Actualités et agenda
Nos formations
Présentation
The course has three main objectives. The first is to acquaint the student with important facts on the global economy. The second is to develop an understanding of the role of international trade and production in the world economy. The third is to provide an overview of existing approaches of multinational corporation strategies and their effects (transaction cost economics, OLI paradigm…).
This course should allow students to develop an understanding of the trade and investment environment in which international business transactions take place. It should help them to examine the strategies and structures that firms adopt in order to compete effectively in this complex environment.
1. Globalization. Causes, consequences, trends.
2. Trade From Classical Theories to Economic Geography
3. Trade: From comparative advantage to competitive advantage
4. Country Risk
5. Multinational Firms: Why do they exist? Transaction cost theory and OLI paradigm
Multinational Firms: horizontal FDI vs vertical FDI
Multinational Firms: The mode of entry decision
Multinational Firms: With Whom? When? Where? (Uppsala model, psychic distance, network or resource-based theories, born global or new-born global…)
Multinational Firms: Impacts of MNEs on host and home countries
6. Student Presentation
Modalités
Term paper and presentation 40%
Final Exam 60%
Ressources
|| <!--[if !supportLists]-->· <!--[endif]-->Deardorff, A.V.; Stern, R.M.. What You Should Know about Globalization and the World Trade organization, Review of International Economics, August 2002, Vol. 10 Issue 3, 404-423|| <!--[if !supportLists]-->· <!--[endif]-->Dirma, S. C.; From International Trade to Firm Internationalization, December 2010, Issue 3, 8-15|| <!--[if !supportLists]-->· <!--[endif]-->Dunning, J. H., The Eclectic Paradgim as an Enveloppe for Economic and Business Theories of MNE Activity, International Business Review, Vol. 9, 163-190|| <!--[if !supportLists]-->· <!--[endif]-->Feenstra, Robert C Advanced International Trade: Theory and Evidence, 2004, Princeton: Princeton University Press.|| <!--[if !supportLists]-->· <!--[endif]-->Helpman, E., Melitz M., Yeaple, S., Export versus FDI with Heterogeneous Firms, American Economic Review, 2004, vol. 94, 300-316|| <!--[if !supportLists]-->· <!--[endif]-->Krugman, P., M. Obstfeld, International Economics: Theory and Policy, Addison Wesley, chapters 1 to 7.|| <!--[if !supportLists]-->· <!--[endif]-->Markusen, J.R., Multinational Firms and the Theory of International Trade, September 2004, MIT Press|| <!--[if !supportLists]-->· <!--[endif]-->Porter, M. E., The Competitive Advantage of Nations, Havard Business Review, March-April 1990|| <!--[if !supportLists]-->· <!--[endif]-->Pugel, T., International Economics, McGraw Hill Irwin, chapters 1 to 6, 14.|| <!--[if !supportLists]-->· <!--[endif]-->“World Bank, Globalization, Growth and Poverty: Building an Inclusive World Economy, a World Bank Policy Research Report, 2002, available on line: <a>http://go.worldbank.org/OGMWMODFR0</a>