BUSI 4717 A
Managing Globalization in Emerging Economies
Fall 2012
INSTRUCTOR: Moses N. Kiggundu
OFFICE: 911 DT
CLASS HOURS: Thursday 11:30-2:25
CLASSROOM; TBA
OFFICE HOURS: Monday: 3-4; Thursday 3:00-4:00 and by appointment.
EMAIL: moses_kiggundu@carleton.ca
TELEPHONE NUMBER: 613-520-2380
TEACHING ASSISTANT: (TBA)
NAME:
OFFICE:
OFFICE HOURS:
OTHER CONTACTS:
COURSE DESCRIPTION AND PREREQUISITES:
Critical examination of the managerial and institutional issues of globalization from the
perspectives of emerging economies. Indigenous and international institutions’ role in the
evolution of a competitive and inclusive global economy and society. Discerning lessons of
experience for newly globalizing societies.
Preclude additional credit for BUSI BUSI 4902 (taken in the academic year of 20002 (taken
in the academic year of 2002-2003, 2003-2004, and 2004-2005).
Prerequisites: Fourth year standing in B.Com, BIB, or Minor in Business: ECON 1000.
Lectures three hours a week.
The School of Business enforces all prerequisites
THEME: Doing Business with Emerging Economies: Opportunities for Canadians.
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Learning Objectives:
1. Identify and discuss key attributes of emerging economies, their evolution and growing
importance and interdependence with the global economy and global society.
2. Identify key socio-economic, industrial and governance profiles and characteristics of
emerging economies and associated potential business or development opportunities for
Canadians.
3. Assess current bilateral relationships between Canada and selected emerging economies
and identify potential areas for greater cooperation and partnership in areas such as trade,
investment, development, diplomacy and migration. 1
4. Drawing on empirically available assessment tools, indicators, databases and other
sources identify and discuss challenges and obstacles and how to overcome them when
doing business or development between Canada and selected emerging economies.
5. Prepare and present a business plan or project proposal for a selected emerging economy
with specifically identified Canadian audience (s): business, organization, institution,
government, non-profit, community, etc.
6. Develop and professionally demonstrate practical communications and presentation
skills, including poster class presentation to external audiences, and in-class individual
and group presentations.
7. Develop and demonstrate a global and caring mindset about the consequences of
underdevelopment, poverty and growing inequality within emerging economies and
globally, and propose practical, effective and sustainable and inclusive solutions.
NOTE: Exchange and international students are welcome in this course and
are considered a valuable resource for the benefit of us all.
COURSE FORMAT
Various methods will be used during the semester: lectures, case analysis and
discussions, critical discussions of assigned readings, student case presentations and
discussions, stories, current events relevant to the course, videos, guests and
professionally prepared posters. Students must read all assigned readings and come to
class prepared to engage in informed discussions. Students are also encouraged to bring
to class own international and intercultural experiences as may be relevant for class
discussions. Those with personal or professional EE/LDC experiences are very much
encouraged to share their perspectives with all others in the course.
Select an Emerging Economy of Interest within a Region
Every student taking this course for credit is required to select one emerging economy
from a list to be provided in class. This may be a country or economy of personal or
professional interest, knowledge or experience. It may be the student’s native country,
family ancestry, or a country where the student has lived, worked or visited, or it may be
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Exchange and international students may be allowed to work with own passport countries.
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a country of professional interest or curiosity. The country selected should have
significance by its active participation or lack thereof in the globalization process. The
selected country will be used as a point of reference and guidepost for class discussions,
assignments and examinations. No two or more students will be allowed to select the
same economy.
Students are required to make their choices and make them known to the Professor
by the end of the first day of class.
Groups: Students are required to form groups of FOUR for purposes of
undertaking required group work for this course (see grading scheme below). Each
group is required to demonstrate INTERNAL DIVERSITY among members
(DETAILS IN CLASS).
POSTER CLASS PRESENTATION
Each student taking this course for credit is required to prepare a poster
presentation of the Business Plan based on a selected emerging economy for
identified Canadian business or other organizations (detailed will be provided in
class).
EVERY STUDENT IS REQUIRED TO ATTEND AND PRESENT AT THE
POSTER CLASS, SCHEDULED FOR NOVEMBER 15, 2012.
Required Readings:
There is no designated Textbook. Instead, specific readings are assigned for each class
and topic, and additional readings, references and databases will be recommended for
