More from the Author

• Case | HBS Case Collection | March 2017 (Revised August 2018)

  Mexico: 'A Mosaic of Different Realities'

  Richard H.K. Vietor and Haviland Sheldahl-Thomason

  A day after his inauguration as President of Mexico in 2012, Enrique Peña Nieto announced a Pact for Mexico—a slate of institutional reforms for education, energy, fiscal policy, telecommunications, banking, and antitrust. These initiatives, enacted over the next several years, were designed to alleviate a host of historic problems that had held back Mexico’s economic development. By 2017, although the President’s popularity was at an all-time low, these initiatives were beginning to affect the economy. The salient questions were (1) whether they would really work and (2) whether the political order would shift radically to the left in 2018.

  Keywords: Business and Government Relations; Governing Rules, Regulations, and Reforms; Development Economics; Economy; Government and Politics; Mexico;

  Citation:

  Vietor, Richard H.K., and Haviland Sheldahl-Thomason. "Mexico: 'A Mosaic of Different Realities'." Harvard Business School Case 717-051, March 2017. (Revised August 2018.)  View Details

  CiteView DetailsEducatorsPurchase

  Related

• Case | HBS Case Collection | June 2018

  Japan: Deficits, Deflation and Debt

  Richard H.K. Vietor and Haviland Sheldahl-Thomason

  In April 2018, Prime Minister Shinzo Abe was again in Washington to petition Donald Trump. After years of rapid, export-led growth, Japan had slumped into recession in 1991 and never really recovered. For the past 27 years, its economy has grown at 1.1% annually, plagued by deflation. After several attempts at quantitative easing, Abe had commenced a radical program in 2012 called Quantitative and Qualitative Easing – the first of “three arrows” to repair the Japanese economy. But in early 2018, inflation was still far below the 2% goal, growth had turned negative, and Abe faced the highest debt among the OECD. Together with demographic, energy and security problems, Abe had his hands full, while President Trump roiled the waters in China and North Korea.

  Keywords: deflation; debt; country analysis; monetary expansion; population growth; national security; Inflation and Deflation; Borrowing and Debt; Economy; Energy; National Security; Japan;

  Citation:

  Vietor, Richard H.K., and Haviland Sheldahl-Thomason. "Japan: Deficits, Deflation and Debt." Harvard Business School Case 718-063, June 2018.  View Details

  CiteView DetailsEducators

  Related

• Case | HBS Case Collection | February 2018 (Revised April 2018)

  America's Budget Impasse, 2001–2019

  Richard H.K. Vietor

  America's Budget Impasse, 2001–2019, draws on recent government documents to explore America's economic performance since 2001, the ideology and effects of the Bush tax cuts, Obama's fiscal stimulus in 2009, the Trump tax cuts in 2017, the bipartisan budget deal in 2018, and President Trump's budget proposal for FY2019.

  Keywords: United States; Growth; economy; fiscal deficits; unemployment; balance of payments; Competition; Government Legislation; Government Administration; Budgets and Budgeting; Macroeconomics; Taxation; Economy; Economic Growth; United States;

  Citation:

  Vietor, Richard H.K. "America's Budget Impasse, 2001–2019." Harvard Business School Case 718-041, February 2018. (Revised April 2018.)  View Details

  CiteView DetailsEducatorsPurchase

  Related