HOL 6710

Globalization, Change, and Learning

As the US economy has continued to recover following the trauma of the financial crisis, the overall US trade deficit (with rest of the world) stood at $471.5 billion in 2013 (Smialek, 2014). The US trade deficit with China continues to remain high, fueling tensions between the countries over currency imbalances, and raising the trade temperature at Capitol Hill. But what does it really mean for us- as citizens, consumers, thinkers and policy makers?

The Globalization, Change and Leaning course is designed to reflect on this question, and make sense of the many challenges facing United States as it continues to stay competitive in science, technology and its ability to create an entrepreneurial climate. In this course, we don’t subscribe to any one perspective; we review the significance of the debate that ‘America is in decline, as well as ‘America is still number one’ (Time, 2011). Together we gather facts and examine.

Some of the changes that influence all of us; using a multi-level analysis, to focus upon individuals, organizations, economies and societies. Topics range from: transformation of values, global leadership/ mindset, talent shortages, growing importance of emerging economies, off-shoring, changing political and economic institutions/ policies, to international knowledge flows.

The central theme is addressing how America can improve its future and how Americans can be made more relevant. These lessons are useful for any other country in its efforts to become globally viable and competitive. We use globalization as the context of this discussion, change as the inescapable reality/ outcome and learning as the coping strategy. Through various integrative discussions, you will be encouraged to develop well-informed strategies for policy makers, and global leaders with the purpose of helping them take full advantage of the opportunities and/or address challenges that globalization presents us with.

Learning Objectives
Upon successful completion of this course, you will be expected to:

  • Integrate multi-level changes precipitated by globalization
  • Evaluate the evidence presented by both sides to formulate your own perspective with respect to whether or not America is in decline
  • Apply the concept of ‘competitive advantage of nations’ to a country of your choosing
  • Debate if and how societies can learn to evaluate the effectiveness of ‘learning’ as a coping strategy
Credits: 
3