Globalization : Overcoming the challenges

Globalization is the turbulent background each of you will face throughout your successful career.
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  • Lectures 64
  • Length 6.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
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About This Course

Published 9/2014 English

Course Description

The seminar aims at assessing the challenges and key opportunities of the globalized market economy. Throughout this MOOC, we shall tackle not only competitiveness, risk management or financial flow issues, but also governance, geopolitical turmoil and sustainable development. Indeed, the global crisis casts light on a key challenge of globalization, namely, providing a social and long-time horizon to the market economy.


What are the requirements?

  • Prior academic knowledge or operational experience are not required. Motivation, tenacity, team work, and a willingness to learn are essential. Ideally, you'll join the class with at least a rough idea of the post WWII international economic system and its institutional framework (World Bank, IMF, UN system. OECD…). A bit of preparatory work and warming up is strongly recommended: start to read and absorb breaking news and data regarding globalization because you will be expected to participate in lively and mutually fruitful debates.

What am I going to get from this course?

  • Six main takeaways of this MOOC on Globalization
  • 1. Assessing the risks and opportunities of globalization regarding cross-cultural management
  • 2. Understanding the spill-over effects of macroeconomic and geopolitical volatility on business strategy
  • 3. Looking at long-term trends, beyond quarterly reporting, with cross-country comparisons and historical perspectives
  • 4. Working in a multi-cultural team, while transforming information and data into economic intelligence
  • 5. Benefiting from the expertise of a team of professional instructors who combine strong academic skills and operational experience: globalization is a concrete and dynamic process
  • 6. Combining a wide range of challenging activities, including online group discussions, collective news mash-ups, team reports, interviews, rankings and ratings

Who is the target audience?

  • Students who are aiming to have mobile and diverse professional careers in the global markets
  • Professionals who need to assess the risks of spill-over in the globalized economic system
  • Those who want to get beyond short-term myopia and understand the underlying causes of global structural transformations

What you get with this course?

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30 day money back guarantee.

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Get rewarded.
Certificate of completion.

Curriculum

Section 1: DAY 1 Course introduction
03:12

What am I going to get from this course?

  • There are five main takeaways of this MOOC on Globalization.
  • 1. Assessing the risks and opportunities of globalization regarding investment, trade and finance, and understanding the spill-over effects of macroeconomic and geopolitical trends on business strategy
  • 2. Looking at long-term trends, beyond quarterly reporting, with cross-country comparisons and historical perspectives
  • 3. Working in a multi-cultural team, while transforming information and data into economic intelligence reports. Group debates will be the key for consensus building
  • 4. Benefiting from the expertise of a team of professional instructors who combine strong academic skills and operational experience: globalization is a concrete and dynamic process
  • 5. Combining a wide range of challenging activities, including online group discussions, collective news mash-ups, team reports, interviews, rankings and ratings
00:30

Before starting, a quick reminder of the course objectives!

Q&A video
00:01
Jump-start: A few Q&As (compulsory reading!)
02:58
01:23
Your weekly collective tasks
13 questions

Warming up: 12 + 1 questions to test your global knowledge

16:39

Readings and Food for thought:

For the french-speaking participants : .Bouchet, Michel Henry: « La Globalisation: Introduction à l'économie du nouveau monde », Pearson, Paris
Pankaj Ghemawat (IESE), World 3.0, 2011. Business Review Press
Robert E. Lucas Jr.: “The Industrial Revolution: Past and Future”, FRB Minneapolis,. May 2004.
Suzanne Berger: “Making in America: From Innovation to Market” (with the MIT Taskforce on Production in
the Innovation Economy) (MIT Press, 2013).

Test your understanding regarding the globalization process
3 questions
The challenge of cross-cultural management
01:16
Kickoff Conference
00:04
Secular stagnation: Myth or threat?
09:45
What about secular stagnation?
6 questions
Exercise : Cross-campus brainstorming
00:13
One or two steps further
00:24
Section 2: The global Big Bang: When and where?
Introduction to section 2
00:19
11:10

Suggested Readings:

Test yourself on global growth
6 questions
Is the global Big Bang ever expending?
10:25
Test yourself on the global Big Bang!
10 questions
Exercise: YOUR vision of the promise and pitfalls of globalization 2016-2030
00:26
One or two steps further...
00:19
Section 3: DAY 2 Globalization: Silver bullet or more harm than good?
Introduction to section 3
00:24
Does Globalization hurt? (video 1) Economic liberalization
11:46
Check your understanding of economic liberalization
7 questions
Exercise : Cross campus debate
00:27
11:51

A few myths & misconceptions regarding volatile and destabilizing capital flows! Contrary to trade openness, financial liberalization is not a recipe for sustainable growth but for volatility and crisis.

