This book presents a series of case studies taught in the Harvard Business School course, Institutions, Macroeconomics, and the Global Economy (IMaGE). The cases focus on key recent events that have shaped the way economists think about these subjects. The cases also cover events that occurred during the last three decades as they hold important lessons for the business environment that managers face today. They have also been designed to provide readers with an appreciation of the critical role of institutions in affecting patterns of international capital flows and the abilities of government to manage them effectively.