Why this programme?
The master’s programme in Economics and Strategy in Emerging Markets combines aspects of economic analysis and business economics to address issues related to emerging markets. It is an interdisciplinary degree that will provide you with the knowledge required for a successful international career in business or policy-making.
You will learn to apply tools from economic theory and data analysis to gain insights into the institutional and policy contexts of emerging economies. These insights can be used to advise business and policy leaders on sustainable strategies for economic development and the integration of countries and firms into global exchanges of products, knowledge and capital.
Growing importance of emerging markets
Europe and other parts of the Western world are declining in relative economic importance, with new economies – especially in Asia, but also in Africa and Latin America – emerging to take a leading role in the global economy of the 21st century. The UN Conference on Trade and Development projects that emerging economies will account for nearly 60% of global production by 2030.
Emerging markets provide high growth possibilities for investors and entrepreneurs. They’re also increasingly involved in innovative activities, challenging the traditional North-South organisation of knowledge production. In addition to opportunities, emerging economies pose particular challenges, for example, for the labour markets and economic stability of developed countries through their involvement in Global Value Chains (GVCs).