Global Political Economy: Professor Roy C. Nelson

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GM4000, Global Political Economy
Professor Roy C. Nelson
Thunderbird School of Global Management

Course Description

Global managers operate in an international economy that presents tremendous opportunities as well as risks. Globalization has dramatically expanded opportunities for international trade, investment, and economic development. At the same time, global managers have to deal with the prospect of trade wars, international financial crises, environmental regulations, ethical dilemmas, and intensified competition over markets and resources. In addition, international organizations such as the International Monetary Fund, World Trade Organization and World Bank Group have a direct impact on international business operations.

The overall objective of this course is to develop analytical tools for understanding the rapidly changing and dynamic global political economy. With these tools, managers will be better prepared to anticipate the risks and take advantage of the opportunities they will encounter in the global business environment.

The specific objectives of this course are the following:

• To develop tools of analysis for understanding trends and developments in the global political economy

• To develop students' abilities to use these tools to assess international economic institutions such as the International Monetary Fund, World Trade Organization, and World Bank Group

• To develop analytical tools for assessing a country's foreign economic policy

• To develop an understanding of environmental and ethical issues that affect the strategy of global corporations

• To introduce students to analytical frameworks for country risk analysis