Harvard Business Review

NOVEMBER 6, 2014

For an example, reconsider the financial crisis. To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

For an example, reconsider the financial crisis. To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

JUNE 1, 2011

Talking to an Irish friend recently, I got a splendid take on the euro-crisis. As he pointed out, there are two sides to the growing European sovereign debt crisis. And as long as it was only Greece in trouble, a bailout made sense. The crisis is a result of predictable behaviors. Think about the pensions crisis.

Banking 13

Banking Crisis Credit Rating Long-term 13

Harvard Business Review

JULY 8, 2016

A deep economic crisis like those seen in Greece and Spain has not happened. Turkey can’t rely on the current price stability buffer long-term, but it is helping now. In some ways, the Turkish economy relies on regional and global uncertainties, by offering a comparatively better place to do business.

Tourism 9

Tourism Politics Uncertainty Price 9