Write a 2,500 word essay on one of the topics listed below. The essay should be word-processed, in 12 point font and single spaced. The students are expected to show capacity to select, compile and categorise material from a number of sources into a coherent body of knowledge. They must show an understanding of key theoretical frameworks and apply appropriate concepts to the assessment of evidence leading to the appreciation of practical policy implications of globalisation from the point of view of emerging markets and MNCs. This is in accordance with the learning outcomes. The assessment criteria are: knowledge and content, relevance and discourse, clarity and communication, organisation and language, references.
The essay should not exceed the word limit. Essays that exceed the word limit by more than (250 words) will be deducted 10 percentage points. For this piece of coursework it is important to demonstrate that you have detailed knowledge of International Business in a specific Emerging Market. During the lecture & class sessions students will be required to select an Emerging Market example and students will be directly required to demonstrate the depth of their research when answering the selected coursework question.
Select an emerging market economy of your choice. For this economy:
(a) Comment on its industrial structure.
(b) Collect data for selected macro-economic indicators for this economy such as GDP, Balance of Payments, Imports/Exports, Inward/outward FDI, inflation, Unemployment, etc., for the last 10 years. What can you conclude from this data?
(c) Using examples from your research into Emerging Markets discuss the benefits & costs for developed and emerging market firms with regard to their investment in each others countries. Explain why the available entry strategies might differ for Foreign Direct Investment (FDI) between developed & emerging markets.