Financial deregulation: True or false?
7 questions
Take off and catching up: myth or reality?
11:53
Test your understanding on "take off and catching up"
3 questions
Reshaping the world map: don’t think in acronyms!
11:19
Reshaping the world map: OECD, BRICS, IFIs and EMCs… Don’t think in acronyms!
3 questions
One or two steps further
00:15
Section 4: DAY 3 Is globalization out of breath?
Introduction to section 4: The balance between sovereignty and interdependence
00:32
Is the wealth gap rising forever?
11:26
Is the global wealth gap rising forever?
4 questions
BREXIT or GLOXIT? Goodbye EU or goodbye Globalization?
00:23
BREXIT or GLOXIT? Goodbye EU or goodbye Globalization?
06:34
11 questions

Check your understanding so far with a quiz.

One or two steps further regarding wealth inequality within & between countries
00:14
Section 5: Global competition to attract capital flows
Introduction to section 5
00:21
08:25

For those who want to deepen their knowledge of financial globalization, what MH Bouchet calls “Hyperfinance”: “The evidence and impact of financial globalization”, edited by Gerard Caprio, ELSEVIER edit. November 2012.

Exercise : Share Your Amazing story, with interviews and testimonies
00:24
Development finance flows: How much? Where and Who?
11:09
Quiz on global capital competition
5 questions
One or two steps further...
00:09
Section 6: DAY 4 Global competitiveness: Inputs and ranking
Introduction to section 6
00:14
Exercise : crosscampus debate
00:44
1- Global competitiveness: The key inputs
09:53
True or false? The key inputs of global competitiveness
7 questions
2- Competitiveness: Measuring, rating and comparing
15:34
Exercise: BCG analysis and debate
00:24
3- A glance at China's competitive edge
10:11
One or two steps further regarding China's competitive edge
00:07
Section 7: DAY 5 How to make it work?
Introduction to section 7: Is global regulation wishful thinking?
00:26
Regulation and global crisis-1: Assessing governance
06:31
Global turbulences. How to make it work? True or false?
7 questions
00:14

After the video, a ranking exercise of sovereign governance.

Regulation and global crisis-2: Promoting governance
07:21
Exercise : IMF debate on corruption in developed and developing countries
00:25
The global challenge of country risk assessment
16:01
The challenges of country risk assessment
8 questions
One or two steps further
00:09
Q&A session
00:03
Section 8: Final session: Course wrap up
16 questions

Throughout this MOOC on the challenges of globalization, one has tackled a wide range of issues, both social, economic, geopolitical  and financial, and also environmental. Clearly, globalization is not a cure-for-all, but it is not either a sort of evil and scape goat for national weaknesses and institutional deficiencies. Let’s wrap up and test what you have assimilated so far. 

 

Wrap up time: Post your team report (3 oct.)
00:58
Section 9: ADDITIONAL- A polarized debate: the pros and cons of globalization
Additional resources for the bravest
00:29
11:09

This is debate week. Watch the various videos discussing the pro and cons of Globalization. Get prepared to lively debate on the blog.

For globalization -The neo-classical approach
12:55
07:07

  • For Suzhou students: http://v.youku.com/v_show/id_XNTg4MjcwODIw.html
  • Against globalization - the Marxist approach
    11:24
    20:13

    Suggested inputs and food for thought:

    06:19

    description

    Globalization's pitfalls: 8-10 mns with Joseph (Stiglitz)
    48:27
    Six minutes with Paul (Krugman)
    06:40
    2 min challenge
    7 questions
    Section 10: ADDITIONAL- The challenge of global warming and sustainability
    29 pages

    Group 4@Raleigh published in blog an interesting post with the link to a quizz about global warming.

    Here is the link : http://environment.nationalgeographic.com/environment/global-warming/quiz-global-warming/

    Introducing Global Warming
    16:08
    Do you know your global warming?
    8 questions
    One or two steps further
    00:06
    Section 11: ADDITIONAL- The challenge of global offshoring
    17:36


    One or two steps further
    00:02
    Correction
    00:00

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    Instructor Biography

    Michel-Henry Bouchet, Professor - SKEMA Business School

    Dr. Bouchet is Distinguished Professor at SKEMA as well as Chief Strategist of North Sea-GEM. He has held high-level positions in international banking (BNP, World Bank, ING, and CEO of Owen Stanley Financial). He graduated in Economics from Paris-X and from IEP-Paris, with Master and Ph.D. from USC, Columbia, USA.

    Instructor Biography

    Doctor in Education Sciences, she is the Mooc designer. Associate professor of Knowledge Management at SKEMA Business School since 2002. Previously, Mélanie was Human Resources Manager at Marks and Spencer.

    Instructor Biography

    Dr. Donmez holds a BSc. in Mechanical Engineering, an MBA, an MSc. in Industrial Product Design and an MSc. in Research. After having worked in product development and information technologies companies, he earned his PhD degree in Management Science from SKEMA Business School and Aix-Marseille University.

    Instructor Biography

    Anke Middelmann is a permanent member of the Skema faculty, where she is responsible for  multicultural management.  She has an international background, having lived, worked and studied in Germany, the UK, Belgium, the United States and France. Her professional experience has seen her work for the Commission of the European Union in Brussels, Washington, DC, and the United Kingdom.  She also works as a multicultural trainer and facilitator with international companies, for whom she provides training on a variety of international and multicultural aspects. 

    Instructor Biography

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