School of Business and Management

BUSM090 World Economy and Development


1 (2017/18)



Module organiser

Dr Mirela Barbu

Module overview

This module offers a broad overview of the process of economic ‘globalisation’ and changes in international business over time. The focus is on the multinational firm – set in the context of trends in the world economy, with particular emphasis on the period since the 1970s. It provides a critical and comparative perspective on the nature and scope of international business, its origins and development, theories of international trade and its regulation, conceptualisations of international supply chains, and attempts to reform and resist multinationals.


30% coursework and 70% coursework

Indicative reading list


  • Dicken, Peter, 2011, Global Shift: Mapping the Contours of the World Economy, London: Sage
  • Gibbon, Peter and Stefano Ponte 2006, Trading Down: Africa, Value Chains and the Global Economy, Philadelphia: Temple University Press
  • G. Gereffi and M. Korzeniewicz (eds.) 1994, Commodity Chains and Global Capitalism, London: Praeger
  • Glyn, Andrew 2006, Capitalism Unleashed: Finance, Globalization, and Welfare, Oxford: Oxford University Press
  • Ietto-Giles, Grazia 2005, Transnational Corporations and International Production: Concepts, Theories and Effects, Cheltenham: Edward Elgar
  • Jones, Geoffrey 2005, Multinationals and Global Capitalism: From the Nineteenth to the Twenty First Century, Oxford: Oxford University Press
  • Kaplinsky, Raphael 2005, Globalization, Poverty and Inequality: Between a Rock and a Hard Place, Cambridge: Polity
  • Porter, Michael E. 1990, The Competitive Advantage of Nations, Basingstoke: Palgrave
  • Schwartz, Herman M. 2000, States versus Markets: The Emergence of a Global Economy, Basingstoke: Palgrave