Case 1: Questions for Brazil

1 Please answer all questions. Be precise and answer to the point. 2 Approximately the answer to all the questions should be between 6-8 typed pages. 3 Professional presentation is expected. Extra research and analysis is rewarded.4 The cases are group effort and are judged accordingly.

1. Macro-Economy : Historically, what has been the Strength and Weakness of the

Brazilian economy? In the 1990’s many East-Asian ‘miracle’ countries such as

Korea, Malaysia, Thailand and Taiwan achieved significant improvements in

achieving income-equality and economic growth of their nation due to Global trade.

What have been the impediments for Brazil to achieve similar results of export-led-

growth?

2. Brazil Cost : What is Brazil Cost? What strategies would you recommend to improve

competitiveness, capability and to lower ‘Brazil cost’? What challenges do Brazil’s

corporations face with respect to Global competition?

3. BRIC : Analyze the market organization, institutional framework and economic

structure of Brazil during the prior decade (2000-2010) and the Strategies adopted to

make it a dominant economic nation. In 2001 Goldman Sach’s research team termed

Brazil as one of the potential nations to become a world economic leader. Is Brazil

making progress as a BRIC nation to become a dominant global player?

4. Currency, Investment and Trade : What challenges does Brazil face with respect to

Currency and Trade in the forthcoming decade? What opportunities does Brazil offer

other nations with respect to Trade and Investment in the future?

CASE 2 QUESTIONS:

CADIM: CHINA AND INDIA REAL ESTATE DEALS

Instructions

1 Please answer all questions. Be precise and answer to the point. 2 Suggested answer length for all the questions should be 6 typed pages.3 Professional presentation is expected. Extra research and analysis is rewarded.4 The cases are group effort and are judged accordingly.

1. Market Entry : Identify the major challenges for a pension fund when investing

in a new country? Why should CADIM consider projects in India and China?

Why does CADIM place such a high emphasis on assessing the partners before all

else? What is the significance of the varied partner evaluation factors in the

overall assessment framework? Would you recommend any additions/ deletions?

2. Risk Metrics : What are the Key risks for India? What are the Key risks for

China? How do you gauge risk when investing in these countries? How helpful

are country risk assessment measures? What are the similarities and differences

between investing in the two countries?

3. Deal Evaluation and Partner Fit : Qualitatively assess each potential deal in

terms of its partner fit using the pension fund’s framework. Which deal(s) and

which partner(s) do you recommend and why?

4. Financial Analysis : Based on your earlier analysis, assess the deal’s impact on

the portfolio weightings and risk, including whether you feel the deal(s) is

acceptable? What are the issues relevant to the adjustment of the hurdle rate and

what modification would you make for the local risk? [If needed, make suitable

assumptions and explicitly state it] In each project’s own currency, calculate the

NPV and IRR for each deal? What are your overall recommendations to CADIM.