This course examines emerging countries in the global economy. Globalization offers these countries the opportunity for economic development. By participating in the international marketplace, emerging countries increase their chances of raising wages and income, accumulating wealth, and reducing poverty. These countries also provide opportunities for companies, mostly from developed countries, to extend their markets. Many emerging countries lack the necessary resources, capacities, and institutions to manage globalization effectively. In this course, students study the institutions in emerging markets that are relevant for managers; explore the differences in the contexts and roles of various actors, such as the government and the NGOs; analyze market opportunities and risks; and examine the strategies of firms dealing with emerging markets.
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