Economics

The Melbourne City Link

Publication Date: June 01, 1999

The Melbourne City Link, a $2 billion privately-funded highway project, was one of the first fully electronic toll roads in the world. While the government of the State of Victoria specified this innovative tolling system in the tender for the...

A Bureaucrat's Dilemma: Skirmish on the Front Lines of Romanian Agricultural Reform

Publication Date: May 01, 1999

When a reform-minded economist joins Romania's Ministry of Agriculture, she expects to help move her nation toward market-based changes that will increase the production of food by reducing subsidies and tariffs. Instead, General Secretary...

The Tribasa Toll Road Trust

Publication Date: December 01, 1998

This case demonstrates how the international capital markets were used to obtain financing for the expansion of limited access highways in Mexico. Structured as a Rule 144A transaction, the offering securitized the future Mexican...

Mexico's Competition Law and the Federal Competition Commission

Publication Date: November 01, 1998

In 1992, Mexico passed a law making certain anti-competitive practices illegal and creating a Federal Competition Commission (Comision Federal de Competencia) to enforce competition policies. This case describes the considerations involved in...

Cleaning up the "Big Dirties": The Problem of Acid Rain

Publication Date: November 01, 1998

Shortly after his 1989 inauguration, President George Bush confronts a seemingly intractable dispute which had simmered through the 1980s: how to legislate the clean-up of the so-called "big dirties", large coal-burning Midwest power plants...

Treasury and the Mexican Shock

Publication Date: September 01, 1998

The devaluation of the Mexican peso in December, 1994 roiled the world's financial markets. The possibility that the Mexican government might not be able to pay its obligations to bondholders--including international investors--threatened...

To Budapest and Beyond (Epilogue)

Publication Date: September 01, 1998

When Ukraine becomes independent following the collapse and dissolution of the Soviet Union, the nation which is suddenly Europe's third most populous finds itself almost immediately caught up in high-stakes international diplomacy and...

Decision to Denuclearize: How Ukraine Became a Non Nuclear Weapons State

Publication Date: September 01, 1998

When Ukraine becomes independent following the collapse and dissolution of the Soviet Union, the nation which is suddenly Europe's third most populous finds itself almost immediately caught up in high-stakes international diplomacy and...

The Long Road Ahead: Seeking Recovery for War-Torn Mozambique

Publication Date: August 01, 1998

When Joaquin Chissano, newly-elected president of the East African nation of Mozambique, took office in October, 1994, he inherited the despair and destruction which had followed 16 years of civil war. This so-called "in box" case frames the...

The Long Road Ahead: Seeking Recovery for War-Torn Mozambique (Epilogue)

Publication Date: August 01, 1998

When Joaquin Chissano, newly-elected president of the east African nation of Mozambique, takes office in October, 1994, he inherits the despair and destruction which has followed 16 years of civil war. This so-called "in box" case frames the...

SAGASCO Holdings Limited

Publication Date: August 01, 1998

In the summer of 1993, Australia's Trade Practices Commission was considering whether or not to permanently enjoin Santos Limited from acquiring SAGASCO Holdings Limited. This merger was potentially of enormous significance, since Santos was the...

The US-USSR Grain Agreement

Publication Date: August 01, 1998

In July, 1975, top White House economic officials in the Ford Administration receive information that the Soviet Union, in the face of a disappointing grain harvest, might seek to purchase large amounts of wheat and corn from US suppliers. This...