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Institutions, Macroeconomics, and the Global Economy (Casebook) by Rafael Di Tella, Huw R. Pill, Ingrid Vogel

Institutions, Macroeconomics, and the Global Economy (Casebook)

by Rafael Di Tella , Huw R. Pill , Ingrid Vogel
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Book cover type: Hardcover
  • ISBN13: 9789812563361
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: World Scientific Publishing Company
  • Publisher Imprint: World Scientific Publishing Company
  • Publication Date:
  • Pages: 604
  • Original Price: GBP 121.0
  • Language: English
  • Edition: N/A
  • Item Weight: 1720 grams
  • BISAC Subject(s): International / Economics & Trade

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.

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