different learning objectives and Selected Emerging Economies.
Readings, assessment tools, databases, case studies, etc. assigned for this course should
be readily available online or in the University Library, otherwise additional information
will be provided in class or posted on the University learning board.
NB: Students unable to access any of the assigned readings must contact the TA or the
Professor immediately.
In the past, students have found this book useful background reading with useful concepts
and illustrative case studies: Tarun Khanna and Krishna G. Palepu (2010). Winning in
Emerging Markets: A Road Map for Strategy and Execution. Harvard Business Press,
Boston, Massachusetts, USA (ISBN 978-1-4221-6695; HF1008 p 35 2010).
http://winninginemergingmarkets.com
Grading Scheme and Learning Objectives:
(Intended to assess what the students know (knowledge); what the students can do
(applications), and what the students care about (global and caring mindset).
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1. In-class Active and Informed Individual Participation
Based on demonstrated knowledge, applications of the Learning Objectives
including a caring global mindset …………………………………………...10%
2. Assignment 1: Assessing Learning Objectives 1, 2, and 3 (Due Oct 04, 2012,
beginning of Class)……………………….…………………………………15%
3. Midterm Examination: Focused on Learning Objectives 3, 5 and 7 plus assigned
readings and class discussions. Will include a Take-Home Question. Scheduled
for (October 18, 2012………………..…………………………………..…..15%
4. Poster Class Preparation and Presentation: Focused on Learning Objectives 3,
5, and 6. Presentation Date: November 15, 2012 during class. More details will
be provided in class……………………………..……………………………20%
5. Individual Term Paper: Based on Doing Business in Selected Emerging
Economy: Overcoming Challenges and Proposing effective practical solutions;
learning objectives 4, 5, 6, & 7. Due December 3, 2012…….…………… 15%
6. Group work:
6.1 In-class Group Presentations (Nov 22, Nov 29)………………………10%
6.2 Group Written Report: Synthesis, Analysis and Problem Solving based on
Individual Term Paper research and findings: Group and Individual Written
Reports Due December, 3, 2012………………………………………..15%
---------------------------------------------------------------------------------------------Total……………………………………………………………………………….100%
NOTE:
1. Students MUST participate in ALL items of the Grading Scheme in order to
get a passing grade. Failure to do so will result in failing the Course.
2. Students are advised to observe all applicable provisions of the Copyright
Act and relevant University policies, procedures and code of conduct,
including those governing plagiarism.
3. According to the University Calendar, December 3, 2012 is the last day for
handing in term work and the last day that can be specified by a course instructor
as a due date for term work for Fall term courses.
.
Class Attendance and Participation: Attendance in this class is mandatory.
Students are required to come to class on time. The Professor reserves the right to take
attendance records at randomly selected classes. Any student who is unable to come to
class must inform the Professor before class or as soon after as possible. In addition to
physical presence, the course requires each student to come to class prepared to actively
engage in the discussions of the day. Students are required to have read all assigned
readings before coming to class and must come prepared to make contributions especially
in areas where they feel particularly knowledgeable or feel strongly about such as the
Selected Emerging Economy and corresponding Canadian business or other audiences.
Assessment of participation is based on knowledge of the Learning Objectives as
specified above. The Poster Class (scheduled for November 15, 2012) provides students
with additional opportunity to demonstrate effective professional communication on a
topic of personal interest.
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NB: Students with special needs or concerns should see the Professor very early in
the term during office hours.
To make it easier for the Professor to recognize you in-class contributions, Please place a
name tag as you’re known in the official class list on the desk or use a nametag.
Group, In-Class Case Analysis, Presentation and Discussion:
Important information about group work is available at:
http://sprott.carleton.ca/academic_programs/groupwork.
IMPORTANT NOTES ON EVALUATION:
1. If you’re not sure how your work will be evaluated on any aspect of the Grading
Scheme, please consult the Professor for clarification.
2. All students are expected to be personally present for all grading assignments
(tests, examinations, presentations, etc.). Failure to attend will result in a grade
of zero. Students with legitimate reasons must report immediately their absence to
the appropriate authorities (Registrar’s Office in case of University Exams).
3. English is the medium of instruction: Both spoken and written work will be
judged on content as well as grammar, style, organization, formatting and
presentation. For further details, consult “Paper Formatting & Documentation
Guidelines”: http://sprott.carleton.ca/academic_programs/index.htm. Click on
