Niall Ferguson
There are 3 articles for this faculty member.
About Faculty in this Article:
Niall Ferguson is the William Ziegler Professor of Business Administration at Harvard Business School and Laurence A. Tisch Professor of History at Harvard University.
The End of Chimerica
| Authors: | Niall Ferguson and Moritz Schularick |
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| Published: | December 16, 2009 |
| Paper Release Date: | November 2009 |
| Feature: | Working Papers |
For the better part of the past decade, the world economy has been dominated by a unique geoeconomic constellation that the authors call "Chimerica": a world economic order that combined Chinese export-led development with U.S. overconsumption on the basis of a financial marriage between the world's sole superpower and its most likely future rival. For China, the key attraction of the relationship was its potential to propel the Chinese economy forward by means of export-led growth. For the United States, Chimerica meant being able to consume more, save less, and still maintain low interest rates and a stable rate of investment. Yet, like many another marriage between a saver and a spender, Chimerica was not destined to last. In this paper, economic historians Niall Ferguson of HBS and Moritz Schularick of Freie Universität Berlin consider the problem of global imbalances and try to set events in a longer-term perspective.
Business Summit: Niall Ferguson and the Certainty of Uncertainty
| Published: | June 5, 2009 |
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| Feature: | HBS Business Summit |
The economic crisis should not have been unexpected, says professor Niall Ferguson. Business leaders should consider history when developing their strategies, plans, and models, and should keep in mind that outlier events occur.
Published in 2005
What Could Bring Globalization Down?
| Q&A with: | Niall Ferguson |
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| Published: | May 23, 2005 |
| Feature: | Research & Ideas |
Do you think the forces of globalization are here to stay? Harvard professor Niall Ferguson says nothing is for certain. Consider what happened to the "first age of globalization" in 1914—and then look around at the world today.
