History Class Page
WINTER QUARTER 1999
Discussion Board     Nov 17 Announcements

197N HIST SEM 1: Undergraduate Seminar: The Business of Economic Development
T 03:00P -- 05:50P    BUNCHE 3165
T 03:00P -- 05:50P    ROLFE 3120

Instructor Office Phone Number Email Office Hours
Yeager, Mary A. 7381 Bunche 310 825-3489, 310 825-4601 yeager@ucla.edu Thursday 1:30-3:30

History 197B yeager Syllabus
 Business, Governments and  the International Economy

This seminar is designed to familiarize students with the modern integrated corporation and the environment in which corporations exist and operate:  the changing economic, political and social forces,  and the institutions and policies through which different communities control the activities of business. To understand the role played by business in the processes and outcomes of economic development, it treats the environment as a system that needs to be analyzed holistically over time.  The course assumes that the nation-state remains a useful unit of analysis. Historically,  nations have developed strategies which have been reflected in goals and policies that are defined by governments and subject to historical analysis.  The actions and behavior of national governments have influenced the business environment in various ways over time. It considers the strengths and weaknesses of the comparative method  in understanding the behavior of nations and delineates an alternative, based on an evolving concept of a ‘global economy.’    The term globalization, and the process and consequences of economic integration across national boundaries will be discussed and debated.

The seminar is organized in three parts:  Part I introduces country analysis as a tool for studying national  strategies and various concepts and approaches to economic development.   In the first segment, Constitutions are used to introduce the concept of national economic strategies.  The second segment explores the evolution of economic policy in the United States.  This case frames the contexts for discussions about particular problems.  Next, country analysis is used to explore the high-growth , export oriented strategies of Asia and the import-substitution and structure adjustment programs that typify Latin America.  Part II begins with several cases of foreign direct investment (Arsarco in Mexico and patrochemicals and CVRD in Brazil; automobiles in Brazil and Mexico).

Next, the course examines the international trading system, from the traditional theory of comparative advantage, through various forms of mercantilism and protectionism , to the current issues of industrial policy and strategic trade theory.    It examines the process and problems of economic integration in several industry-based studies of trade liberalization and NAFTA.

 REQUIREMENTS:  Intelligent, consistent and active participation in disscussion (50% of the total grade).  One 15-20 page research  paper, dealing with a central problem raised by the readings.  The paper topics will be selected by week IV, in consultation with me.

PART I.   NATIONAL STRATEGIES.

Weeks 1-2.   Economic Management

Week I.  Constructing Nations:  The United States

Readings:

Week II. Constructing Constitutions:  Mexico and Brazil

Week III.  Constructing Firms
 
What is a Firm?

Readings:

Weeks 3-6:  Development Strategies: Growth and Structural Adjustment

Week III.  Depressions and Growth Srategies :  The United States and Latin American in the 1930s

 
Week IV.  Japan’s High Growth Strategy
  Readings:

PART II.  GLOBALIZATION

Week  V.  Direct Investment in the United States
 

Week VI.  US Direct Investment in Brazil and Mexico Week VII.  Trade:  Free Trade or Protection:
  Week VIII.  NAFTA
 

Week  IX.  Global Competition
 

Week X:  Paper Outlines

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Updated Jan 15 1999 15:45:03