“Useful Links” then “Paper Writing Guidelines”
4. Supplemental and grade raising exams are not available for this course.
5. Students must record, double check and observe all due dates.
6. If Group Assignments include peer evaluations, details will be given in class.
7. If circumstances change some aspects of the Course and Grading Scheme may be
changed and students will be notified as soon as possible.
SUMMARY OF COURSE TOPICS AND STRUCTURE
1: INTRODUCTION: Emerging Economies and the Global Economy and Global Society
Sept 06: Emerging Economies in the Context of Globalization
Sept 13: Profile and Characteristics of Emerging Economies
Sept 20: Survey of Select Assessment Tools, Indicators and Databases for Emerging Economies.
Library Presentation.
11: Emerging Economies: Opportunities for Canadians
Sept 27: Canadian Economy and Society: Complementariness with Emerging Economies
Oct 04: Bilateral Relations: Canada and Selected Emerging Economies
Oct11: Creating Business Opportunities with Selected Emerging Economies for Canadians
Oct 18: Midterm Exam
111: Doing Business in Emerging Economies: Overcoming Challenges and Obstacles
Oct 25: Underdevelopment, Poverty and Growing Inequality
1V: Business Plan Development and Professional Development
Nov. 1: Poster Class Preparations: Practice, Professional Coaching and Feedback
Nov 8: Looking Ahead: Overcoming Challenges and Making Progress.
Nov 15: Poster Class Presentation: External Audience
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Nov 22 & Nov 29: Inn-class Group Presentations
Dec 03: Hand in Individual and Group Presentations
Class Schedule: Topics, Assigned Readings and Activities:
1. Introduction: Emerging Economies and the Global Economy and Global Society
Sept 06: Emerging Economies in the Context of Globalization: Attributes, Evolution, Growing
Importance, Interdependence.
Read:
1. The World in 2050: Impact of Emerging Economies’ (E7) Growth.
http://www.pwc.com/gx/en/world-2050/index.jhtml
2. Why the Tail Wags the Dog: Emerging Economies now have Greater Heft on Many
Measures than Developed Ones. The Economist August 6, 2012, p.66.
http://www.economist.com/node/21525373
Activities: 1. Finalize individual choices of Selected Emerging Economy (SEE); Form Groups.
2.Register with, e.g. Google Alert or Economy Watch : www.economywatch.com for
daily news and information about the global economy, your own Selected Economy, and
world economic/business indicators.
Sept 13: Profile and Characteristics of Emerging Economies; Focus on Selected Emerging
Economies.
Read:
1. World Bank. Atlas of Global Development or eAtlas of Global Development: Available
online: http://data.worldbank.org/products/data-visualization-tools/eatlas (Navigate:
choose Topics, Region, Country, Indicators)
www.data.worldbank.org/atlas-global
2. World Bank. The Global citizen’s Handbook: Facing Our World’s Crises and
Challenges. Available online, University Library or at www.harpercollins.com
 Classifications of emerging economies by income, economic growth & opportunity,
poverty, inequality, population, life expectancy, MDGs, and other indicators of
development.
3. KPMG: Managing Change and Cultivating Opportunity and 2012 Change Readiness
Index. KPMG International, available www.kpmg.com/ids.
(Permission granted)
Activity: Begin to build and make sense of the profile of your SEE; compare with own Group’s
SEEs and others.
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Sept. 20: Survey of Select Assessment Tools, Indicators and Databases for Emerging Economies
1. Database References for Indicators and Assessment Tools:
 KPMG Change Readiness Index (as above)
 World Bank’s Doing Business in…(www.doingbusiness.org ): various years
(country data), and www.enterprisesurveys.org (Company data)
 World Economic Forum’s Global Competitiveness Reports GCRs): Various
years www.weforum.org/issues/global-competitiveness/index.htm
 UNDP’s Human Development Index (HDI)
 The Legatum Prosperity Index: www.prosperity.com
 Transparency International’s CPI; Bribes Payer Index. www.transparency.org
 Africa Capacity Indicators Report (ACI): 2011-12: www.acbf-pact.org
 Other indicators and databases as may be appropriate for SEEs.
Read:
1. Moses N. Kiggundu and Aareni Uruthirapathy. Canada’s global and business
competitiveness: competition policy reform in a changing world. Competitiveness
Review: An International Business Journal; Vol. 20 No.4, 2010: 288-304. Available from
the first author. (Includes data on global and business competitiveness: Canada, China,
India, etc).
2. Ernst & Young. African Mining Investment Survey 2011. Available:
http://www.ey.com/Publication/uwLUAssets/African_Mining_Investment_Environmentsurvey.pdf (Includes data on Doing Business)
Activity:
 Detailed Analysis of the three sub-indices of the 2012 Change Readiness Index:
1. Economic Capabilities (Macro-framework; Education policies; Innovation policies;
Infrastructure policies; Investment Climate)
2. Governance/Institutional Capabilities (Quality of public administration; Political
leadership; Regulatory institutions; Government-business relations), and
3. Social Capabilities (Literacy; Entrepreneurship; Social support networks; Equity).
4. Compare, contrast and draw out lessons with other indicators (e.g. DB, GCR, HDI).

