Globalization & Growth: Case Studies in National Economic Strategies
This text contains cases developed for use in teaching international political economy at the Harvard Business School. They represent the major developmental trajectories that have defined the recent history of economic growth. These cases empirically describe the strategies of China, India, Japan, Mexico, South Africa, Poland and the Czech Republic, Europe and the United States. As a group, these countries represent more than half the world's population and nearly two-thirds of its gross domestic product. The cases are as much political and institutional as they are economic and are based on Harvard's way of teaching analytical methodology for managers called "country analysis," which is a method of identifying the economic performance, social and political context, and national development strategy of a country or region. It also assesses each strategy in terms of its effects on the performance and its fit with context.
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Gradual Transition from a Planned Economy
Import Substitution to Washington Consensus
State Socialisms Disintegration
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Administration annual assets barrels Berlusconi bl/d Brazil Brazilian budget capital Central Bank China Commission companies competition costs Crown Prince Abdullah current account debt deficit Development direct investment domestic Economist Intelligence Unit elected estimated European European Commission exchange rate Exhibit expenditure exports February Federal firms fiscal foreign funds global growth Harvard Business School Ibid important included income increase India industrial inflation infrastructure Institute interest rates International International Monetary Fund Interview Islamic Italy Italy's Japan Japanese labor laws Mercosur Mexican Mexico million Ministry n/a n/a National officials oil prices OPEC Party Pemex percent political population President prime minister production Putin regional revenues Russian Saudi Arabia Singapore Singapore's social SOURCE South Africa sP sP sP strategy Total trade U.S. dollar unemployment Union wages workers World World Bank Yeltsin