Institutions, Macroeconomics, and the Global Economy Casebook
Author | : Rafael Di Tella |
Publisher | : World Scientific Publishing Company Incorporated |
Total Pages | : 593 |
Release | : 2005-01-01 |
ISBN-10 | : 9812563377 |
ISBN-13 | : 9789812563378 |
Rating | : 4/5 (378 Downloads) |
Download or read book Institutions, Macroeconomics, and the Global Economy Casebook written by Rafael Di Tella and published by World Scientific Publishing Company Incorporated. This book was released on 2005-01-01 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: All managers face a business environment where international and macroeconomic phenomena matter. Understanding the genesis of financial and currency crises, stock market booms and busts, and social and labor unrest is a crucial aspect in making informed managerial decisions. Adverse macroeconomic phenomena can have a catastrophic impact on firm performance ? witness the strong companies destroyed by the Mexican tequila crisis. Yet, at the same time, such episodes also create business opportunities ? and not just for the hedge funds and speculators that profit from them. Managers that have and use a coherent framework for analyzing these phenomena will enjoy a competitive advantage. This book presents a series of case studies taught in the Harvard Business School course ?Institutions, Macroeconomics, and the Global Economy.? The course addresses the opportunities created by the emergence of a global economy and proposes strategies for managing the risks that globalization entails.