Department of International Economics, Government and Business
EGB: ‘.. where business meets politics..’
The Department of International Economics, Government and Business (EGB) brings together the study of states, markets, and international firms in the context of the challenges faced by emerging and advanced economies. EGB’s research is based in international business, economics, and politics, and is of direct relevance to individuals, business, policy-makers, and scholars. Within this framework, the department has three principal areas of focus:
- States and markets
The relationship between states, and markets – the prime forces that shape the character of the national and international economy – is pivotal. Government sets the institutional framework within which firms’ market and non-market strategies are devised while these strategies, in turn, influence policy-making processes. EGB analyses the different ideas, interests, and institutions that shape the making and implementation of public policy, the impact of the institutions and structures that mediate between markets and states, and the character of subsequent policy outcomes, including the impact on societies and the public.
- Firms and International Business
Firms are the key actors in national and global markets. EGB research focuses on the activities, organisation, strategies, and decision-making processes adopted by multinational enterprises in meeting the opportunities and threats that arise from navigating increasingly globalized markets. These themes are addressed through studies of the ways in which firms interact with each other while adapting to and shaping their external environment.
- Societal challenges
EGB assesses the ways in which states and international firms in emerging markets and advanced economies respond to challenges such as inequality, market uncertainties, changes to FDI, trade conflicts, ideological shifts, and the increasing volatility of governance structures at regional, national and global levels. It thus considers contemporary developments and processes in and across countries in Asia, Europe, the Americas and Africa as well as the role played by supra-national institutions such as EU and the World Trade Organisation. Our focus is on how states and international firms are shaped by and shape the wider society they operate in.
EGB’s teaching takes place across CBS in the areas of international economics, government and business and addresses the challenges faced by firms, markets and states in a fast-changing world. Departmental faculty direct a range of programs: BSc and MSc International Business (IB and IBS), BSc and MSc International Business & Politics (IBP), International Business in Asia (IBA) and the graduate diploma program (HD) in International Business. In all its teaching work, the department is committed to participative, flexible and blended forms of learning that are of direct relevance to students and CBS’s other stakeholders.