Global

The economic resilience of developing nations during the world economic crisis has been encouraging, Stanford Graduate School of Business economist Michael Spence told a student audience, but ongoing global growth needs an integrated financial strategy. Spence heads the Commission on Growth and Development.
For millions of people across Africa, motorcycles can be a key to effective health care. A well-maintained fleet of vehicles and motorcycles to connect patients, medical expertise, and medicine is sometimes the most vital link in the health delivery supply chain. A new case written for the Stanford Global Supply Chain Management Forum describes one successful program.
California is quickly reaching the point where each unit of water used to raise crops costs more in ecological damage than it provides benefits of crops, said Peter Gleick, president of the Pacific Institute, during the Stanford Graduate School of Business’ annual environmental lecture.
Former Secretary of State and current Stanford faculty member Condoleezza Rice looks back at lessons learned and consequences of Middle East policy decisions of the Bush Administration.
In the next 40 years, a global power shift will see today's leading economic countries drop from having 80% of the world's income to 35%, says John Wolfensohn, former World Bank president.  By 2030, two-thirds of people in the world's middle class will be Chinese.
Social pressure plays a major role in determining corporate strategy and performance according to an award-winning paper coauthored by Professor David Baron. The researchers find that social pressure and social performance reinforce each other, greater social pressure is associated with lower financial performance, and financial and social performance are largely unrelated.
The financial impact of regulating coal-fired power plants that produce carbon dioxide emissions under a cap-and-trade system will be much less than previously projected according to research by Professor Stefan Reichelstein and doctoral student Ozge Islegen.
Hermitage Capital Management went from $25 million to $4 billion by investing in undervalued Russian companies. Today its founder, Bill Browder, MBA '89, says anyone investing in Russia long term "is out of their mind."

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