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BSP2005 AdditionaltoLecture2 Monday19th August2013

Tutorials1,2and3
(ChangesduetoElearningweekinweek5)
Sem1/AY2013 to 2014 Tutorial 1(IS) (Wk 3) BSP 2005 Tutorial Topics Class Administration Distribution of Group Case study Harvard Case Study: Singapore Inc.

Week starting 26th Aug. MaterialswillbeavailablefordownloadviaIVLEfrom 2013 23rd August2013.

Tutorial 2 (IS) (Wk 4) Week starting 2nd Sept. 2013

Asias dynamic growth in the new century Required Readings Ch. 1, 2 and 6 of Tselichtchev and Debroux. Supplementary Reading: ASEANCompetitivenessReport2010.Seeweblink: http://www.spp.nus.edu.sg/docs/ASEAN_Competitiveness_Report_2010.pdf

Tutorials1,2and3
(ChangesduetoElearningweekinweek5)
Sem1/AY2013 to 2014 BSP 2005 Tutorial Topics The State and Business Groups in Asia Tutorial 3 (IS) (Wk 5) Required Readings

Week starting 9th Sept. Ch. 3 and 4 of Tselichtchev and Debroux. 2013 Porter, M. (1990 "The competitive advantage of nations", Harvard Business Review, Mar/Apr, Vol.68(2), p.73-93. (ELearningWeek) Supplementary Reading: ASEANCompetitivenessReport2010.Seeweblink: http://www.spp.nus.edu.sg/docs/ASEAN_Competitiveness_Report_2010.pdf

Tutorial4&5
Tutorial 4 ( Wk 6) Harvard Case Study : Special Economic Zones in India Property (A) Tutorial 5 ( Wk 7) Harvard Case Study : Google in China

ThesematerialswillbeavailablefordownloadviaIVLEfrom 30th August2013.

Lecture1coverage
Globalization Riseofinternationalbusiness FDI ASEANastradingbloc?

NUSBizSchool/IsabelSIM BMP5002/Sem1AY20122013

Globalization
Whytrade? Totradeornottotrade? Whodowetradewith?

NUSBizSchool/IsabelSIM BMP5002/Sem1AY20122013

TheGlobalizingEconomy

Anumberoftrendspusheconomiestobecome moreintegratedandglobalized. Aseconomiesbecomemoreintegrated,the barrierstointernationalparticipationbyfirms becomelower. Consequently,afirmcanmoveintoforeign marketswithgreaterease,lowercosts,andwith betterprospectsfordoingsoprofitably.


NUS Biz School/ Isabel SIM BMP5002 / Sem 1 AY2012-2013 7

TheGlobalizingEconomy
Evidenceofglobalization

Worldtradehasincreasedby20timessince1950. FDIincreasedby10timesfrom1984to1998. By1998:


60,000parentcompaniesoperatedawayfromhome marketsthrough500,000subsidiaries/affiliates ProducedUS$11trillioninglobalsales,25%ofglobal output US,Japanese,WesternEuropeancompaniesthemajor investorsinEurope,Asia,andNorthAmerica
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TheGlobalizingEconomy
Globalizationandtheinternationalizationofafirms businessstrategies
Afirmsinternationalizationproceedsfirstthrougharegionalization. AtypicalmultinationalfirmintheAsiaPacificmighthaveoperationsin allTriadregions,butitislikelytohavethemajorityofactivities concentratedinothercountriesintheAsiaPacific. Likewise,itscompetitors,suppliersandbuyerswilleachhaveastrong focusontheAsiaPacificregion.

TheGlobalizingEconomy

TechnologicalChange

Globalizationofmarketsandproduction
theresultofloweringoftradebarriersand enabledbytechnologicalchange

Telecommunicationsand microprocessors Theinternetandtheworldwideweb Transportationtechnology


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Globalization Whatarethebenefits? Whatarethecosts?

NUS Biz School/ Isabel SIM BMP5002 / Sem 1 AY2012-2013

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IntroductiontoASEAN
IntroductiontoASEANandSouthEastAsian Economies http://www.youtube.com/watch?v=ZfHJdhVdIIQ http://www.youtube.com/watch?v=TOA02ozB1Ow

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Homework ASEAN http://www.asean.org/


For information on investing in ASEAN, down article from http://www.asean.org/resources/publications/aseanpublications/item/investing-in-asean-2011-2012-2?category_id=382 Other useful links within the ASEAN website For Statistics, see http://www.asean.org/resources/2012-02-10-08-47-55/asean-statistics For Factsheets, see http://www.asean.org/resources/fact-sheets

NUS Biz School/ Isabel SIM BMP5002 / Sem 1 AY2012-2013

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Supplementaryreadingsforyour interest
IfyouareinterestedabouthowASEANmanagedto overtheAsianFinancialCrisis&PostCrisisFDIflows toASEAN.Youcandownloadthefollowing documentsfromOECD. Seewebsite http://www.oecd.org/investment/investmentfordeve lopment/46485385.pdf

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