International Business and Global Governance

Recommended Prerequisites

Not applicable.

Teaching Methods

TP classes presuppose active participation and debate with and between students. In more lecture-based classes, the aim is to stimulate discussions regarding current affairs. The others are dedicated to analysing practical problems (real and/or simulated) with a view to consolidating students’ understanding of the topics at hand. Those goals are complemented with tutorial guidance, so as to clarify any doubts as they may arise, and to assist students with group work and/or a debate.

Learning Outcomes

Upon finishing the course, student should be able to:

1. Outline the bases of the International Liberal Order, including the political-economic principles behind Global Governance, as proposed at the end of the 20th century;

2. Determine the origins of the informal principles that have shaped the rules which multinational companies tend to practice, as well as their effects on the distribution of authority and power in the international system;

3. Discuss the business internationalization strategy, understand the evolution of Foreign Direct Investment, the importance of multinationals and the theories that explain it;

4. Know and explain the importance of global value chains, critically analyse the explanations for this increase and discuss the implications for global production;

5. Critically analyse the issues raised by sustainability in international business and understand the dilemma posed to multinationals.

Work Placement(s)

No

Syllabus

1. Intro: Power, Authority, the State and Multinationals

2. Global Governance and Globalization

3. Norms and the Standardization of Multinational business

4. Foreign direct investment and Multinationals

5. Global Production and Global Value Chains

6. Sustainable Business Strategy cases: Africa/South America/China.

Head Lecturer(s)

Luís Miguel Peres Lopes

Assessment Methods

Assessment
Periodic or by final exam as given in the course information: 100.0%

Bibliography

Daniels, J. et al. (2022). International business: environments and operations. 17th ed. New York: Pearson.

Hill, C.W.L. (2021) International business: competing in the global marketplace. 13th ed. New York: McGraw-Hill/Irwin, 2021.

Mellahi, K. et al. (eds) (2021) The Oxford handbook of international business strategy. Oxford: Oxford University Press.

Strange, S. (1996) The Retreat of the State: Diffusion of Power in the World Economy. Cambridge: Cambridge University Press.

Verbeke, A. et al (eds) (2018) Distance in international business: concept, cost and value. 1st ed. Bingley: Emerald Publishing.

 

A cada edição poderá ser disponibilizada uma lista de artigos científicos e/ou de relatórios de instituições relevantes para complemento dos manuais.

A list of scientific articles and/or reports from relevant institutions may be supplied annualy to complement the manuals.