BUS 4066 MNEs, SMEs & Global Crises
This course examines how the recent global financial and economic crisis has challenged traditional business wisdom. In particular, the course focuses on how the crisis and policies devised to alleviate the crisis have impacted multinational enterprises (MNEs) and small- and medium-sized enterprises (SMEs). The study of the critical role of debt, the special stress suffered by SMEs and their weakening competitive positioning relative to large MNEs, and the need for coordination by central banks and fiscal authorities will enable students to understand how the global economy is integrated and the major challenges faced by international businesses today. Prerequisite:
BUS 3019 or equivalent