CONTEMPORARY ISSUES IN THE JAPANESE AND KOREAN ECONOMIES
- Module Code:
- Unit value:
- Year of study:
- Year 3 of 3 or Year 4 of 4
- Taught in:
- Term 1
This course will encourage students to critically investigate, with a strong awareness of prior history, the complex ongoing transition of the Japanese and South Korean economies towards a dynamic “Capitalism 2.0”, the precise shape of which remains unknowable but the seeds of which are observable. The course will place considerable emphasis on young adults as a mirror of broader economic shifts and as a potential force for change on the way towards new economic realities. As the only course at SOAS that examines crucial trends such as crowdfunding, social entrepreneurship, organisational innovation and female leadership from a global perspective, it is an essential resource for students wishing to meaningfully participate in the new economy as employees, researchers or entrepreneurs in the future.
Module sign-up information for non-departmental open option students
- Required approval: Approval is required from the Law and Social Sciences Faculty Office
- Required pre-requisite module(s): None
- Year of study: 3/Final
- Maximum number of non-departmental students permitted per year: 10
- Weekly timetable: One lecture (2 hours) and one tutorial (1 hour)
Further information on open option modules can be found here
Objectives and learning outcomes of the module
At the end of the course students should be able to:
- Provide a contemporary perspective on Japan & Korea’s socio-economic development and the implications for managerial decision making and evaluate the key management implications across a broad range of socio-economic indicators
- Discuss the implications of demographic change in modern Japan & Korea , including the economic and social impact of population change
- Evaluate the major contemporary socio-economic challenges faced by Japan & Korea in participating in the global market economy and its implications for international management
- Critically evaluate contemporary changes in Japanese & Korean labour markets and discuss their implications for local and expatriate workforces
- Understand the importance of technology and technological upgrading
- Identify the difficulties as well as future challenges posed by food and energy security in the Japanese and Korean economies
- Interpret the importance of the Japanese and Korean economies in the global economy and the implication of this for international management
- Evaluate the sustainability of current growth rates in these countries and provide insight on how management should deal with the uncertainty posed by this question
Method of assessment
This course is assessed by 30% written coursework and 70% by one two hour examination
- Ibata-Arens, Kathryn. 2009. Innovation and Entrepreneurship in Japan: Politics, Organizations, and High Technology Firms.
- Mikitani, Hiroshi. 2014. Marketplace 3.0: Rewriting the rules of borderless business.
- Song & Lee. 2014. The Samsung Way: Transformational Management Strategies from the World Leader in Innovation and Design.
- Toivonen, Tuukka. 2013. Japan's Emerging Youth Policy: Getting Young Adults Back to Work (Nissan Institute/Routledge Japanese Studies).