International Business and Economic Development
Lecture 9 - Revision
Thursday 7 March 2013
IBED Module: Aims and Learning Objectives
Aims To provide students with knowledge and skills needed to
conduct business and policy analysis of the roles of international trade, foreign direct investment, crossborder collaborative arrangements and international institutions in the process of economic growth and development. Learning objectives 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.
Module Structure
Lecture 1: International business and economic
development Lecture 2: International organisations and economic development Lecture 3: International business and technology transfer and spillover Lecture 4: International business between developed and emerging economies Lecture 5: Comparative study of BRICs - Brazil Lecture 6: Comparative study of BRICs - Russia Lecture 7: Comparative study of BRICs - India Lecture 8: Comparative study of BRICs - China
Some Important Issues
Lecture 1: International business and
economic development Relationships between MNEs, development and government policy
Lecture 2: International organisations and
economic development the Washington Consensus
Some Important Issues
Lecture 3: International business and
technology transfer and spillover
Technology or productivity spillovers from FDI and trade
Lecture 4: International business between
developed and emerging economies New MNEs from emerging economies
Some Important Issues
Lecture 5: Comparative study of BRICs
Brazil
Increasing returns to scale and catch-up hypotheses.
Lecture 6: Comparative study of BRICs
Russia
the Dutch disease
Some Important Issues
Lecture 7: Comparative study of BRICs
India
Indias unique development pattern
Lecture 8: Comparative study of BRICs
China
Sustainability of the investment- and export-led growth model and new strategy for future development.
2011-12 Exam
Question 1: Bhagwati (2007) and Narula and Dunning (2010) share
similar views about the impact of multinational enterprises on development and the role of host-country policy. Discuss.
Question 2: Compare the mechanisms for horizontal and vertical
productivity spillovers from foreign direct investment. Are productivity spillovers more likely to occur in vertical linkages than in horizontal linkages in developing countries? Explain your answer. .
2009-10 Exam
Question 3: Although encountered with difficulties, new multinational
enterprises from some emerging economies have made great inroads into the global economy. Discuss.
Question 4: Russias state-managed, network capitalism can be
competitive. Discuss.
2012-13 Exam
Same format:
Choose two out of four questions; Two hours.
Coursework Essay
Title: Discuss the impact of international trade
on economic growth or development in an emerging economy.
2500 words (25 % of the module assessment) due on Thursday the 14th March 2013
Coursework Essay
In terms of evaluation, the following factors will
be considered:
Use of literature and critical understanding Structure of presentation and organisation Analysis and arguments Originality and scholarly contribution Contribution to organisational practice Referencing and writing skills
Dissertation a research report
Indicative structure of a research report
1. Introduction (10%)
Source: Collis and Hussey (2009) Business Research, Palgrave
The research problem or issue and the purpose of the study Background to the study and why it is important or of interest Structure of the remainder of the report
2. Review of the literature (30%)
Evaluation of the existing body of knowledge on the topic Theoretical framework (if applicable) Where your research fits in and the research question(s) and propositions or hypotheses (if applicable)
Dissertation - a research report
3. Methodology (20%)
Identification of paradigm Justification for choice of methodology and methods Limitations of the research design
4. Findings/results (more than one
chapter if appropriate) (30%)
Presentation and discussion of the analysis of your research data statistical tests and their results
Dissertation - a research report
5. Conclusions (10%)
Summary of what you found out in relation to each research question you investigated Your contribution to knowledge Limitations of your research and suggestions for future research Implications of your findings (for practice, policy and so on)
References
A detailed, alphabetical list of all the sources cited in the text
Appendices
Detailed data referred to in the text, but not shown elsewhere
Research strategy: Case Study
Example 1
Ivarsson and Alvstam (2004)
International technology transfer through local
business linkages: the case of Volvo Trucks and their domestic suppliers in India.
Oxford Development Studies; 32(2), 241-260.
Research strategy: Questionnaire
Example 1 Simonin (2004) Knowledge transfer in international strategic alliances Examining international technology transfers using firmlevel data across 43 developing countries.
Example 2 Almeida and Fernandes (2008) Openness and Technological Innovations in Developing
Countries: Evidence from Firm-Level Surveys.
Journal of Development Studies; 44(5), 701-727.
Research strategy: Secondary data
Example 1 Li and Liu (2005) FDI and economic growth; Investigating whether
FDI affects economic growth based on a panel of data for 84 countries over the period 197099.
Example 2 Rose, A.K. (2004) Do We Really Know that the WTO
Increases Trade?
American Economic Review; 9(1), 98-114.
Research strategy: Using existing literature
Example 1 Bhagwati-WE-2007 Using existing literature to develop clear
arguments - BAD DOMESTIC POLICIES AS A CAUSE OF HARMFUL EFFECTS
Example 2 Prime et al. (2012) The Porterian framework of the competitiveness of
nations is used to compare China and India;
Research strategy: Using existing literature
Example 3 Arbix, G. and Laplane, M. (2003) Foreign Investment in
Latin America, Competition & Change 7(2-3), 113125. FDI did not generate foreign exchange and why it contributed to trade deficits.
Example 4 Guilln and Garca-Canal (2009) Identify and discuss two types of MNEs
American model Emerging economy MNEs
