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Regionalisation Trends in International Economy

Study Course Description

Course Description Statuss:Approved
Course Description Version:7.00
Study Course Accepted:05.03.2024 12:16:45
Study Course Information
Course Code:SBUEK_134LQF level:Level 6
Credit Points:3.00ECTS:4.50
Branch of Science:Management; Business ManagementTarget Audience:Business Management
Study Course Supervisor
Course Supervisor:Romāns Putāns
Study Course Implementer
Structural Unit:Faculty of Social Sciences
The Head of Structural Unit:
Contacts:Dzirciema street 16, Rīga, szfatrsu[pnkts]lv
Study Course Planning
Full-Time - Semester No.1
Lectures (count)7Lecture Length (academic hours)2Total Contact Hours of Lectures14
Classes (count)7Class Length (academic hours)2Total Contact Hours of Classes14
Total Contact Hours28
Part-Time - Semester No.1
Lectures (count)4Lecture Length (academic hours)2Total Contact Hours of Lectures8
Classes (count)5Class Length (academic hours)2Total Contact Hours of Classes10
Total Contact Hours18
Study course description
Preliminary Knowledge:
Knowledge of the basics of economics, basic knowledge of international business and basic knowledge of international relations.
Objective:
The objective of the course is to provide students with knowledge of regionalisation trends in the international economy, paying special attention to the motives of formation of regional economic blocs, their development, impact on international business relations and cooperation of market participants.
Topic Layout (Full-Time)
No.TopicType of ImplementationNumberVenue
1Definition of region and regionalisation. Global socio-economic changes. Economic dimensions of regionalisation. From GATT to WTO. Transnational administration of regional blocks. Measuring the efficiency of regional blocks. Analysis of major regional trade blocks. Regional blocks in Europe. Regional blocks in Asia. Regional Blocks in Latin America and North America. Regional blocks in Africa. Intercontinental regional economic relations. Analysis of current economic issues of regionalisation.Lectures7.00auditorium
Classes7.00auditorium
Topic Layout (Part-Time)
No.TopicType of ImplementationNumberVenue
1Definition of region and regionalisation. Global socio-economic changes. Economic dimensions of regionalisation. From GATT to WTO. Transnational administration of regional blocks. Measuring the efficiency of regional blocks. Analysis of major regional trade blocks. Regional blocks in Europe. Regional blocks in Asia. Regional Blocks in Latin America and North America. Regional blocks in Africa. Intercontinental regional economic relations. Analysis of current economic issues of regionalisation.Lectures4.00auditorium
Classes5.00auditorium
Assessment
Unaided Work:
Case studies, group presentations and preparation of a report.
Assessment Criteria:
1. Attendance of seminars, group works – compulsory. 2. Preparation and presentation and giving a report on a practical situation (case study) – 30%. 3. Preparation of a report – 20%. 4. Exam – 50%.
Final Examination (Full-Time):Exam (Written)
Final Examination (Part-Time):Exam (Written)
Learning Outcomes
Knowledge:Understanding of the nature, basic principles, main trends and mechanisms of regionalisation; Understanding of current issues of regionalisation in international economy; Knowledge of key players in the public, private, NGO and supranational sectors in regionalisation processes in international economy.
Skills:Presentations of reports strengthen student ability to reasonably explain and discuss current issues of regionalisation. Group work and discussions improve students’ reasoning and critical thinking skills.
Competencies:Ability to analyse the role and influence of the key players of globalisation in the regionalisation processes in international economy; Ability to identify and analyse the key determinants of regionalisation processes in international economy, as well as analyse the most appropriate international business strategies for them.
Bibliography
No.Reference
Required Reading
1Farrell, M., Hettne, B., Van Langenhove, L. (eds.). Global Politics of Regionalism. Theory and Practice. Pluto Press, London, 2005.
2Schiff, M., Winters, L. A. Regional Integration and Development. The INBRD/The World Bank, 2003.
3Hirata, H., Kose, M. A., Otrok, C. Regionalization vs. Globalization. 2013.
Additional Reading
1Söderbaum, F., Shaw, T. (eds.). Theories of New Regionalism. Palgrave, 2002.
2Telò, M. (ed.). European Union and New Regionalism. Regional Actors and Global Governance in a Post-Hegemonic Era. Ashgate, 2007.
3Van Ewijk, H. European Social Policy and Social Work: Citizenship-Based Social Work (chapters 1-3). Routledge, 2010.
Other Information Sources
1Shujiro, U. Economic Regionalization in East Asia.
2Reutov, V. Global Regionalization as a Way to Counteraction the Global Financial Threats. The Central European Journal of Social Sciences and Humanities. 2013, pp.56-66.