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    • All HBS Web  (2,493)
      • Faculty Publications  (214)

      Economic History Remove Economic History →

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      The Journal of Economic History | The Journal of Economic History | Baker Library | Bloomberg Center | Harvard Business School
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      European Economic History & Philosophy - Kress Collection | Kress Collection of Business and Economics | Baker Library | Bloomberg Center | Harvard Business School
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      • October 2020
      • Case

      Surviving Venezuela's Hyperinflation: Automercados Plaza's

      By: Alberto Cavallo, Mariana Cal and Carla Larangeira
      Under the rule of presidents Hugo Chávez and Nicolas Maduro, Venezuela experienced one of the worst economic and political meltdowns in modern history, culminating with a massive hyperinflation. Remarkably, during this dramatic times Automercados Plaza's had grown to...  View Details
      Keywords: Hyperinflation; Populism; Inflation And Deflation; Macroeconomics; Management; Strategy; Organizational Change And Adaptation; Business And Government Relations; Retail Industry; South America; Venezuela
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      Cavallo, Alberto, Mariana Cal, and Carla Larangeira. "Surviving Venezuela's Hyperinflation: Automercados Plaza's." Harvard Business School Case 721-014, October 2020.
      • 2020
      • Working Paper

      Of Learning and Forgetting: Centrism, Populism, and the Legitimacy Crisis of Globalization

      By: Rawi Abdelal
      Every order is a bargain with disappointments and trade-offs. Thus is every order an unstable equilibrium. The first era of globalization, circa 1870–1914, created both international prosperity and domestic instability. That instability was fully realized during the...  View Details
      Keywords: Centrism; Populism; Globalization; history; Balance And Stability; economic Systems; Government And Politics; Learning
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      Abdelal, Rawi. "Of Learning and Forgetting: Centrism, Populism, and the Legitimacy Crisis of Globalization." Harvard Business School Working Paper, No. 21-008, July 2020.
      • April 2020 (Revised June 2020)
      • Case

      Race and Mass Incarceration in the United States

      By: Reshmaan N. Hussam and Holly Fetter
      The late 20th century saw a dramatic shift in the criminal justice system of the United States. While incarceration rates had remained stable through the 1960s, they quintupled by the 2000s to 707 per 100,000, far exceeding that of all other nations in the world. By...  View Details
      Keywords: Criminal Justice System; Incarceration; Race; Prejudice And Bias; United States
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      Hussam, Reshmaan N., and Holly Fetter. "Race and Mass Incarceration in the United States." Harvard Business School Case 720-034, April 2020. (Revised June 2020.)
      • January 2020
      • Case

      The Origins of Bell Labs

      By: Tom Nicholas and John Masko
      In 1947, scientists at Bell Labs invented the transistor—a tiny signal amplifier that would go on to become the fundamental building block of the digital age. But, confounding most traditional economic assumptions, it was not a vigorous startup that made this momentous...  View Details
      Keywords: Business history; Innovation Leadership; Technological Innovation; Patents; Monopoly; Organizational Structure; Competitive Strategy; Telecommunications Industry; Boston; Massachusetts; New York (city, Ny)
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      Nicholas, Tom, and John Masko. "The Origins of Bell Labs." Harvard Business School Case 820-081, January 2020.
      • Winter 2020
      • Article

      The Economics of Maps

      By: Abhishek Nagaraj and Scott Stern
      For centuries, maps have codified the extent of human geographic knowledge and shaped discovery and economic decision-making. Economists across many fields, including urban economics, public finance, political economy, and economic geography, have long employed maps,...  View Details
      Keywords: Maps; Economic Geography; Geography; economics; history
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      Nagaraj, Abhishek, and Scott Stern. "The Economics of Maps." Journal of Economic Perspectives 34, no. 1 (Winter 2020): 196–221.
      • November 2019 (Revised June 2020)
      • Case

      Russia: A Drama In Three Acts

      By: Rawi Abdelal, Rafael Di Tella, Galit Goldstein and Sogomon Tarontsi
      The collapse of central authority in the Soviet Union in 1991 ushered in a period of revolutionary transformations for the states that emerged in its wake. The leaders of Russia, the USSR's successor, struggled to reestablish central authority while also seeking to...  View Details
      Keywords: Business & Government Relations; Developing Countries; Government Policy; Policy Change; Policy Making; economic Systems; economics; Globalization; Emerging Markets; Privatization; Non-renewable Energy; Governance; Global Strategy; Corporate Governance; Policy; Business history; Lawfulness; Problems And Challenges; Business And Government Relations; Risk And Uncertainty; Strategy; Change Management; Russia; Moscow
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      Abdelal, Rawi, Rafael Di Tella, Galit Goldstein, and Sogomon Tarontsi. "Russia: A Drama In Three Acts." Harvard Business School Case 720-020, November 2019. (Revised June 2020.)
      • November 2019 (Revised April 2020)
      • Case

