Department of International Economics, Government and Business
EGB: ‘.. where business meets politics..’
The Department of International Economics, Government and Business (EGB) specialises in studies of states, markets, and firms in the context of societal challenges faced by emerging and advanced economies. EGB’s research is based in international business, economics and politics, and is of direct relevance to business, policy-makers, and the public in the form of policies and strategies dealing with societal challenges.
Within this framework, the department has three principal areas of focus:
- Societal challenges
EGB assesses the ways in which states, markets, and international firms respond to contemporary challenges such as inequality, trade conflicts, FDI flows, governance issues, ideological shifts, migration, sustainability, and technological disruption. Both challenges and responses vary across states, regions, markets, sectors, and social contexts. Much of EGB’s research is therefore contextualised to take into account the political and socio-economic conditions of specific geographical regions or countries, the stages of firms’ internationalisation processes, and related factors shaping the behaviour and responses of policy-makers, market actors, and other stakeholders. EGB projects cover research in Europe, Asia, the Americas and Africa.
- States and markets
The relationship between states and markets – the prime forces that shape the character of the national and international economy – is pivotal. Governments and supra-national institutions set the institutional framework within which firms’ market and non-market strategies are devised, while firm strategies, in turn, influence public policies. EGB research analyses the different ideas, interests, and institutions that shape the making and implementation of public policy. EGB also addresses the role and impact of the actors and institutions that mediate between states and markets, the character of subsequent policy outcomes, and their impact on societies and the public.
- Firms and International Business
Firms are the key actors in national, international, and global markets. EGB research focuses on international firms’ strategies, cross-border investments and activities, organisational structures and decision-making processes in meeting societal challenges, changing competitive landscapes, and government and market institutions. These themes are addressed through studies of the ways in which firms interact with each other and with governments, while adapting to and shaping their institutional and social environments.
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.