AGDK14002U Global Business and Economics
MSc programme in Global Development
The course is based on one over-arching conceptual theme – economic linkages. The general aim is to outline and explain how business activities in developing countries are established, consolidated and expanded (or curtailed and discontinued!) through commercial networks. No business activity – be it as simple it can be – is taking place in a vacuum: clearly businesses are connected to markets (of many different shades) but in addition they are vertically linked to input suppliers (of many different forms) and horizontally linked to competitors (of many different degrees). These commercial networks are not ‘purely economic’ but are embedded in social, political and cultural institutions, formal as well as informal. Furthermore, commercial networks unfold at different spatial scales. Loosely defined these may be conceptualized as the local, national, regional and international scale – the point being that global dynamics are increasingly incorporated in all commercial networks.
The ambition is to provide this broad understanding of the nature and scope of commercial networks while focusing on the economic aspects of linkages within commercial networks. The course is organizationally structured in three separate but inter-related spatial and functional categories that are appropriate for a focus on economic linkages:
Enclaves: Localized ‘singular’ commercial activities, globally integrated but functionally isolated
Clusters: Spatial agglomeration of commercial activities, i.e. vertically linked, horizontally linked or unrelated (but exploiting positive externalities like infrastructure, labor markets, etc.)
Chains: Cross-territorial linkages of commercial activities that are spatially segregated but functionally integrated
Within these categories the course will deal with different economic sectors (primarily agriculture and manufacturing) and different spatial spheres (primarily ‘the rural’ and ‘the urban’). The idea is that most lectures/seminars will emphasize one particular sector and one spatial sphere while paying due attention to ‘external linkages’. Hence, by using the mixture of sectors and spatial spheres in the context of economic linkages it is possible to;
disseminate knowledge of empirical manifestations (i.e. tangible learning about the ‘real world of global business’ in its many and varied forms), and
convey the important message that despite the separation of sectors and spheres (in the abstract) they are intrinsically linked through business networks (in the concrete).
Introduction (1 lecture) - Course rationale, content and structure
Enclaves/Sectors (4*2 hours lectures + 4*2 hours seminar sessions)
Agriculture in development - Are we caught in an efficient smallholder illusion?
Contract farming and smallholder inclusion.
Mining enclaves and corporate social responsibility (CSR).
Doing Business (in the industrial sector) - The problem of the missing middle and informality – Can we move SMEs up the productivity ladder?
Clusters/Agglomeration (4*2 hours lectures + 4*2 hours seminar sessions)
CSR, certification, standards – Is it all good?
The dimensions, determinants and impact of FDI – Identifying spillovers from MNEs/FDI to domestic firms.
Cooperation and competition in business districts and industrial zones.
Chains/Trade (4*2 hours lectures + 4*2 hours seminar sessions)
Governance, institutions and upgrading in global value chains.
Dynamics of global agro-industrial value chains.
Understanding the gains and dimensions of international trade. What are the distributional consequences of globalization?
Learning by exporting and trade externalities. How important are these in understanding international trade patterns?
Winding up (1*2hours lecture) - Perspectives on global business in enclaves, clusters and chains.
After completing the course, the student should be able to:
Describe and explain main methodologies, concepts and issues relevant within the themes (i) Enclaves/Sectors, (ii) Clusters/Agglomeration and (iii) Chains/Trade.
Show overview of scientific facts and disagreements related to economic linkages.
Understand the economic, social and political dimensions of global business.
Select relevant theories and methods for analyzing economic linkages.
Be able to evaluate empirical results related to the three themes Enclaves, Clusters and Chains, as well as demonstrate a thorough understanding of the problems faced when carrying out empirical work related to the issues.
Communicate and discuss theories and empirical results related to three themes.
Process relevant information for analysis of economic linkages.
Carry out economy/geography exercises (i.e. benchmarking etc.) related to economic linkages.
Course registration is automatic.
This course is fully booked and therefore not open to credit/exchange students.
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationThree hours’ written exam.
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
If you fail an examination, you will be allowed two more attempts to pass the relevant course. The first re-examination will typically be scheduled immediately following the semester (February/August). The second re-examination will typically be scheduled in the following exam period.
In order to contact to sign up for the re-exam please contact Ulla Andersen, email@example.com. You must sign up no later than 14 days before the re-exam date.
Criteria for exam assesment
See 'Learning Outcomes'
- Course Preparation