SemesterFall Semester, 2019
DepartmentProgram(master level) Program(undergraduate level)
Course NameGlobal Governance and Business
InstructorLIOU TO-HAI
Credit3.0
Course TypeRequired
Prerequisite
Course Objective
Course Description
Course Schedule

9/11 Week 1: Introduction (Prof. To-Hai Liou, Prof. Mignonne Chan, Prof. Fu-Kuo Liu)



John Bessant and Joe Tidd, Innovation and Entrepreneurship (3rd edition), West Sussex, UK: John Wiley, 2015.



 



9/18 Week 2: (Prof. Mignonne Chan)



Dani Rodrik, The Globalization Paradoz: Why Global Markets, State, and Democracy Can't Coexist (Oxford University Press, 2011) pp.1-88





  • Political Trilemma of the World Economy




  • Is Global Governance Feasible? Desirable?




  • Designing Captalism 3.0




  • A Sane Globalization





 



9/25 Week 3: (Prof. Mignonne Chan)



Henry Sanderson & Michael Forsythe, China's Superbank: Debt, Oil and Influence-How China Development Bank is Rewriting the Rules of Finance (Wiley/Bloomberg Press, 2013) pp.85-180





  • Realizing Circular Economy through Innovation & Partnership




  • Let 10,000 Projects Bloom




  • Turning a Zombie Bank into a Global Bank




  • Nothing to Lose but Our Chains




  • Risk vs. Rewards




  • Funding the New Economy




  • The Future





 



10/2 Week 4: (Prof. Mignonne Chan)



Rohit Talwar(ed. )The future of business: Critical Insight into a Rapidly Changing World from 60 Future Thinker (Fast Future Publishing, 2015)





  • Visions of the Future: What Are the Global Shifts on the Horizon? (6)




  • Tomorrow’s Global Order: What Are the Emerging Political & Economic Transformations that Could Reshape the Environment for Society & Business? (7)




  • The Emerging Societal Landscape: Who Are We Becoming, How Will We Live? (7)




  • Social Technologies: How Will Tomorrow's Technologies Permeatte Our Everyday Lives? (9)





 



10/16 Week 6: (Prof. To-Hai Liou)



Asian Entrepreneurship and Business: US vs. China



Chapter 5 Entrepreneurship and New Venture Management, Ricky Griffin, Fundamentals of Management, 9th edition, Cengage Learning, 2019.



SoftBank's magic lamp keeps sending the Alibaba genie,” Nikkei Asian Review, July 20, 2019, https://asia.nikkei.com/Business/Companies/SoftBank-s-magic-lamp-keeps-sending-the-Alibaba-genie



Baidu slips from China's tech top 5, overtaken by NetEase,” Nikkei Asian Review, August 15, 2019, https://asia.nikkei.com/Business/China-tech/Baidu-slips-from-China-s-tech-top-5-overtaken-by-NetEase



China's tech startups flourish in talent-rich second-tier cities,” Nikkei Asian Review, July 28, 2019, https://asia.nikkei.com/Business/China-tech/China-s-tech-startups-flourish-in-talent-rich-second-tier-cities



 



10/23 Week 7: (Prof. To-Hai Liou)



Indian and ASEAN Entrepreneurs



Chapter 5 Small Business, Entrepreneurship and Franchises, William M. Pride, Robert J. Hughes, Jack R. KapoorFoundations of Business6th edition, 2019.



“Hotel startup Oyo's founder said to be in talks for $2bn buyback,” Nikkei Asian Review, July 08, 2019,https://asia.nikkei.com/Business/Startups/Hotel-startup-Oyo-s-founder-said-to-be-in-talks-for-2bn-buyback



 



10/30 Week 8: (Prof. Mignonne Chan)



Discussion



 



11/6 Week 9: (Prof. To-Hai Liou)



Self-driving cars and Drones



 



11/13 Week 10: (Prof. Hank Lim)





  1. The definition of Good Governance as defined by the World Bank




  2. The Six Key Dimensions of Governance







  • Voice and Accountability




  • Political Stability and Absence of Violence




  • Government Effectiveness




  • Regulatory Quality




  • Rule of Law




  • Control of Corruption







  1. The development and progression of good governance







  • An Introductory Overview




  • Worldwide governance indicators 1996-2018




  • The link of good government and development and business




  • Development of Good Government Regulatory Management in East Asia





 



11/20 Week 11: (Prof. Hank Lim)




  1. The Development of Regulatory Management Systems in East Asia with special focus on ASEAN





  • An Overview of the Regulatory Management Systems in East Asia and ASEAN




  • What are the common elements of Regulatory Management System in East Asia and ASEAN




  • The link of Good Governance, Good Regulatory and Good Management Systems




  • Which elements of Good Regulatory systems produce the most value to development and business






  1. The contrasting Regulatory Management Systems of Singapore and Malaysia





  • The structures and institutions




  • Performance and outcomes




  • Lessons Learned for public management and business





 

11/27 Week 12: (Prof. Hank Lim)






  1. Singapore: Development in Regulatory Reform







  • Key features of regulatory reform




  • Legislatives, policy and principles




  • Objectives of regulatory reform




  • Mechanisms and institutions to oversee Regulatory reform




  • Regulatory tools, systems and processes for improving the quality of new regulations (Flows)




