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- Faculty Publications (15)
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- All HBS Web (64)
- Faculty Publications (15)
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Supplemental Financial Information - Annual Report 2017
Negotiation Mastery was partially offset by slower-than-anticipated growth in CORe course participation. Recognizing the slowdown mid-year, the group acted decisively to trim strategic investments and growth in expenses. The resulting operating View Details
- Web
HBS - Financials | From the CFO
distribution for fiscal 2022. Moving down the income statement, operating expenses are expected to increase approximately 19 percent, due in part to the larger faculty and higher program-related expenses, including professional services....
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- Web
From the Chief Financial Officer - Annual Report 2020
approximately 12 percent from the $861 million reported for fiscal 2020. Combined revenue from HBP, Executive Education, and HBSO is expected to decrease by a similar percentage. Given the sharp decrease in revenue, the School expects to...
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- 29 Sep 2022
- News
Securing a Resilient Future for Senegal
In March 2020, Sijh Diagne (MBA 2017) left his job as an investment banker in New York to move back to his native Senegal as an advisor to the minister of economy, planning, and cooperation. The position would entail developing the country’s private sector;...
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Maureen Harmon
- Web
Financial Report 2018 - Financial Report 2018
Online operating deficit declined to $5 million, compared with $10 million to $12 million in each of the past four years since the group’s inception. Capital investment for fiscal 2018 increased 18 percent...
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- 14 Jun 2016
- First Look
June 14, 2016
https://pubwww.hbs.edu/faculty/Pages/item.aspx?num=50814 Fiscal Rules and Sovereign Default By: Alfaro, Laura, and Fabio Kanczuk Abstract—We provide a quantitative analysis of fiscal rules in a standard model of...
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Sean Silverthorne
- 29 Jan 2019
- First Look
New Research and Ideas, January 29, 2019
was roughly half as large as prior estimates have suggested. Publisher's link: https://pubwww.hbs.edu/faculty/Pages/item.aspx?num=55509 Fiscal Rules and Sovereign Default By: Alfaro, Laura, and Fabio Kanczuk Abstract— Recurrent concerns over...
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Dina Gerdeman
- 22 Feb 2011
- Research & Ideas
The Most Important Management Trends of the (Still Young) Twenty-First Century
results in a financial flow, where the debt of deficit countries is bought by surplus countries, who now own several trillion dollars of foreign assets. A related problem are the fiscal (government budget)...
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by Sean Silverthorne
- 14 Oct 2013
- Research & Ideas
Time that Government Reopens for Business
Competitiveness Project. Titled "Government Debt and Competitiveness," the paper asserts that "The United States federal government's current and projected fiscal deficits are not sustainable....
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by Jim Aisner
- 01 Jun 2009
- News
Letters to the Editor
projected for years to come. Deficits of a trillion dollars a year cannot be sustained indefinitely. China, our largest creditor, is already very concerned about the dangerous U.S. fiscal situation. If we...
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- 24 Oct 2017
- Research & Ideas
Tax Reform is on the Front Burner Again. Here’s Why You Should Care
as the state grew in the middle of the 20th century through the Great Depression and World War Two, and the advance of entitlements, we needed to fund those things and the fiscal capacity of the state grew. I think there's a lingering...
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by Sean Silverthorne
- 30 Apr 2019
- News
Leading Schools That Change Lives
Kennealey, who embraces the school’s emphasis on spiritual awareness, social responsibility, and academic excellence (98 percent of graduates are college-bound). He accepted the post at a challenging time. Salesianum had experienced several years of budget View Details
- 06 Mar 2012
- First Look
First Look: March 6
fiscal policy, K-12 education, and other areas. To address its challenges, America needs a strategy and a consensus on direction. Government will play a crucial role, but business must lead the way. Read the paper:...
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Sean Silverthorne
- 17 Mar 2011
- Research & Ideas
Harvard Business School Faculty Comment on Crisis in Japan
with the task of fashioning an appropriate fiscal response. Bold recovery plans would seem to be in order, but how that response is financed holds great import for Japan's economic future. With government View Details
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Re: Multiple Faculty
- 08 Oct 2012
- Research & Ideas
The Immigrants Who Built America’s Financial System
As today's fiscal deficit and dragging economy continue to cast long shadows, it's easy to forget much darker times in American history. Shortly after winning its independence from Great Britain, the United...
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- 02 Sep 2015
- Research & Ideas
Explaining China's Crash
will be a natural counterbalance to the slowdown in industry. Second, China is in good shape from a fiscal standpoint. They have a budget deficit target of 2.3 percent this year, but are currently in...
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- 23 Feb 2011
- First Look
First Look: Feb. 23
in Australia had long benefited from low tuition and large government subsidies. By the early 1980s, however, the nation's universities faced growing budget challenges and an apparent shortage of capacity as demand for higher education surged. Policymakers, cognizant...
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Sean Silverthorne
- 01 Jul 2008
- First Look
First Look: July 1, 2008
to drag the economy into a recession. The Bush administration approved a fiscal stimulus package exceeding $150 billion. Interest rates had been repeatedly cut at the fastest pace in decades, to 2.25% as of March 2008. The Fed, in an...
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Martha Lagace
- 16 Sep 2014
- First Look
First Look: September 16
acceded to the European Union and in 2008 to the Eurozone. However, in 2012, facing fiscal deficits and an insolvent banking sector, the island became the fourth EU country to formally request assistance...
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Sean Silverthorne
- 01 Dec 1998
- News
Africa's Way
transition. [Mandela awarded honorary degree from Harvard.] Mandela and his colleagues have emphasized deficit reduction, privatization, and fiscal conservatism, and the results of their policies are now...
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Susan Young and Garry Emmons