Week 05 Article Review 05

Week 05 Article Review 05

Week 05 Topic: Regional Economic Integration

• Chapter 9 in the Hill textbook.
• Chapters 7 & 10 in Manias, Panics, and Crashes.

Your task in the Article Review is to examine the content of a news or peer-reviewed journal article and relate the topic of the article to an area of international business that we are currently examining in the course. The purpose of these reviews is to make connections to the course content in a given week by personalizing the material into your work and/or personal or professional life. Asking you to find your own articles of interest instead of imposing certain articles on you serves to teach you how and where to find relevant and timely information on international business topics. You can expect to spend more time looking for an appropriate article than actually writing the article review. Sourcing quality information in today’s rapidly changing and globalizing world is a key skill that you should learn through the Article Review assignments.

Each article:

• Should be relevant to that week’s topic.
• Is to be found on your ownand can be derived from newspapers, popular journals, online resources, or opinion letters. Given the opportunity, you may choose to attend internationally relevant presentations in place of researching an article in a given week.

Remember that over the course of the seminar, two articles must be research-based– that is, from peer-reviewed journals in the fields of global business and international political economy. You may apply these to either your Internationalization Plan or to one of your country research reports. Eight article reviews must come from “high-brow, current events literature” – e.g., from a major world newspaper, a magazine like “The Atlantic” or the “Economist,” “The New Yorker,” and so forth.

Your article reviews should be:

• In a business memo format.
• No more than 2 single-spaced pages.

For your review:

• Focus on applying the content of the courseto the situation or problem presented in the article, presentation, or news clip you examine.
• DO NOT focus merely on summarizing the article; summarization should only take a paragraph or two at most. Instead, concentrate on applying concepts and ideasfrom the class to the “real life” situation presented in the news or journal article you’re examining.

I’d still like to see you apply the ideas more in your own world, so personal/professional life apply it in this article reviews, please.

The textbooks required for this seminar include:

1. Hill, C. & Hult, T. Global Business Today (11th edition). (Boston: McGraw-Hill, 2019). Print ISBN: 9781260780611
2. Kindleberger, C & Aliber, R. (2015). Manias, Panics, and Crashes: A History of Financial Crises. St. Martin’s Press (as Palgrave Macmillan): New York. Print ISBN: 9781137525758

Expert Answer

To: Professor

From: Student

Subject: Article Review on Regional Economic Integration

I recently read an article in The New York Times titled “EU Leaders Reach Deal on Recovery Fund, Seeking to Repair Bloc’s Fractured Economy” (https://www.nytimes.com/2020/07/21/world/europe/eu-recovery-fund-coronavirus.html). The article discusses the European Union’s (EU) efforts to address the economic impacts of the COVID-19 pandemic through the creation of a recovery fund.

This article is relevant to the topic of regional economic integration, as it discusses the efforts of a regional organization (the EU) to address economic challenges faced by member states. The article also touches on issues of economic interdependence and cooperation, as the EU leaders recognized that the economic challenges faced by one member state would ultimately impact the entire bloc.

The concept of regional economic integration is central to the EU’s mission and operation. The EU is a regional organization that promotes economic integration and cooperation among its member states. It does this through the creation of a single market, which allows for the free movement of goods, services, capital, and people within the EU. The EU also promotes economic integration through the use of common policies and regulations, as well as through the creation of common institutions such as the European Central Bank.

The COVID-19 pandemic has had a significant impact on the economies of EU member states, and the recovery fund proposed in the article is an example of the EU’s efforts to address these economic challenges through regional economic integration. The recovery fund will provide financial assistance to member states in the form of grants and loans, with the goal of helping these states recover from the economic impacts of the pandemic.

In my personal and professional life, I have witnessed the benefits of regional economic integration firsthand. As a member of a global company with operations in multiple countries