Library presentation on Sources of information on Emerging Economies.
11: EMERGING ECONOMIES: OPPORTUNITIES FOR CANADIANS
Sept 27: Canadian Economy and Society: Complementariness with Emerging Economies.
Read:
1. Information on the Canadian Economy and Society is available on various Government
of Canada and other websites such as:
 Gary Rabbior (Revised Edition). The Canadian Economy: The Big Picture;
Canadian Foundation for Economic Education: www.cfee.org/en/pdf/bigpicture.pdf
 Canadian Society: Facts and figures. Government of Canada:
http://canada.gc.ca/canada/viewCategory.htm?

Department of Foreign Affairs and International Trade; DFAIT: www.gc.dfait-aecicanadiana.ca/view/ooe.b341347E_003
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
Industry Canada (www.gc.ic.ca), Statistics Canada (www.statcan.ca, also see ESTAT www.estat.statcan.ca …an interactive tool about society and the economy in
Canada.

Other departments: Finance, Treasury Board; Citizenship and Immigration, and
Canada Border Services.

Also see the CIA World-Factbook: http://www.gov/library/publications/the-worldfactbook/...ca.ht..
Activity: Identify attributes of Canadian economy and society most aligned with the needs,
opportunities and development challenges of emerging Economies, focusing on individual and
Group Selected Emerging Economies (SEEs).
Oct 04: Matching Emerging Economies Profiles with Innovative Business Opportunities for
Canadians.
 Assignment 1 due beginning of class
Read:
1.Nathan T. Washburn and Tom Hunsaker. Finding Greater Ideas in Emerging Markets:
Why Your Managers Should Double as Scouts. Harvard Business Review, September
2011: 115-120. Available online and in the University Library.
2. Atanu Chaudhuri, Craig Giff, Kumar Kardaswami, and Shalabh Kumar Singh. Necessity
Breeds Opportunity: Constraints, Innovation and Competitive Advantage (TATA Motor
Company and the Nano car). Deloitte Review: www.deloitte.com/assets/DcomSouthAfrica/Local%20Assets/Documents/Necessity%20Breeds20Opportunity.pdf
Also available at: www.iim.academia.edu/Atanuchaudhuri/1030893/Necessity_Breeds
3. The Conference Board. Ronald E. Berenbeim and Mallika Shakya. Integrating
developing countries into the global supply chain. August, 2011. Permission requested.
(www.conference-board.org/publications/publicationdetail...
.
NB: Additional contemporary short case studies and media stories will be provided.
Activity: Present a written draft business plan for your Selected Economy and Intended Canadian
business organization or other audience (s).
Oct 11: Bilateral Relations: Canada and Emerging Economies (Trade, Investment, Development,
Diplomacy, and Migration)
Read:
1. Refer to Government of Canada sources as above
2. Visit your Selected Economy’s government or regional trade bloc (e.g. ASEAN),
regional development bank (e.g. ADB, AfDB) websites
3. Visit UN and international organizations’ websites:
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


