The Global Business Environment

Meeting the Challenges, third edition

by Janet Morrison

Chapter 9 resources

Student materials

Learning objectives:

  1. To gain an overview of the evolving structures and processes that make up the international financial system, including the extent and implications of financial globalization for international business
  2. To analyse the ways in which shifting patterns of global finance have impacted in diverse economic environments, including developed, industrializing and developing countries
  3. To appreciate the causes of financial crisis, and the means by which regulation can stabilize financial markets

Additional case studies:

New era of the flexible friend in Asia
As Asian consumer societies continue to grow, this case study provides background on the pitfalls of rapid expansion of consumer credit. It is relevant to Chapters 6, and also Chapter 9 (on finance) and Chapter 12 (on ethics and CSR).

New start for South Korea’s Daewoo
This case study concerns the acquisition of a majority stake in Daewoo by General Motors of the US. It is relevant mainly to Chapter 9, but also Chapters 2, 3 and 5.

Argentina tests international financial institutions
Argentina’s debt woes are highlighted in this case study, which is relevant to issues of sovereign debt in general. It relates to Chapter 9.

The lessons of financial crisis in Indonesia
The Asian financial crisis still provides lessons for institutions such as the IMF in dealing with financial crisis. This case study relates to Chapter 9.