a few years earlier, calls to address racial justice and climate change reached into... View Details

05 May 2003
Research & Ideas

Sharing the Responsibility of Corporate Governance

environment, workplace safety, and community involvement, most firms do not provide this information. Second, it is not economically efficient for shareholders with a small stake in a number of companies to ferret out sufficient... View Details

Keywords: by Carla Tishler

June 2016
Supplement

FANUC Corporation: Reassessing the Firm's Governance and Financial Policies Spreadsheet Supplement

By: Benjamin C. Esty and Akiko Kanno

In February 2015, Daniel Loeb (a US-based activist investor) announced his firm had a large investment in FANUC Corporation, a leading producer of industrial robots and software for machine tools. Loeb was demanding that the Japanese firm change its financial and... View Details

Keywords: Financial Management; Valuation; Investment Funds; Policy; Corporate Governance; Macroeconomics; Investment Activism; Change Management; Financial Strategy; Cross-Cultural and Cross-Border Issues; Japan; United States