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• Case | HBS Case Collection | January 2018 (Revised March 2018)

  Portugal: Can Socialism Survive?

  Richard H.K. Vietor and Haviland Sheldahl-Thomason

  Portugal was not ready to join the European Monetary Union in 1999. With strong unions, weak competitiveness and a legacy of socialism, it could not compete with north-European countries. After borrowing extensively to fund deficits, Portugal went into debt crisis in 2011 and had to borrow from the Troika. As banks failed, structural adjustment followed. Today several structural issues and the threat of external risks continue to cast a shadow on its otherwise remarkable recovery.

  Keywords: Economy; Financial Crisis; Economic Systems; Portugal;

  Citation:

  Vietor, Richard H.K., and Haviland Sheldahl-Thomason. "Portugal: Can Socialism Survive?" Harvard Business School Case 718-024, January 2018. (Revised March 2018.)  View Details

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• Case | HBS Case Collection | November 2016 (Revised March 2018)

  Brexit

  Laura Alfaro, Jesse Schreger, Haviland Sheldahl-Thomason, Laura Alfaro, Jesse Schreger and Haviland Sheldahl-Thomason

  After more than 40 years of membership in the European Union, the United Kingdom voted via referendum to separate from the EU on June 23, 2016. Following the surprise verdict (termed Brexit), a political upheaval followed, with many ministers, including Prime Minister David Cameron, resigning or being sacked, and markets collapsed. As markets recovered, Theresa May was chosen as the new prime minister of the UK in charge of leading the separation.
  The future of the UK and its relationship with Europe was uncertain. No country had ever left the EU before, so there was no precedent to follow and no clear indication of what the UK planned to do after exiting. Why had the British voted to leave? Would the UK and the EU be able to agree on a mutually beneficial arrangement? What would be the effects, politically and economically, on the UK and European countries? The impact of the disunion on the relationship between the EU and the UK was yet to be seen.

  Keywords: Voting; International Relations; Government and Politics; System Shocks; United Kingdom; European Union;

  Citation:

  Alfaro, Laura, Jesse Schreger, and Haviland Sheldahl-Thomason. "Brexit." Harvard Business School Case 717-028, November 2016. (Revised March 2018.)  View Details

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• Case | HBS Case Collection | November 2016 (Revised March 2018)

  Brexit

  Laura Alfaro, Jesse Schreger, Haviland Sheldahl-Thomason, Laura Alfaro, Jesse Schreger and Haviland Sheldahl-Thomason

  After more than 40 years of membership in the European Union, the United Kingdom voted via referendum to separate from the EU on June 23, 2016. Following the surprise verdict (termed Brexit), a political upheaval followed, with many ministers, including Prime Minister David Cameron, resigning or being sacked, and markets collapsed. As markets recovered, Theresa May was chosen as the new prime minister of the UK in charge of leading the separation.
  The future of the UK and its relationship with Europe was uncertain. No country had ever left the EU before, so there was no precedent to follow and no clear indication of what the UK planned to do after exiting. Why had the British voted to leave? Would the UK and the EU be able to agree on a mutually beneficial arrangement? What would be the effects, politically and economically, on the UK and European countries? The impact of the disunion on the relationship between the EU and the UK was yet to be seen.

  Keywords: Voting; International Relations; Government and Politics; System Shocks; United Kingdom; European Union;

  Citation:

  Alfaro, Laura, Jesse Schreger, and Haviland Sheldahl-Thomason. "Brexit." Harvard Business School Case 717-028, November 2016. (Revised March 2018.)  View Details

  CiteView DetailsEducatorsPurchase

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