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* 7004IBALecture Notes 1 Week 1Semester II/2011 International Economyand Globalization What are the Challenges? LECTURE 1 CONTENTS Discussion of course details including aims, content, assessment from Course Profile Course content Global Financial Crisis (GFC), International Economy and Globalization What are the Challenges? Major Website to Visit: * Course Contents 1. Course examines links between trade, investment and economic policy in Asia and the economy’s competitiveness in a globalized world in uncertain times (GFC Global Warming) 2. Lectures focus trade theories and application on exports and imports of commodities and services from Asia and their competitiveness. 3. Seminars focus national level exposure to international trade and national competitiveness with commodities and services. * Chart of Course Content Weeks 1 to 3: Trade and Competitiveness in Asia Concerned with why nations trade: - economic advantages verses disadvantages. ? How trade may be encouraged/stimulated by the use of trade policy in its many forms: - does trade policy help or hinder trade? Trade policy or market mechanism? New Economy? ? Weeks 6 to 7: Integration and FDI What are the particular problems posed for trade as a result of economic integration and globalization: - is there a conflict between regional and global integration? – Regional or multilateral trade relationships? What role for FDI? * Chart of Course Content cont’d Weeks 45: Seminar Presentations on Prescribed Topics (30 marks) Export promotion and industrialization of East Asia . ? The ‘new-economy’ and its place in international trade and services. Week 8 Mid-semester test covering lectures 1 to 5 worth 20 marks Week 9: Seminar Presentation What is FDI? What triggers Fire-sale in a globalized world economy. * Chart of Course Content cont’d Weeks 10 to 11: Lectures cont’d ? Economic management issues in Asia. What are the problems and challenges? ? Money and fo
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