Eric D. Werker

Associate Professor of Business Administration

Eric Werker is Associate Professor in the Business, Government, and the International Economy Unit at Harvard Business School. His research explores the political economy, macroeconomics, and business environments of emerging and frontier economies, particularly in Africa.

Professor Werker has written on fragile states, foreign aid, foreign investment, non-governmental organizations, conflict, and governance. His work has been featured in the Financial Times, Washington Post, BBC, NPR, and publications across the developing world.

Outside of academia, Werker is the Lead Academic for the International Growth Centre's program in Liberia and economic advisor to the President of Liberia. He has worked with the US Government’s Millennium Challenge Corporation on foreign aid projects and with the NGO Conservation International on low-carbon development. He serves on the Advisory Group of the Center for Global Development, is a Fellow at Harvard Kennedy School's Center for International Development, and has worked with corporations and nonprofits on their decisions and activities in emerging markets.

Werker earned his Ph.D. and AB in economics from Harvard University. In his spare time, he enjoys family, skiing, climbing, and mountain biking. He lives in Somerville with his wife Alana and two children, Jonathan and Dalia.

  1. Overview

    I taught for five years in the first-year MBA course, Business, Government, and the International Economy. This year I joined Aldo Musacchio in teaching Globalization and Emerging Markets to second-year MBAs, as well as the FIELD 2 team in leading a group of first-year MBA students to Mumbai for project-based learning. In addition, I have taught sessions in executive education courses at Harvard Business School, Harvard Kennedy School, and in Liberia and Tanzania. Many of the cases I teach are ones that I have written—about frontier- and emerging-market businesses, economies, organizations, and public-private partnerships in Africa, Asia, and Europe. I have enjoyed the challenge of bringing theoretical and conceptual frameworks to the study of business analysis in emerging markets, while remaining faithful to the case method of teaching.
  2. Globalization and Emerging Markets

    Globalization and Emerging Markets is designed for students who will be investing, managing a business or nonprofit, or working for a government in an emerging market. The unit of analysis of the course ranges from countries to multinational and domestic companies in emerging markets. Therefore, students are asked to take the perspective of different decision-makers, such as politicians, investors, and managers. For instance, students may have to take the perspective of the manager of an American company operating abroad, of an investor in Dubai bonds, of a shareholder in Brazil's oil company Petrobras, the manager of Indian Railways, or chairman of the central bank of China. As such the course should appeal to anyone considering a career in emerging markets or who will be doing business or investing in emerging markets.

    Keywords: emerging market; globalization; BRICS; N11; Resource Allocation; Pakistan; Angola; Dubai; South Korea; South Africa; Turkey; Liberia; China; Brazil; Nigeria;

  3. Business, Government, and the International Economy

    Business, Government, and the International Economy (BGIE) is a course about the broad economic and political context in which business operates. Throughout their careers business leaders are asked to formulate and lead their firm's responses to the external environment. They may also have the chance to shape that environment by influencing government policies. In BGIE we will learn about the key economic, political, and social factors that affect this business environment: in other words, the institutional foundations of capitalism. BGIE examines management and leadership on a grand scale. The decisions we study have widespread implications and fundamental importance for business and society. We will look at policies that affect millions of people - and, often, have implications for every firm doing business in a country.

    Keywords: international economy; macroeconomics;