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2024/2025  BA-BINBV2302U  Giving Up on Globalization?

English Title
Giving Up on Globalization?

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Bachelor
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 60
Study board
Study Board for BSc in International Business
Course coordinator
  • Edward Ashbee - Department of International Economics, Goverment and Business (EGB)
Main academic disciplines
  • Globalisation and international business
  • International political economy
  • Political Science
Teaching methods
  • Face-to-face teaching
Last updated on 05-02-2024

Relevant links

Learning objectives
At the conclusion of the course a participant should be able to:
  • Evaluate the implications of globalizing and deglobalizing processes for global governance and patterns of economic development
  • Assess the implications of globalizing and deglobalizing processes for firms and business organizations
  • Identify and evaluate the core features of debates about globalization, “deglobalization” and “decoupling”
  • Relate concepts and theories to empirical evidence
  • Construct and sustain coherent and structured arguments in a well-reasoned manner using frameworks, approaches and methods drawn from business studies and the social sciences and based upon an understanding of competing perspectives.
Giving up on Globalization?:
Exam ECTS 7,5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Written assignment
Release of assignment The Assignment is released in Digital Exam (DE) at exam start
Duration 7 days to prepare
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

The examination paper will consist of questions drawn from the syllabus. Sample questions will be published ahead of the exam and considered in an assignment workshop. 

Course content, structure and pedagogical approach

Until recently “globalization” was widely regarded as an established fact. National barriers, it was said, were breaking down. As a consequence, supply chains were increasingly trans-national in character and markets were being homogenized. We became very familiar with the idea of freewheeling capital and labour. Furthermore, it was said, globalization offered immense economic benefits through processes of specialization and trade. It was generally conceded that there were of course losers from globalization but, we were assured, those losses would for the most part be short-lived and localized.


Even before Brexit, the Covid-19 pandemic and the Ukraine war, all of these assertions had begun to look very dated. The downsides and risks attached to globalizing processes have come to the fore. This course considers the extent to which it is still reasonable to talk of “globalization”. It draws upon international political economy (IPE) and international relations (IR) and asks core questions. Is industrial policy back in fashion? Will trade wars become more commonplace? Will data sovereignty and cyber-sovereignty become the new normal? Are economic tensions likely to lead to strategic and military tensions?


Furthermore, what are the consequences for different business sectors? Are firms adopting new hedging strategies? How are they adjusting to new limits on labour mobility? Are multinational corporations now reshoring, near-shoring or “friend shoring”? Do particular types of firm “win” in the current climate whilst others “lose”?


The course is of direct relevance to students taking core business programmes as well as those studying politics, international relations, European Business as well as International Business in Asia. 



Nordic NineIn sum the course places business knowledge within a broad economic and political context, explores the ambiguous character of relevant economic data, assesses the responses of  firms to shifting conditions and promotes critical thinking. 

Description of the teaching methods
The course will be structured around interactive classes with opportunities for questions and student contributions. All students will be encouraged to participate fully. We facilitate the formation of study groups so that the assigned reading is approached collectively and there is a basis for relevant activity outside of the classroom.
Feedback during the teaching period
There will be an assignment workshop to ensure that students approach the examination assignment in a considered and structured way. Furthermore, students are encouraged to form study groups consisting of 3-5 students. Each such study group will be offered a staff office hours session so as to ‘test’ ideas and engage in dialogue.
Student workload
Preparation time (assigned readings, group work etc) 130 hours
Classes and workshops 38 hours
Exam (including exam preparation) 45 hours
Expected literature

Peter A.G. van Bergeijk (2019) Deglobalization 2.0: Trade and Openness during the Great Depression and the Great Recession, Edward Elgar.


* Please note that this is available as on online book in the CBS Library.


Last updated on 05-02-2024