Netherlands, Maastricht

Doing Business in the Emerging Markets of East and Central Europe

when 25 July 2016 - 11 August 2016
duration 3 weeks
credits 6 ECTS
fee EUR 900

This course provides a framework for evaluating the business environment of the emerging markets of Central and Eastern Europe (CEE). This region is rich with a diverse set of ethnic cultures, economic development, and political experiments before and after the fall of the Berlin Wall in 1989. The transition of the CEE economies will also be placed into the larger context of the efforts to create a more integrated European Union. The identification, measurement and mitigation of foreign exchange risk and other country risks will also be addressed.
Topics:
1. Economic Development
2. Institutions
3. Transitioning from Socialist Economy to Capitalist Economy
4. Country Risk Analysis including Foreign Exchange Risk
5. E.U. Integration

Course leader

Brian Davis

Target group

Students will be prepared for this course with an introductory background in economics (first courses in microeconomics and macroeconomics) and a basic understanding of the modern history of Eastern and Central Europe. No advanced or specific methodologies are required.

Course aim

1. Describe the cultural, political, and economic factors that affect a nation’s business environment and select key indicators of country risk and opportunities from the perspective of a U.S. based multinational firm.
2. Explain why some nations are poor and others are rich and how institutions affect economic growth.
3. Describe the causes, policies, and stages of Central and Eastern Europe’s transition from socialist economy to capitalist economy.
4. Design strategies to mitigate foreign exchange risk and other country risks. Compute foreign exchange cash flow conversions.
5. Evaluate the advantages and disadvantages of European integration and participation in the Eurozone.

Fee info

EUR 900: Course fee only.

Scholarships

Not available.