Unit convenor and teaching staff |
Unit convenor and teaching staff
Lisa Magnani
Contact via email
Room 416, 4 Eastern Road
Tuesday 2-4pm
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
130cp at 1000 level or above including ((ECON110 or ECON111 or ECON1020) and (20cp at 2000 level or above))
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit provides an introduction to the patterns of business in East and South-East Asia, and to the key commercial institutions found therein. Unit material covers the entire region, but focuses on the People's Republic of China, South Korea, and Japan as exemplars of the economic characteristics and commercial practices in the region. Topics may include: the Korean chaebol; Chinese gufen and TVEs; management styles and practices; marketing strategies, and key business behaviours; the path to economic development taken by the Asian economies; economic problems faced by the region in the last two decades; problems and opportunities likely to be encountered in decades to come. The unit requires no prior knowledge. It may be useful to business and management students, and also fits well with the set of marketing units offered by the School. |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Late Assessment Submission Penalty (written assessments)
Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical concern.
For any late submissions of time-sensitive tasks, such as scheduled tests/exams, performance assessments/presentations, and/or scheduled practical assessments/labs, students need to submit an application for Special Consideration.
Name | Weighting | Hurdle | Due |
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Presentation | 20% | No | Week 8-Week 13, starting from September 29th. |
Country Analysis | 20% | No | Due at the end of Week 13, November 6 2022, 11.59pm |
Online Mid-session test | 20% | No | Week 7, Thursday September 8 |
Online final examination | 40% | No | During University Exam period, date TBC |
Assessment Type 1: Presentation
Indicative Time on Task 2: 12 hours
Due: Week 8-Week 13, starting from September 29th.
Weighting: 20%
Students will use their Report and research to make an Oral Presentation after the mid-session break. This will be worth 15%. The remaining 5% of marks are derived from student Q & A. This Presentation is pre-recorded and uploaded to iLearn.
Assessment Type 1: Report
Indicative Time on Task 2: 20 hours
Due: Due at the end of Week 13, November 6 2022, 11.59pm
Weighting: 20%
Students will write a 1,500 word submission on a selected topic.
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 8 hours
Due: Week 7, Thursday September 8
Weighting: 20%
A 60 minute open-book Class Test, comprising short and long answer questions, will be held mid session. The examination will be administered via iLearn.
Assessment Type 1: Examination
Indicative Time on Task 2: 20 hours
Due: During University Exam period, date TBC
Weighting: 40%
A two-hour open-book examination, comprising short and long answer questions, will be held during the University Examination Period. The examination will be administered online.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Students will have access to a one-hour recorded material (video and the related PowerPoint slides) prior to the one-hour online weekly lecture, to be held via zoom. Students are strongly encouraged to review this recorded material prior to the one-hour lecture every week. There will also be a one-hour tutorial in the Students' allocated tutorial time. Tutorial attendance is compulsory as part of the assessment is scheduled during tutorials. Further details will be provided on this unit's iLearn page.
There is no prescribed textbook for this unit, but rather a list of essential readings, which will be accessible online.
This unit is organised in three parts. Part I provides some theoretical insights and broad historical/institutional elements to critically discuss the insurgence of global crises in the context of the Asian contemporary capitalist development. We then go on with Part II where we contextualise these global challenges in relation to the specific contingencies as they have emerged in four key Asian countries, namely Vietnam, China, India and Japan. In Part III, we return to some broad reflections on capitalism and crises at the light of what we have learnt about these global challenges and they way these national contexts have tried to address these global crises. This discussion will offer insights about the economic and business environments in these key Asian contexts.