      Danone: Changing the Food System

      By: David E. Bell, Federica Gabrieli and Daniela Beyersdorfer
      Emmanuel Faber, Chairman and CEO of the food and beverage company Danone, believed that humankind had only ten years to bend the curve on climate change and restore the biodiversity that the global food and agricultural ecosystem was critically dependent on. Upon...  View Details
      Keywords: Animal-based Agribusiness; Plant-based Agribusiness; Food; Nutrition; Quality; Business And Stakeholder Relations; Environmental Sustainability; Climate Change; Business Model; Food And Beverage Industry; Agriculture And Agribusiness Industry; France
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      Bell, David E., Federica Gabrieli, and Daniela Beyersdorfer. "Danone: Changing the Food System." Harvard Business School Case 520-053, November 2019. (Revised April 2020.)
      • Fall 2019
      • Article

      Du « défi américain » à l’expansion européenne: Les relations économiques transatlantiques des années cinquante aux années soixante-dix

      By: Grace A. Ballor
      Economic histories of post-war transatlantic relations have focused on two predominant narratives: US aid for European reconstruction through the Marshall Plan, and the threat of American business investment in Europe. But little research has linked these two elements....  View Details
      Keywords: Multinational Corporations; Economic History; International Relations; Business history; Foreign Direct Investment; Multinational Firms And Management
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      Ballor, Grace A. "Du « défi américain » à l’expansion européenne: Les relations économiques transatlantiques des années cinquante aux années soixante-dix." Relations internationales 180, no. 4 (Fall 2019): 43–57.
      • 2019
      • Book

      Business, Ethics and Institutions: The Evolution of Turkish Capitalism in Global Perspectives

      By: Asli M. Colpan and G. Jones
      This book is the first systematic scholarly study on the business history of Turkey and its predecessor the Ottoman Empire from the nineteenth century until the present. It places the distinctive characteristics of capitalism in Turkey within a global and comparative...  View Details
      Keywords: Capitalism; Corruption; Business history; Ethics; economic Systems; Crime And Corruption; Middle East; Central Asia; Turkey
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      Colpan, Asli M., and G. Jones, eds. Business, Ethics and Institutions: The Evolution of Turkish Capitalism in Global Perspectives. New York: Routledge, 2019.
      • October 2019 (Revised February 2021)
      • Case

      Myanmar: Special Economic Zones

      By: Willy Shih and Dawn Lau
      This case examines four Special Economic Zones in Myanmar. While the country's development had been hobbled by a complex history of military rule, ethnic conflict, and international sanctions, as it pursued liberalization it sought avenues to developing its economy....  View Details
      Keywords: Economic Development; Emerging Economies; Special Economic Zones (sezs); Development economics; Developing Countries And Economies; Manufacturing Industry; Energy Industry; Southeast Asia; Myanmar
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      Shih, Willy, and Dawn Lau. "Myanmar: Special Economic Zones." Harvard Business School Case 620-027, October 2019. (Revised February 2021.)
      • 2019
      • Book

      The Economic Turn: Recasting Political Economy in Enlightenment Europe

      By: Steven L. Kaplan and Sophus A. Reinert
      The mid-eighteenth century witnessed what might be dubbed an “economic turn” that resolutely changed the trajectory of world history. From the birth of new agricultural practices and the foundation of private societies to the sustained and popular theorization of...  View Details
      Keywords: economic Systems; Trade; history; Markets; Society; France; Europe
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      Kaplan, Steven L., and Sophus A. Reinert, eds. The Economic Turn: Recasting Political Economy in Enlightenment Europe. London: Anthem Press, 2019.
      • 2019
      • Article

      History, Micro Data, and Endogenous Growth

      By: Ufuk Akcigit and Tom Nicholas
      The study of economic growth is concerned with long-run changes, and therefore, historical data should be especially influential in informing the development of new theories. In this review, we draw on the recent literature to highlight areas in which study of history...  View Details
      Keywords: Economic Development; Growth; Innovation; economic Growth; history; Data And Data Sets; Innovation And Invention
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      Akcigit, Ufuk, and Tom Nicholas. "History, Micro Data, and Endogenous Growth." Annual Review of Economics 11 (2019): 615–633.
      • 2019
      • Chapter

      Merchants and the Origins of Capitalism

      By: Sophus A. Reinert and Robert Fredona
      N.S.B. Gras, the father of business history in the United States, argued that the era of mercantile capitalism was defined by the figure of the “sedentary merchant,” who managed his business from home, using correspondence and intermediaries, in contrast to the earlier...  View Details
      Keywords: economic Systems; history; Business history
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      Reinert, Sophus A., and Robert Fredona. "Merchants and the Origins of Capitalism." Chap. 11 in The Routledge Companion to the Makers of Global Business, edited by Teresa da Silva Lopes, Christina Lubinski, and Heidi J.S. Tworek. New York: Routledge, 2019.
      • January 2019 (Revised December 2020)
      • Case

