HBSP (USA)
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Angola and the Resource Curse (Spanish version)
Musacchio, Aldo; Werker, Eric; Schlefer, JonathanCase HBS-714S10Economicsimmense inequality, low life expectancy, a non-diversified economy, and constant grumblings of corruption. The global financial crisis and subsequent fall in state oil revenue drives a loan-seeking Angola towards either the IMF, who demand extensive reforms, or the Chinese, who seek to take a direct stake in the nation's recovery. The case explores the dynamics of post-conflict recovery as well as the challenges associated with a reliance on oil...Starting at €8.20
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The Unsafe Side of Chinese Crony Capitalism
Fisman, Raymond; Wang, YongxiangArticle HBS-F1301B-EEconomicsNew research concludes that publicly traded Chinese companies in safety-regulated industries with C-suite executives who previously served in a high-level government position suffer worker fatalities at five times the rate of "unconnected" companies.Starting at €8.20