Investment (FDI); UNCTAD, See World Investment Report,
www.unctad.org/en/PublicationsLibrary/wir2012 or previous years; World Bank, IMF
Trade: WTO; www.wto.org. World Bank, Regional Development Banks, regional blocs
Migration: International Organization for Migration www.iom.org
Employment: International Labour Organization: www.ilo.org
Activity: With additional information obtained, assess the quality of the bilateral relationship
between Canada and your Selected Emerging Economy. Identify opportunities for business,
development or migration, and areas for improved cooperation. Compare with bilateral
relationships for other Emerging Economies in your Group.
Oct 18: Midterm Exam (See Grading Scheme above)
1V: Doing Business in Emerging Economies: Overcoming Challenges and Obstacles
Oct 25: Underdevelopment, Poverty and Growing Inequality: Towards a Just, More Equitable and
Inclusive Global Society.
Read:
1. M.N. Kiggundu (2012). Antipoverty and Progressive Social Change in Brazil: Lessons
for Other Emerging Economies. International Review of Administrative Sciences (IRAS).
In Press. Copies will be made available in class
2. Combating Poverty and Inequality: Structural Change, Social Policy and Politics. United
Nations Research Institute for Social Development, Geneva, 2010, UN9RIS 2010.C56
ENG. Available in the University Library and online (www.unrisd.org/ (Use as reference
material).
Activity:
Drawing from the two readings above, discuss the consequences of underdevelopment, poverty
and inequality as they relate to emerging economies in general, and your Selected Emerging
Economy in particular. Compare with members of your Group. Provide practical, effective and
sustainable solutions to overcome these challenges.
V: BUSINESS PLAN DEVELOPMENT AND PROFESSIONAL PRESENTATIONS
Nov. 01: Poster Class Presentations: Practice, Professional Couching and Feedback.
Students come prepared to make short presentations of their Posters (Details in Class).
Readings and Instructions for this part of the Course will be provided in Class
Nov 08: Overcoming Challenges and Making Progress: Canadian Examples of Contemporary
Case Studies and Current Media Stories.
Read:
 SNC-Lavalin 2012 North African Story.
 China’s CNOOC’s bid for Canada’s Nexen
 Canadian Mining Companies in Africa and South America: Opportunities and Obstacles
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Nov 15: POSTER CLASS PRESENTATIONS: REQUIRED FOR ALL STUDENTS TAKING
THE COURSE FOR CREDIT.
Nov: 22 and Nov 29: In-Class Group Projects Presentations
December 03: Individual and Group Written Reports Due.
IMPORTANT ADDITIONAL INFORMATION
Required calculator in BUSI course examinations
If you are purchasing a calculator, we recommend any one of the following options: Texas
Instruments BA II Plus (including Pro Model), Hewlett Packard HP 12C (including Platinum
model), Staples Financial Calculator, Sharp EL-738C & Hewlett Packard HP 10bII
Group work
The Sprott School of Business encourages group assignments in the school for several reasons.
They provide you with opportunities to develop and enhance interpersonal, communication,
leadership, follower-ship and other group skills. Group assignments are also good for learning
integrative skills for putting together a complex task. Your professor may assign one or more
group tasks/assignments/projects in this course. Before embarking on a specific problem as a
group, it is your responsibility to ensure that the problem is meant to be a group assignment
and not an individual one.
Medical certificate
Please note that in all occasions that call for a medical certificate you must use or furnish the
information demanded in the standard university form.
http://www2.carleton.ca/registrar/forms/
Persons with disabilities
Students with disabilities requiring academic accommodations in this course must register with the Paul
Menton Centre for Students with Disabilities (PMC) for a formal evaluation of disability-related needs.
Documented disabilities could include but are not limited to mobility/physical impairments, specific
Learning Disabilities (LD), psychiatric/psychological disabilities, sensory disabilities, Attention Deficit
Hyperactivity Disorder (ADHD), and chronic medical conditions. Registered PMC students are required to
contact the PMC, 613-520-6608, every term to ensure that I receive your Letter of Accommodation, no
later than two weeks before the first assignment is due or the first in-class test/midterm requiring
accommodations. If you only require accommodations for your formally scheduled exam(s) in this course,
please submit your request for accommodations to PMC by the deadlines published on the PMC website.
Religious observance
Students requesting academic accommodation on the basis of religious observance should make a formal,
written request to their instructors for alternate dates and/or means of satisfying academic requirements.
Such requests should be made during the first two weeks of class, or as soon as possible after the need for
accommodation is known to exist, but no later than two weeks before the compulsory academic event.
Accommodation is to be worked out directly and on an individual basis between the student and the
instructor(s) involved. Instructors will make accommodations in a way that avoids academic disadvantage
to the student. Students or instructors who have questions or want to confirm accommodation eligibility of
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a religious event or practice may refer to the Equity Services website for a list of holy days and Carleton's
Academic Accommodation policies, or may contact an Equity Services Advisor in the Equity Services
Department for assistance.
Pregnancy
Pregnant students requiring academic accommodations are encouraged to contact an Equity
Advisor in Equity Services to complete a letter of accommodation. The student must then make
an appointment to discuss her needs with the instructor at least two weeks prior to the first
academic event in which it is anticipated the accommodation will be required.
Plagiarism
The University Senate defines plagiarism in the regulations on instructional offenses as: "to use
and pass off as one's own idea or product work of another without expressly giving credit to
another."
Borrowing someone else's answers, unauthorized possession of tests or answers to tests, or
possession of material designed in answering exam questions, are also subject to university
policy regarding instructional offences. For more information on Carleton University's Academic
Integrity Policy, consult:
http://www1.carleton.ca/studentaffairs/academic-integrity/
Important Dates & Deadlines - Fall Term 2012
September 1, 2012