      Angola Starts Now

      By: Jeremy Friedman and Sophus A. Reinert
      After five centuries of colonialism, four decades of civil war, an extended experiment with Marxism-Leninism, and nearly four decades of rule by a single man, José Eduardo Dos Santos, Angola finally has a chance to realize its enormous economic potential. A country...  View Details
      Keywords: Development economics; Government And Politics; history; Governing Rules, Regulations, And Reforms; Social Issues; Angola
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      Friedman, Jeremy, and Sophus A. Reinert. "Angola Starts Now." Harvard Business School Case 719-007, January 2019. (Revised December 2020.)
      • 2018
      • Book

      The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy

      By: Sophus A. Reinert
      The terms “capitalism” and “socialism” continue to haunt our political and economic imaginations, but we rarely consider their interconnected early history. Even the 18th century had its “socialists,” but unlike those of the 19th, they paradoxically sought to make the...  View Details
      Keywords: Enlightenment; Political Economy; Italy; Commercial Society; economic Systems; Trade; history; Markets; Society; Italy
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      Reinert, Sophus A. The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy. Cambridge, MA: Harvard University Press, 2018.
      • November 2018 (Revised April 2019)
      • Technical Note

      Saudi Arabia: A Brief Background

      By: Kristin Fabbe, Natalie Kindred and Safwan Al-Amin
      This note provides a brief overview of the history of Saudi Arabia as well as the economic and political context in 2018. The note is an essential supplement to the case “Almarai Company: Milk and Modernization in the Kingdom of Saudi Arabia,” HBS No. 719-020, but is...  View Details
      Keywords: Kingdom Of Saudi Arabia; Public Policy; Economic Development; Monarchy; Islam; Gulf; Gcc; Business And Government; Vision 2030; National Strategy; Economic Diversification; Opec; Oil; Energy Policy; Strategy; Government And Politics; Policy; Diversification; Economy; Energy; history; Saudi Arabia; Middle East
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      Fabbe, Kristin, Natalie Kindred, and Safwan Al-Amin. "Saudi Arabia: A Brief Background." Harvard Business School Technical Note 719-043, November 2018. (Revised April 2019.)
      • Article

      Business, Governments and Political Risk in South Asia and Latin America since 1970

      By: G. Jones and Rachael Comunale
      This article contributes to the literature on political risk in business and economic history by examining both new perspectives (risk encountered by companies domestically, rather than risk for foreign investors) and new settings (emerging markets economies in Latin...  View Details
      Keywords: Political Risk; Emerging Market; Bribery; Business & Government Relations; Turbulence; Violence; Risk And Uncertainty; Emerging Markets; Crime And Corruption; Business And Government Relations; Business history; India; Latin America
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      Jones, G., and Rachael Comunale. "Business, Governments and Political Risk in South Asia and Latin America since 1970." Australian Economic History Review 58, no. 3 (November 2018): 233–264.
      • October 2018
      • Article

      Africa Rising? A Historical Perspective

      By: Ewout Frankema and Marlous van Waijenburg
      Sub-Saharan Africa’s recent economic boom has raised hopes and expectations to lift the regions’ ‘bottom millions’ out of poverty by 2030. How realistic is that goal? We approach this question by comparing the experiences of three front-runners of region-specific...  View Details
      Keywords: economic Growth; Economy; Transformation; Poverty; history; Africa
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      Frankema, Ewout, and Marlous van Waijenburg. "Africa Rising? A Historical Perspective." African Affairs 117, no. 469 (October 2018): 543–568.
      • 2018
      • Book

      A Crisis of Beliefs: Investor Psychology and Financial Fragility

      By: Nicola Gennaioli and Andrei Shleifer
      The collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise. Although the government rushed to rescue other financial institutions from a similar fate after Lehman, it could not prevent the deepest recession in postwar history. A...  View Details
      Keywords: Financial Fragility; Economic Risk; Investor Behavior; Behavioral Economics; Financial Crisis; Risk And Uncertainty; Financial Markets; Investment; Values And Beliefs; United States
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      Gennaioli, Nicola, and Andrei Shleifer. A Crisis of Beliefs: Investor Psychology and Financial Fragility. Princeton University Press, 2018.
      • March 2018
      • Case

      Summit Public Schools (A)

      By: John J-H Kim and Aldo Sesia
      Summit Public Schools was a very successful charter management organization with schools in California and Washington State. The students came from a variety of socioeconomic backgrounds, many from economically disadvantaged households. While nearly all of its students...  View Details
      Keywords: K-12; Online Learning; Virtual Learning; Blended Learning; Secondary Education; Middle School Education; Early Childhood Education; Learning; Business Model; Performance Improvement; Technology
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      Kim, John J-H, and Aldo Sesia. "Summit Public Schools (A)." Harvard Business School Case 318-067, March 2018.
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      The Journal of Economic History | The Journal of Economic History | Baker Library | Bloomberg Center | Harvard Business School
      × Please sign in You need to log in to use the bookmarking feature. Sign In Harvard Business School Sign in to Baker Library Baker Library |...
      European Economic History & Philosophy - Kress Collection | Kress Collection of Business and Economics | Baker Library | Bloomberg Center | Harvard Business School
      × Please sign in You need to log in to use the bookmarking feature. Sign In Using Baker Library During COVID-19 | HBS COVID-19 Business Impact Center...
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