lecture 9 - revision

7/29/2019 Lecture 9 - Revision

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International Business and

Economic DevelopmentLecture 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, cross-border collaborative arrangements and internationalinstitutions in the process of economic growth anddevelopment.

• Learning objectives• should be able to demonstrate the application of the

business and policy analysis through practical examplesand statistical data comparisons of economicdevelopment experiences in the presence of international business.



Module Structure

• Lecture 1: International business and economicdevelopment

• Lecture 2: International organisations and economicdevelopment

• Lecture 3: International business and technologytransfer and spillover

• Lecture 4: International business between developedand 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 andeconomic development

– Relationships between MNEs, developmentand government policy

• Lecture 2: International organisations and

economic development – the Washington Consensus




• Lecture 3: International business andtechnology transfer and spillover

– Technology or productivity spillovers from FDIand trade

• Lecture 4: International business between

developed and emerging economies

– New MNEs from emerging economies




• 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




• Lecture 7: Comparative study of BRICs – India

– India’s unique development pattern

• Lecture 8: Comparative study of BRICs –

China – Sustainability of the investment- and export-ledgrowth model and new strategy for futuredevelopment.



2011-12 Exam

• Question 1:

• Bhagwati (2007) and Narula and Dunning (2010) sharesimilar views about the impact of multinational

enterprises on development and the role of host-countrypolicy. Discuss.

• Question 2:

• Compare the mechanisms for horizontal and verticalproductivity spillovers from foreign direct investment. Are productivity spillovers more likely to occur in verticallinkages than in horizontal linkages in developingcountries? Explain your answer.

• .



2009-10 Exam

• Question 3:

• Although encountered with difficulties, new multinationalenterprises from some emerging economies have made

great inroads into the global economy. Discuss.

• Question 4:

• Russia’s state-managed, network capitalism can becompetitive. 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 anemerging economy.

– 2500 words (25 % of the module assessment) – due on Thursday the 14th March 2013



Coursework Essay

• In terms of evaluation, the following factors willbe 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 – Source: Collis and Hussey (2009) Business Research, Palgrave

• 1. Introduction (10%) – 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 yourresearch 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 localbusiness linkages: the case of Volvo Trucks andtheir 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 firm-level 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 whetherFDI affects economic growth based on a panel of data for 84 countries over the period 1970 –99.

• Example 2

• Rose, A.K. (2004) Do We Really Know that the WTOIncreases Trade? – American Economic Review ; 9(1), 98-114.



Research strategy: Using

existing literature• Example 1

• Bhagwati-WE-2007

• Using existing literature to develop cleararguments - BAD DOMESTIC POLICIES AS ACAUSE 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 inLatin America, Competition & Change 7(2-3), 113 –125.

– FDI did not generate foreign exchange and why itcontributed to trade deficits.

• Example 4

• Guillén and García-Canal (2009)• Identify and discuss two types of MNEs

– American model

– Emerging economy MNEs

lecture 9 - revision

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