  • Regulatory tools, systems and processes for improving the quality of existing regulations (Stocks)




  • Lessons learned in promoting regulatory reform




  • Future Challenges







  1. Case Studies on impact of Regulatory Management Systems in Singapore:



    Financial Sector Reform by Monetary Authority of Singapore {MAS}, and telecommunication sector reform by Infocomm Media Development Authority (IMDA)





 



12/4 Week 13: (Prof. Hank Lim)





  1. Implementing of the ASEAN Work Plan on Good Regulatory





Practice (GRP) 2016-2015: ASEAN GRP Core Principles





  • Clarity in policy rationale, objectives and institutional frameworks




  • Produce benefits that justify costs and be less distortive to the markets




  • Be consistent, transparent, and practical




  • Support regional regulatory cooperation




  • Promote stakeholders engagement and participation




  • Be subject to regular review for continued relevance, efficiency and effectiveness







  1. Institutional mechanism and implementation




  2. Results and challenges




  3. Lessons Learned from Good Governance



    Good Regulatory Management and Practice and their Impact on global and regional development and business





 



12/11 Week 14: (Prof. To-Hai Liou)



Chaiwan Enterprises in India



To-hai Liou, “Taiwan's Role in the Enhancing Asia-Europe Economic Interactions,” The Current Issues of Economic and Social Integration in Hungary and Taiwan, Proceedings of the Scientific Conference of Budapest Business School-University of Applied Sciences, 2016,pp. 32-44.



To-hai Liou, “https://www.youtube.com/watch?v=1HDLOJFIRXY



 



12/18 Week 15: (Prof. To-Hai Liou)



Technology and Trade-based New Cold War: AI



China's SenseTime chases global AI dreams amid tech cold war,” Nikkei Asian Review, August 9, 2019, https://asia.nikkei.com/Spotlight/Startups-in-Asia/China-s-SenseTime-chases-global-AI-dreams-amid-tech-cold-war



SoftBank's Son slams Japan as 'underdeveloped' on AI,” Nikkei Asian Review, July 18, 2019,https://asia.nikkei.com/Business/Companies/SoftBank-s-Son-slams-Japan-as-underdeveloped-on-AI



 



12/25 Week 16: (Prof. To-Hai Liou)



Oral presentation



 



1/1 Week 17: Holiday



 



1/8 Week 18: (Prof. To-Hai Liou)



Oral presentation



 



 



 


Teaching Methods
Teaching Assistant
Requirement/Grading

Grade:  Group debate (20%); oral presentation (30%); written papers (30%); class performance (20%)


Textbook & Reference

William M. Pride, Robert J. Hughes, Jack R. KapoorFoundations of Business﹐6th edition, 2019.



Ricky Griffin, Fundamentals of Management, 9th edition, Cengage Learning, 2019.



Carroll, Peter, Derek Gill and Ponciano Intal, Jr. “ASEAN Regulatory Reform Imperative and Future Prospects” in ASEAN @ 50, volume 5, The ASEAN Economic Community into 2025 and Beyond, ERIA, Jakarta, September 2017



Gill, Derek and Ponciano Intal, Jr. The Development of Regulatory Management System in East Asia- Country Studies, ERIA, Jakarta, July 2016



Gross, Jeremy and Ponciano Intal, Jr (editors). Reducing Unnecessary Regulatory Burdens in ASEAN, ERIA, Jakarta, 2018



Koh, Tommy. Lectures on “The Principles of Good Governance” Institute of Policy Studies (IPS) at the workshop on Good Governance, 7 October, 2009



Lim, Hank. Towards Institutionalisation of Good Regulatory Practice (GRP) Management Systems (RMS) in ASEAN: Singapore Country paper. To be published by ERIA



Lim, Hank. Two Case Studies on Impact of Regulatory Management Systems in Singapore: Financial Sector Reform by Monetary Authority of Singapore (MAS) and Telecommunication Sector Reform by Info-communication Media Development Authority (IMDA), unpublished paper



Ponciano, Intal, Jr and Derek Gill (editors). The Development of Management Systems in East Asia: Deconstructing, Insights, and Fostering ASEAN Quiet Revolution, ERIA, Jakarta, 2016



Shikhe, Doorgapersad and Coskun Aktan. Progression from Ideal State to Good Governance: An Introductory Overview. International Journal of Business and Management Studies, vol. 9 no.1, 2017



OECD (2018). Good Regulatory Practices to Support Small and Medium Enterprises in Southeast Asia



World Bank Institute. Worldwide Governance Indicators, 1996-2017 and World Bank Governance Indicators 2018



Dani Rodrik, The Globalization Paradoz: Why Global Markets, State, and Democracy Can't Coexist (Oxford University Press, 2011)



Henry Sanderson & Michael Forsythe, China's Superbank: Debt, Oil and Influence-How China Development Bank is Rewriting the Rules of Finance (Wiley/Bloomberg Press, 2013)



Rohit Talwar(ed. )The future of business: Critical Insight into a Rapidly Changing World from 60 Future Thinker (Fast Future Publishing, 2015)



Charles W. L. Hill & Thomas M. Hult, Global Business Today (McGraw Hill, 9e, 2014)



 


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