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- February 2021
- Supplement
The Coronavirus (COVID-19) Pandemic and the Global Economy (B)
By: Alberto Cavallo and Christian Godwin
By December 2020, the COVID-19 pandemic had swept across the globe, creating widespread disruption in all aspects of everyday life. Almost 90 million people had been infected and nearly two million had died from the disease. By this point in the pandemic—a year since...
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- 2020
- Working Paper
The Resurgent Role of the State in China's Economy: Experimentation, Domestic Politics, and U.S. Policy
By: Meg Rithmire
Keywords:
China
Rithmire, Meg. "The Resurgent Role of the State in China's Economy: Experimentation, Domestic Politics, and U.S. Policy." Penn Project on the Future of U.S.-China Relations, October 2020.
- August 2020 (Revised November 2020)
- Case
George Soros: The Stateless Statesman
By: Geoffrey Jones and Wendy Ying
This case traces the business career and philanthropic activities of George Soros. The Hungarian-born Soros made a fortune as a hedge fund investor after establishing Quantum Fund on the tax haven island of Curaçao in the Netherlands Antilles in 1973 where he was...
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Keywords:
Hedge Fund;
Philanthropy;
Populism;
Finance;
Philanthropy and Charitable Giving;
Political Elections;
Financial Services Industry;
Europe;
Hungary;
United Kingdom;
North and Central America;
United States
Jones, Geoffrey, and Wendy Ying. "George Soros: The Stateless Statesman." Harvard Business School Case 321-012, August 2020. (Revised November 2020.)
- 2020
- Working Paper
The Political Economy of State Employment and Instability in China
By: Jaya Y. Wen
Wen, Jaya Y. "The Political Economy of State Employment and Instability in China." Working Paper, August 2020.
- May 2020 (Revised June 2020)
- Case
The Coronavirus (COVID-19) Pandemic and the Global Economy (A)
By: Alberto Cavallo and Christian Godwin
In April 2020, the world struggled to contain the exponential escalation of the coronavirus (COVID-19) pandemic. Dozens of countries had imposed restrictions on travel, work, and social gatherings. A large share of the global population was under lockdowns and...
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Keywords:
Demand and Consumers;
Supply and Industry;
Finance;
Central Banking;
Financial Markets;
International Finance;
Globalization;
Government and Politics;
Health Pandemics;
Decision Making;
Macroeconomics;
Employment;
Crisis Management;
Supply Chain;
Risk and Uncertainty;
Air Transportation Industry;
Banking Industry;
Consumer Products Industry;
Employment Industry;
Financial Services Industry;
Food and Beverage Industry;
Health Industry;
Medical Devices and Supplies Industry;
Pharmaceutical Industry;
Public Administration Industry;
Retail Industry;
Service Industry;
Shipping Industry;
Tourism Industry;
Travel Industry;
Asia;
China;
Europe;
Latin America;
Africa;
United States
Cavallo, Alberto, and Christian Godwin. "The Coronavirus (COVID-19) Pandemic and the Global Economy (A)." Harvard Business School Case 720-031, May 2020. (Revised June 2020.)
- 2020
- Working Paper
Financial Distancing: How Venture Capital Follows the Economy Down and Curtails Innovation
By: Sabrina T. Howell, Josh Lerner, Ramana Nanda and Richard Townsend
Although late-stage venture capital (VC) activity did not change dramatically in the first two months after the COVID-19 pandemic reached the U.S., early-stage VC activity declined by 38%. The particular sensitivity of early-stage VC investment to market...
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Keywords:
Innovation;
Recessions;
Venture Capital;
Innovation and Invention;
Patents;
Business Cycles;
Economic Slowdown and Stagnation
Howell, Sabrina T., Josh Lerner, Ramana Nanda, and Richard Townsend. "Financial Distancing: How Venture Capital Follows the Economy Down and Curtails Innovation." Harvard Business School Working Paper, No. 20-115, May 2020.
- Spring 2020
- Article
Political Economy and the Medici
By: Sophus A. Reinert and Robert Fredona
Reinert, Sophus A., and Robert Fredona. "Political Economy and the Medici." Business History Review 94 (Spring 2020): 125–177.
- Article
Northern Lights: Political Economy and the Terroir of the Norwegian Enlightenment
Reinert, Sophus A. "Northern Lights: Political Economy and the Terroir of the Norwegian Enlightenment." Journal of Modern History 92, no. 1 (March 2020): 76–115.
- 2020
- Book
Innovation Policy and the Economy, Volume 20
By: Josh Lerner and Scott Stern
Lerner, Josh, and Scott Stern, eds. Innovation Policy and the Economy, Volume 20. Chicago, IL: University of Chicago Press, 2020.
- 2020
- Chapter
The Gift of Global Talent: Innovation Policy and the Economy
By: William R. Kerr
Talent is the most precious resource for today’s knowledge-based economy, and a significant share of the U.S. skilled workforce in technology fields is foreign born. The United States has long held a leading position in attracting global talent, but the gap to other...
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Keywords:
Global Talent Flows;
Talent and Talent Management;
Global Range;
Immigration;
Policy;
Economy
Kerr, William R. "The Gift of Global Talent: Innovation Policy and the Economy." Chap. 1 in Innovation Policy and the Economy, Volume 20, edited by Josh Lerner and Scott Stern, 1–37. Chicago, IL: University of Chicago Press, 2020.
