Global
Sub-Saharan Africa bears a disproportionate burden of the current global HIV/AIDS epidemic. In 2008, the region accounted for 67% of HIV infections and 72% of the AIDS-related deaths worldwide. Rapid growth in international donor funding to combat the HIV epidemic has placed an enormous additional...
Flight delays have been a growing issue and they have reached an all-time high in recent years, with the airlines’ on-time performance at its worst level in 2007 since 1995. A recent report by the Joint Economic Committee of the U.S. Congress has estimated that the total cost to the U.S....
STANFORD GRADUATE SCHOOL OF BUSINESS—For millions of people across Africa, motorcycles can be a key to effective health care. Vaccines, HIV counseling and treatment, and other public health expertise are out of reach—with access obstructed by shortages, poverty, geography, and lack of...
By Professor Jonathan B. Berk A.P. Giannini Professor of Finance
STANFORD GRADUATE SCHOOL OF BUSINESS — In any financial crisis, it is possible with 20/20 hindsight to identify the specific proximal causes. Armed with this knowledge, legislators are invariably tempted to outlaw specific activities...
STANFORD GRADUATE SCHOOL OF BUSINESS—It's a simple fact of human nature: The minute people fear they may not be able to get their "stuff," they start hoarding whatever's available. On the industry level, notes Stanford professor Hau Lee, a similar dynamic can occur throughout a supply chain. The...
STANFORD GRADUATE SCHOOL OF BUSINESS—Back in the 1970s, corporations competed on quality. In the eighties, the quality effort gave way to the quest for lean manufacturing. In the nineties and beyond, business is increasingly global, product variety is growing, and production cycles continue to...
STANFORD GRADUATE SCHOOL OF BUSINESS—If you ask Seungjin Whang about the research and colleague Hau Lee do in supply chain management, he is likely to answer with a story about diapers. Babies consume diapers at a relatively steady rate, he will tell you. Month to month, the number of babies and...
STANFORD GRADUATE SCHOOL OF BUSINESS - It was the wildest of wild rides. In mid-January of 2007, crude oil futures on the NYMEX Exchange closed at $52 a barrel. Eighteen months later, a relentless climb had pushed prices to an all-time, inflation-adjusted high of $145 a barrel. World markets...
STANFORD GRADUATE SCHOOL OF BUSINESS—Two Caribbean islands, alike in nearly every way, provide what Stanford Graduate School of Business economist Peter Henry calls "as close to a laboratory experiment as you could hope to find in social sciences" for testing what factors lead to a country’s...
STANFORD GRADUATE SCHOOL OF BUSINESS—When a developing country opens its stock market to foreign capital, the resulting economic effect usually helps more than just big business. A recent study of 18 nations found that typical manufacturing workers saw their real wages go up seven times faster...