Part I
Week 1 Starting on July 25 |
Global Challenges in context: capitalism and crises Robinson, W. I. (2014). Global capitalism and the crisis of humanity. Cambridge University Press. Chapter 1 (Global Capital and Global Labour) Global Challenges in the Asian context https://www.iias.asia/the-newsletter/article/rethinking-asia-21st-century https://www.europeanbusinessreview.eu/page.asp?pid=2418 https://www.schroders.com/en/insights/economics/the-four-ms-why-the-21st-century-belongs-to-asia/ Understanding crises in the economics context: |
Week 2 starting on August 1 |
The Demographic Global Challenge Hester, H. (2018). Care under capitalism: The crisis of “women's work”. IPPR progressive review, 24(4), 343-352. Sardak, S., Korneyev, M., Dzhyndzhoian, V., Fedotova, T., & Tryfonova, O. (2018). Current trends in global demographic processes. Problems and Perspectives in Management, 16(1), 48-57. Population ageing and the challenges it poses:
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Week 3 starting on August 8 |
The Ecology and Energy Global Challenge Howes, S. and P. Wyrwoll (2012), ‘Asia’s Environmental Problems: Common Features, and Possible Solutions’, in Zhang, Y., F. Kimura and S. Oum (eds.), Moving Toward a New Development Model for East Asia- The Role of Domestic Policy and Regional Cooperation. ERIA Research Project Report 2011-10, Jakarta: ERIA. pp.55-120
How can population growth and resources be brought into balance? https://www.millennium-project.org/challenge-3/
How can growing energy demands be met safely and efficiently? https://www.millennium-project.org/challenge-13/
Activity: The Ecological GC The limit to growth model (MIT, 1972)
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Week 4 starting on August 15 |
The Labour and Inequality Global Challenge Jackson, T. (2019). The post-growth challenge: secular stagnation, inequality and the limits to growth. Ecological economics, 156, 236-246.
Huang, B., Morgan, P. J., & Yoshino, N. (2019). Demystifying Rising Inequality in Asia. Asian Development Bank Institute. Chapter 2
Rural/urban inequality
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Week 5 starting on August 22 |
The Global Mode of Production Challenge Gereffi, G. (2018). Global value chains and development: Redefining the contours of 21st century capitalism. Cambridge University Press. Chapter 1 Whittaker, D. H., Zhu, T., Sturgeon, T., Tsai, M. H., & Okita, T. (2010). Compressed development. Studies in Comparative International Development, 45(4), 439-467. Global production and value creation
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Week 6 starting on August 29 |
The Technological Global Challenge Abeliansky, A. L., Algur, E., Bloom, D. E., & Prettner, K. (2020). The future of work: meeting the global challenges of demographic change and automation. International Labour Review, 159(3), 285-306. Benanav, A. (2019). Automation and the Future of Work-I. New Left Review, (119), 5-38. Benanav, A. (2019). Automation and the Future of Work-2. New Left Review, (120), 117-146.
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Week 7 Starting on September 5 |
Mid-session exam: A 60 minute open-book Class Test, comprising short and long answer questions, will be held in Week 7. This exam will cover material from Week 1 to Week 6 included. |
Part II
Week 8 starting on September 26 |
Global Challenges: India |
Week 9 Starting on October 3 |
Global Challenges: China |
Week 10 Starting on October 10 |
Global Challenges: Vietnam |
Week 11 Starting on October 17 |
Global Challenges: Japan |
Part III
Week 12 starting on October 24 |
Crises, Market Regulation and Policy Sen, A. (2009). Capitalism beyond the crisis. New York review of books. Narula, R. (2019). Enforcing higher labor standards within developing country value chains: Consequences for MNEs and informal actors in a dual economy. Journal of International Business Studies, 50(9), 1622-1635. |
Week 13 Starting on November 1 |
Global challenges: crises or opportunities? Gereffi, G. (2018). Global value chains and development: Redefining the contours of 21st century capitalism. Cambridge University Press. Chapter 13 Robinson, W. I. (2014). Global capitalism and the crisis of humanity. Cambridge University Press. Chapter 5 (Policing Global Capitalism).
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Unit information based on version 2022.04 of the Handbook