Institutions, Macroeconomics, and the Global Economy
Editorial Reviews
Book Description
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.
Institutions, Macroeconomics, and the Global Economy,Rafael Di Tella,Huw Pill,Ingrid Vogel,World Scientific Publishing Company,9812563377,Business & Economics,Business / Economics / Finance,Business/Economics,Case studies,Economic policy,Economics - Macroeconomics,Finance,Institutional economics,International - Economics,Macroeconomics,Public Policy - Economic Policy
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