International business and economic development

Convenor: Professor Xiaming Liu
Assessment: Exam (counts 75%), essay (counts 25%) to be submitted 23rd November 2011 (Absolute Cut-Off deadline – 14th December) and workshop attendance.

Aims

This module aims to provide students with knowledge and skills needed to conduct business and policy analysis of the roles of international trade, foreign direct investment, cross-border collaborative arrangements and international institutions in the process of economic development.

Learning objectives

By the end of this module, the students should be able to demonstrate the application of the business and policy analysis through practical examples and statistical data comparisons of economic development experiences in the presence of international business.

Content

• International business and world economic development
• International business and endogenous growth
• International organisations and economic development
• International business and technology transfer and spillover
• International business strategies in transitional and emerging economies
• International expansion of emerging economy firms
• Comparative study of BRICs – Brazil, Russia, India, and China

Background reading

• Bhagwati, Jagdish (2004) In Defense of Globalization, Oxford University Press.
• Peng, Mike W. (1999) Business Strategies in Transition Economies, Sage.
• World Bank (2005) Economic Growth in the 1990s: Learning from a Decade of Reform, World Bank.
• Important articles from Journal of International Business Studies, Journal of World Business, International Business Review, Management International Review, World Development and World Economy.