- 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....
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Keywords:
Economic Development;
Emerging Economies;
Special Economic Zones (sezs);
Development Economics;
Developing Countries and Economies;
Manufacturing Industry;
Energy Industry;
Southeast Asia;
Myanmar
Shih, Willy, and Dawn Lau. "Myanmar: Special Economic Zones." Harvard Business School Case 620-027, October 2019. (Revised February 2021.)
- Summer 2019
- Article
Breaking Even: Political Economy and Private Enterprise in the Norwegian Glass Industry, 1739-1803
By: Rolv Petter Amdam, Robert Fredona and Sophus A. Reinert
Using internal debates and surviving account books, this article traces the 18th-century history of the Norwegian glass industry, created to exploit Norway's immense natural resource wealth, and of the chartered company that would later become Norway's iconic...
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Keywords:
Glass Industry;
Natural Resources;
Profitability;
Political Economy;
Cameralism;
Liberalization;
Patriotism;
Profit;
Natural Environment;
Business History;
Norway
Amdam, Rolv Petter, Robert Fredona, and Sophus A. Reinert. "Breaking Even: Political Economy and Private Enterprise in the Norwegian Glass Industry, 1739-1803." Business History Review 93, no. 2 (Summer 2019): 275–317.
- 2019
- White Paper
Impact-Weighted Financial Accounts: The Missing Piece for an Impact Economy
By: George Serafeim, T. Robert Zochowski and Jennifer Downing
Reimagining capitalism is an imperative. We need to create a more inclusive and sustainable form of capitalism that works for every person and the planet. Massive environmental damage, growing income and wealth disparity, stress, and depression within developed...
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Keywords:
Impact-weighted Accounts;
Iwai;
Background;
Economic Systems;
Economy;
Corporate Social Responsibility and Impact;
Measurement and Metrics;
Financial Statements
Serafeim, George, T. Robert Zochowski, and Jennifer Downing. "Impact-Weighted Financial Accounts: The Missing Piece for an Impact Economy." White Paper, Harvard Business School, Boston, MA, September 2019.
- 2019
- Chapter
Poor Mao's Almanack? Empire, Political Economy, and the Transformation of Social Science
Reinert, Sophus A. "Poor Mao's Almanack? Empire, Political Economy, and the Transformation of Social Science." In Empire and the Social Sciences: Global Histories of Knowledge, edited by Jeremy Adelman. London: Bloomsbury Academic, 2019.
- 2019
- Chapter
Epilogue: Political Economy and the Social
Reinert, Sophus A. "Epilogue: Political Economy and the Social." In The Economic Turn: Recasting Political Economy in Enlightenment Europe, edited by Steven L. Kaplan and Sophus A. Reinert, 735–748. London: Anthem Press, 2019.
- 2019
- Chapter
Victorian Contributions to Political Economy and Business Ethics
By: Nien-hê Hsieh
Hsieh, Nien-hê. "Victorian Contributions to Political Economy and Business Ethics." In Victorian Visionary: John Ruskin and the Realization of the Ideal, edited by Peter X. Accardo, 28–36. Cambridge, MA: Houghton Library, 2019.
- 2019
- Working Paper
The Gift of Global Talent: Innovation Policy and the Economy
By: William R. Kerr
Talent is the most precious resource for today’s knowledge-based economy, and a significant share of the U.S. skilled workforce in technology fields is foreign born. The United States has long held a leading position in attracting global talent, but the gap to other...
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Keywords:
Global Talent Flows;
Talent and Talent Management;
Global Range;
Immigration;
Policy;
Economy
Kerr, William R. "The Gift of Global Talent: Innovation Policy and the Economy." Harvard Business School Working Paper, No. 19-116, May 2019.
- March 2019 (Revised May 2019)
- Case
Space Angels, Multiple Equilibria, and Financing the Space Economy
By: Matthew C. Weinzierl and Alissa Haddaji
Chad Anderson had reason to be proud of his young space-focused investment firm, Space Angels. Since becoming CEO, Anderson had overseen growth along multiple dimensions, and Space Angels was “the preeminent name in space finance” according to one prominent space...
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Keywords:
Space Economy;
Venture Capital;
Entrepreneurship;
Strategy;
Business Model;
Aerospace Industry
Weinzierl, Matthew C., and Alissa Haddaji. "Space Angels, Multiple Equilibria, and Financing the Space Economy." Harvard Business School Case 719-070, March 2019. (Revised May 2019.)
- 2019
- Chapter
International Business and Emerging Markets in Historical Perspective
By: G. Jones
This chapter examines international business in emerging markets over the long run. It shows how the strategies of Western multinationals evolved over time. In the first era of globalization in the 19th century, Western firms sought access to resources, and they faced...
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Jones, G. "International Business and Emerging Markets in Historical Perspective." Chap. 3 in The Oxford Handbook of Management in Emerging Markets, edited by Robert Grosse and Klaus E. Meyer, 55–76. Oxford, UK: Oxford University Press, 2019.
- 2018
- Book
The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy
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...
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Keywords:
Enlightenment;
Political Economy;
Italy;
Commercial Society;
Economic Systems;
Trade;
History;
Markets;
Society;
Italy
Reinert, Sophus A. The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy. Cambridge, MA: Harvard University Press, 2018.