Calendar

Lec # Topics Key Dates
Part I - Introduction
1

Why Bother Studying National Economies in An Era of Globalization?

Readings:
Lardner, James. "Annals of Business, The Sweater Trade 1 & 2". The New Yorker. (January 1989).

  
2

Alternative Approaches to Analyzing National Economies

Readings:
Porter, Michael. "Determinants of National Competitive Advantage." In The Competitive Advantage of Nations. NY: The Free Press, 1990, 69-130.

Baron, David P. "Integrated Strategy: Market and Non-market Components." In California Management Review Vol. 37, No. 2 (Winter 1995): 47-65.

Case:
Gerber Products Company: Investing in the New Poland (HBS Case # 9-793-069-July 18, 1994). Update will be handed out in class.

  
Part II - Different Types of Market Economies
3

Liberal Market Economies: The United States

Readings:
Porter, Michael E. "Capital Choices: Changing The Way America Invests in Industry." In Executive Summary. Council on Competitiveness. 3-19.

Case:
Sterman, John D., Nelson P. Repenning, and Fred Kofman. "Unanticipated Side Effects of Successful Quality Programs: Exploring a Paradox of Organizational Improvement." In Management Science Vol. 43, No. 4 (April 1997): 503-521.

  
4

State-Driven Development: Korea

Readings:
"Super Model: Asia's Financial Foibles Make American Way Look Like a Winner." In Wall Street Journal. (December 8, 1997).

Korean Development and Western Economics (HBS case # 9-797-008. Rev December 18, 1996).

Case:
Daewoo and the Korean Chaebol (HBS Product # HKU143. August 15, 2001).

  
5

Contracting Under Uncertainty

Case:
White Nights and Polar Lights: Investing in the Russian Oil Industry (HBS Case # 9-795-022).

  
6

Development and Entrepreneurship in Emerging Markets I: India

Case:
Biocon (to be distributed in class)

 Conference call with Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon.
7

Development and Entrepreneurship in Emerging Markets II: The Case of Endeavor

Readings:
To be distributed in class.

 Guest Speaker: Linda Rottemberg, CEO of the Endeavor Initiative.
Part III - Beyond the Nation State? Who is Making the New Rules?
8

The Politics of Trade: Protectionisms, Sanctions, etc.

Readings:
To be distributed in class.

Case:
Layton Canada (HBS 9-796-108).

  
9

Intellectual Property Protection

Case:
To be distributed in class.

  
10

International Standards and Responsibility

Readings:
Locke, Richard. "Note on Corporate Citizenship in a Global Economy."

Case:
Locke, Richard. "The Promise and Perils of Globalization: The Case of Nike, Inc."

 Conference call with Hannah Jones, Director of Corporate Responsibility, Nike
11

Putting the Pieces Together?

Readings:
Fukuyama, Francis. "Social Capital and the Global Economy." In Foreign Affairs Vol. 74, No. 5 (September/October 1995): 89-103.

Huntington, Samuel P. "The West Unique, Not Universal." In Foreign Affairs Vol. 75, No. 6 (November/December 1996): 28-46.

Locke, Richard. "Building Trust".

Black, J. Stewart., and Hal. B. Gregerson. "Serving Two Masters: Managing the Dual Allegiance of Expatriate Employees." In Sloan Management Review, 33-4 (Summer 1992): 61-71.

  
12

In Class Final Exam