Indian Institute of Management Nagpur

MBA Program (MBA) – 2021-23

Course Name: New Global Commerce and India
Program Name: MBA Course Code: NGI
Academic Area: Economics Academic Year: 2022-23
Type of Course: Core / Elective / Workshop Term: (I / II / III /
IV/V/VI)
Credits / Hours: 1 (10 hours) Internal / Visiting: Visiting

Instructor Internal Faculty Email Telephone Student

Name (I)/ Block/ Consultation
Visiting Room No. Hours
(V)

Amitendu I isasap@nus.edu.sg By
Palit Appointment

Course Introduction / Description:

The course will discuss the impact of the COVID19 pandemic on global trade and its far-reaching
technological, economic, and political consequences. The focus of discussions will be on global
supply chains, digital trade and connectivity, digital currencies, and trade Agreements. The
discussion will also include a geo-political understanding of current world trade and characteristics
of the new world trade order. The global context of all issues discussed would contain an India
perspective.

Course Learning Outcomes:

After completing this course, the participants should be able to:

1. Appreciate immediate concerns in global business in a post pandemic world
2. Role of digital trade and digital currencies in shaping the future of world business
3. Role of FTAs, Geopolitics in shaping the future for sustainable global trade and development
in line with UNSDGs.

Pre-requisites (prior conditions to register for the course, if any):

NA

MBA 2021-22
1
Pedagogy:

The instructors would be using a mix of various methods including the following:

- Case Analysis
- Presentations
- Discussion in class
- Videos

Text Book: NA

Supplementary readings:

Software/other requirements (if any): NA

Attendance Policy:
PGP Office attendance policy applies

Mapping the Course to the Learning Objectives (LO’s) of the Program:

LO Code Course Learning Program LO Name Level to be Assessment Tool*

Outcome Achieved ^
1 2 3
LO1 1,2, Domain Knowledge  1 and 2
LO2 1,2,3 Critical thinking & Innovative  1 and 2
Problem Solving

LO3 Leadership & Collaborative

Mindset
LO4 Effective Communication
LO5 1,2,3 International Exposure &  1 and 2
Cross-Cultural Understanding

LO6 Social Responsibility & Ethics

(^ Level 1 – Introduction; Level 2 – Reinforcement; Level 3 – Mastery

Module / Session Plan:

Session-wise outline

MBA 2021-22
2
Session Topic & Objective
1 Topic: COVID19 and world trade
 Disruptions in flows of goods,
services, investments and people
 Disruptions in relations between
countries
 Emergence of new ‘normal’ –
reorganization of production
networks, digitalization,
environmental sustainability and
new country alliances
2 Topic: Global supply chains
 Breakdowns in sourcing and chain
logistics
 Emphasis on resilience, restructuring
and re-shoring
 New supply chain frameworks –
Supply Chain Resilience Initiative
(SCRI), Quad, Indo-Pacific Economic
Framework for Prosperity (IPEF)
3 Topic: Digital Trade and Connectivity
 Features of digital trade
 Modes of digital connectivity
 Taxation issues
4 Topic: Digital currencies
 Sovereign digital currencies
 Private (crypto) currencies
 Regulating digital currencies
5 Topic: Free Trade Agreements
MBA
3
Study Material (Text Book Chapter /
Readings / Cases)
Reading(s): ‘Impact of the COVID19
pandemic on trade and development;
transitioning to a new normal’, UNCTAD
2020.
https://unctad.org/system/files/official-
document/osg2020d1_en.pdf
Reading(s):
‘Building Resilient Supply Chains,
Revitalizing American Manufacturing and
Fostering Broad-Based Growth’ The
White House, June 2021.
https://www.whitehouse.gov/wp-
content/uploads/2021/06/100-day-supply-
chain-review-report.pdf
Reading(s): “Primer on Economic
Integration Issues posed by the digital
economy’
https://pecc.org/resources/digital-
economy/2705-pecc-signature-project-
primer-on-economic-integration-issues-
posed-by-the-digital-economy/file
Reading(s):
 ‘3 ways digital currencies could
change global trade’, World
Economic Forum, 13 January 2022.
https://www.weforum.org/agenda/20
22/01/digital-currencies-
international-trade/
Reading(s): a) ‘India’s new and robust FTA
engagements’, ISAS Brief, 5 October
2021-22
Session Topic & Objective
 Specific FTAs – India-UAE, India-
Australia, India-UK, Digital Economy
Partnerships
 Nature of new FTAs
 Political dimensions of FTAs
6 Topic: Trade, Supply Chains and Geopolitics
 Conflict and trade
 Critical industries and national
security
 Emergence of ‘managed’ trade
7 The New Trade Order and UNSDGs
 Inclusive Trade
 Sustainable Trade
 Gender-empowered trade
 Political trade
Evaluation Criteria:
Sr. No. Component
1 Class Participation
2 End Term (Open Notes)
MBA
4
Study Material (Text Book Chapter /
Readings / Cases)
2021.
https://www.isas.nus.edu.sg/papers/indias
-new-and-robust-fta-engagements
b)’Decoding India’s revived free trade
agreement rush’, World Economic
Forum, 15 September 2022.
https://www.weforum.org/agenda/2022/0
9/decoding-india-s-revived-free-trade-
agreement-rush/
Reading(s):
 ‘Building resilient supply chains:
geopolitics of the Indo-Pacific
region’, CSIS, 19 February 2021.
https://www.csis.org/analysis/buildin
g-resilient-global-supply-chains-
geopolitics-indo-pacific-region
Reading(s)
 ‘The WTO, Trade Agreements
and Sustainable Trade’, Hinrich
Foundation, 3 November 2021.
https://
www.hinrichfoundation.com/
research/wp/wto/wto-trade-
agreements-sustainable-trade/
Individual / Group Weightage
Individual 20
Individual 80
2021-22