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The German economy has long been seen as the locomotive of European (and, on occasion, global) growth. Germany appeared to weather the stagflation of the 1970s more successfully than many other economies, and reunification in 1990 appeared to present opportunities for further growth. However, by the time Gerhard Schroeder was elected chancellor in 1998, many saw Germany as the new "sick man of Europe"--a title assigned to Britain during the 1970s. Burdened by the unanticipated high costs of integrating the former East Germany into the Federal Republic and choked by labor market regulations and dormant financial markets, German business was no longer seen as a world-beater. In this context, many argued for fundamental reform of German institutions, although many of these institutions seemed to have served Germany well during most of the post-World War II period.

Describes the economic stabilization program implemented by the Bolivian government in 1985 to 1986 and its impact on the development process in Bolivia.

Discusses the macroeconomic and political situation in the United Kingdom from the end of World War II through 2001. Focuses on the interactions among macroeconomic performance, labor relations, the corporate governance system, and social services. In particular, compares and contrasts the policies (and their implications) adopted by successive government administrations, from the postwar Clement Attlee Labour government to the administration of Conservative Margaret Thatcher and finally to Tony Blair and "New Labour."

Describes the development of Argentina's financial system after the "Tequila Crisis" that came about as a result of the speculative attack on the Mexican peso's peg to the U.S. dollar in December 1994. Although Argentina's banking system was strengthened overall due to changes implemented to address the crisis, most of the country's domestic private banks were either taken over by foreign banks or failed. Focuses on how in the year 2000, in an effort to remain Argentine owned, the last remaining large domestic private bank adopts a share offer considered by some--particularly a vocal member of one of the bank's controlling families--to be unfair to minority shareholders.

Describes the political and economic development in Argentina from 1900 to 1989, with a focus on the role of Peron and populism. A rewritten version of an earlier case.

Describes the political and economic development in Argentina from 1989 to 1995, with a focus on the role of the currency board. Culminates in Argentine policy makers (Menem in particular) contemplating how to respond to the tequila crisis in the middle of 1995. Focuses on the tradeoff between a fixed exchange rate to maintain price stability and the required high interest rates that impact financial stability. A rewritten version of an earlier case.