Last day for receipt of applications from potential fall (November) graduates.
September 3, 2012

Statutory holiday, University closed.
September 4, 2012

Fall term begins.
September 4-5, 2012

Academic Orientation. All students are expected to be on campus. Class and laboratory
preparations departmental introductions for students and other academic preparation activities will
be held.
September 5, 2012

Orientation for Teaching Assistants.
September 6, 2012

Fall and fall/winter classes begin.
September 19, 2012
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Last day for registration.
Last day to change courses or sections for fall/winter and fall term courses.
September 30, 2012


Last day to withdraw from fall term and fall/winter courses with a full fee adjustment.
Last day for receipt of applications for review of final grades in summer term courses.
September 28-29, 2012

Summer deferred final examinations to be written.
October 5, 2012


University Day at Carleton. Undergraduate classes suspended.
December examination schedule (fall term final and fall/winter mid-terms) available online.
October 8, 2012

Statutory holiday, University closed.
October 15, 2012

Last day for receipt of applications for admission to a degree program for the 2013 winter term
from applicants whose documents originate from outside Canada or the United States.
November 9, 2012

Last day to submit, to the Paul Menton Centre for Students with Disabilities, Formal Examination
Accommodation Forms for December examinations.
November 15, 2012

Last day for receipt of applications for admission to a degree program for the winter term.
November 19, 2012

Last day for tests or examinations in courses below the 4000-level before the final examination
period (see Examination Regulations in the Academic Regulations of the University section of this
Calendar).
December 1, 2012

Last day for receipt of applications from potential winter (February) graduates.
December 3 (Monday), 2012



Fall term ends.
Last day of fall-term classes.
Last day for academic withdrawal from fall term courses
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Last day for handing in term work and the last day that can be specified by a course instructor as a
due date for term work for fall term courses.
Last day for receipt of applications for degree program transfers for winter term.
Last day for receipt of applications for admission to a degree program for the 2013 winter term.
December 4-5, 2012

No classes take place.
December 5, 2012

Last day for receipt of applications for degree program transfers for winter term.
December 6-19, 2012

Final examinations in fall term courses and mid-term examinations in fall/winter courses may be
held. Examinations are normally held in the day and evening during the Monday to Saturday
period .In exceptional circumstances, it may be necessary to schedule an examination on a
Sunday.
December 16, 2012

Fall Co-op Work Term Reports due.
December 20, 2012

All take home examinations are due.
December 24, 2012 to January 1, 2013

University closed.
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