VI INTERNATIONAL BUSINESS
1. EXPORT IMPORT PROCEDURES, DOCUMENTATION AND LOGISTICS (Only for MBA) 2. INTERNATIONAL ECONOMIC ORGANISATION 3. INDIA’S FOREIGN TRADE POLICY
1 EXPORT IMPORT PROCEDURES, DOCUMENTATION AND LOGISTICS Objectives The aim of the course is to acquaint the students with the export-import procedure, documentation and logistics. Course Content Documentation Framework-Exim Documentation; International business contracts: Types Formation, Elements, Legal Dimensions, Dispute Settlement; Instruments and methods of Financing Exports including credit and collections, Uniform custom and practices (UCP) business Risk Coverage-Cargo, Credit and Foreign exchange risk coverage, Cargo Insurance, Foreign Exchange Regulations and Formalities; Quality control and Preshipment; Inspection Concept Scheme and Procedures; Role of Clearing and Forward Agents Excise clearance of cargo Shipment of Export cargo; Custom Clearance of export cargo; Custom Clearance of Import cargo; Negotiations of Documents with banks; Procures and documentation for availing export incentives Duty draw backs, Import licensing and other incentives; processing of an Export Order; World Shipping Structure. Linear, and Tramps, Conference System; Freight and Structure. Containerization and other developments, International Agreements and conferences on Sea Transport; Indian Shipping Trends, Structure, Concepts of Dry Port, Containerisation, machinery for Consultation; Air Transport International set –up Freight rate structure Suggested Readings 1. Bhalla, V.K. and S. Ramu International Business Environment and management 5th ed. Delhi, Anmol, 2001 2. Desai, H.B. Indian shipping Perspectives, Delhi, Anupam Publications, 1988 3. Government of India handbook of Import Export Procedures 4. Paras Ram Export what where and How, Delhi, Anupam Pub. 1995 The list of cases and specific references including recent articles and reports will be announced in the class at the time of launching of the course.
2. INTERNATIONAL ECONOMIC ORGANISATIONS
Objectives To familiarize the students with the functioning of the international economic organisations and thedir changing role in the context of globalisation of the world economy. Course Content Regimes, International Economic Organisations and Development Diplomacy: Regimes and regimes theory, International Organisations as international institutions; International monetary Fund (IMF) World Bank Group—International bank For Reconstruction and development (IBRD), International development Agency (IDA), International Finance corporation (IFC) Multilateral Investment Guarantee Agency (MIGA); Agreement on Tariffs and Trade (GATT); World Trade Organisation (WTO) United nations Conference on Trade and Development (UNCTAD); International labour Organisation (ILO).
Selectged Readings 1. Bhalla, V.K. International Mosnetary cooperation, Delhi, Anmol, 1992 2. Hunt, Diana Economic Theories of Development: An Analysis of Competing Paradigms, Hemel Hempstead: Harvester Wheatsheal, 1989 3. Keohane, Robert,O International Institutions and State Power Essays in International relations Theory Boulder Westview, 1989 4. Krasner, Stephen D Structural Conflict The Third World Against Global Liberalism, Berkley University of California Press, 1985 5. Simai Mihaly The Future of Global Governance, Washington,D,C. United States Institute of Peace Process 1994 6. Sidell, Scott The IMF and Third World Political Instability, London, Macmillan, 1988 The list of cases and specific references including recent articles and reports will be announced in the class at the time of launching of the course.
3. INDIA’S FOREIGN TRADE POLICY Objectives To acquaint the students with recent trends in India’s foreign trade, and management and policy related issues in foreign trade in the global context. Course Content India’s Foreign Trade in the Global Context, Structure and Equilibrium of India’s Balaance of Payments, Recent Trends in India’s foreign trade; Directional Pattern: Major export commodities – Thrust area commodities their trend, problems and prospects Major competitors Major importa Commodity Groups; Trade Control in India; Foreign Trade (Dfevelopment and Regulation) Act, Import and export Control Orders Import and export licensing System Exchange Control in India; Blanket Persmit Sdystem Import Substitution and export Promotion Policies Export Incentives; Financial and Fiscal; Deferred payment System and the Role of EXIM Bank of India; Export Credit Insurance; Infrastructure support for Export Promotion; Export promotion Councils; Commodity boards/Product Export Development Authorities; Specific Service Institutions; role of State Trading Organisations in Foreign Trade, export Processing zones; export Oriented Units and export and Trading House Schemes; Multilateralism and Bilateralism in India’s International Business. Suggested Readings 1. Bhalla, V.K. International business Environment and Management, 8th ed. Delhi, Anmol;, 2001 2. Bhashyam, S. Export Promotion in India: The Institutional Infrastructure, Commonwealth Pub., Delhi, 1988 3. Khanna, Sri Ram Export marketing in India’s New Manufacturers, University of Delhi, Delhi, 1986 4. Jain S.K. Export Performance and Export Marketing Strategies, Common wealth pub. Delhi,1988 5. Nayyar Deepak India’s Export and Export Policies in the 1960s, Cambridge University Press, 1976 The list of cases and specific references including recent articles and reports will be announced in the class at the time of launching of the course.