Institutions, Macroeconomics, and the Global Economy (Casebook)

$ 202.36

Publisher : World Scientific Publishing Company (September 5, 2005)
Language : English
Paperback : 604 pages
ISBN-10 : 9812563377
ISBN-13 : 978-9812563378
Item Weight : 3.29 pounds
Dimensions : 8.52 x 1.31 x 10.88 inches

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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.

9789812563378

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