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Author : David Epstein
Publisher : West Academic Publishing
Total Pages : 655

All managers face a business environment where international and macroeconomic phenomena matter. Understanding the genesis of financial and currency crises, stock market booms and busts, and social and labor unrest is a crucial aspect in making informed managerial decisions. Adverse macroeconomic phenomena can have a catastrophic impact on firm performance â€" witness the strong companies destroyed by the Mexican tequila crisis. Yet, at the same time, such episodes also create business opportunities â€" and not just for the hedge funds and speculators that profit from them. Managers that have and use a coherent framework for analyzing these phenomena will enjoy a competitive advantage. This book presents a series of case studies taught in the Harvard Business School course “Institutions, Macroeconomics, and the Global Economy.” The course addresses the opportunities created by the emergence of a global economy and proposes strategies for managing the risks that globalization entails. A complimentary copy of the Instructors Manual is available for all instructors who adopt this book as a course text. Please send your request to sales@wspc.com. Sample Chapter(s) Overview: Institutions, Macroeconomics, and the Global Economy (119 KB) Request Inspection Copy

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