Mihir A. Desai is the Rock Center Associate Professor of Finance and Entrepreneurial Management and the MBA Class of 1961 Fellow at Harvard Business School (HBS) where he has taught since 1998. He is also a Faculty Research Fellow in the National Bureau of Economic Research's Public Economics and Corporate Finance Programs. His research on international finance and public economics has been published in leading academic journals such as the Quarterly Journal of Economics, the Journal of Finance, the Journal of Financial Economics and the Journal of Public Economics and has been cited widely in the business press. A fuller discussion of his research and publications can be found at www. people.hbs.edu/mdesai.

The cases in this book were developed for Professor Desai's second-year elective, entitled "International Financial Management," that he has taught at HBS since 2004. In addition, Professor Desai co-teaches Public Economics at Harvard College, is the Faculty Chair of the executive program on Cross-Border Financial Decision Making and has participated in numerous executive education programs at HBS. He received the Student Association Award for teaching excellence from the HBS Class of 2001. Professor Desai received h is Ph.D. in political economy from Harvard University; his MBA as a Baker Scholar from HBS; and a bachelors degree in history and economics from Brown University. in 1994, he was Fulbright Scholar to India. His Professional experiences include working at CS First Boston and advising a number of firms and governmental organizations.