Summer School 2018 'Liberal Order in Crisis'
Comparative Analysis of Recent Challenges in Europe
Prof. Dr. T. Beichelt
The perceived crisis of Europe is often discussed as a genuine crisis of the European Union (EU). This class takes a different focus in looking at recent challenges the European continent has been facing. These consist in coping with fiscal globalization, in managing migration to and within Europe, and in trying to keep up the welfare state. Each of these fields will be analysed in a comparative perspective, taking into account different sets of European countries both from within and outside of the EU. One statement to be discussed during the seminar is that traditional nation states in Europe might not be better off in facing contemporary challenges on their own. In that sense, the real crisis of the EU may still be a better option than its disintegration or even complete dissolution.
The Radical Right in Europe: A New Wave of Regime Change?
Prof. Dr. M. Minkenberg
The class discusses the patterns and political significance of radical right-wing actors in a pan-European perspective with particular attention to political parties and the differences between Western and Eastern Europe in light of the question of its potential anti-democratic effects.
The Fall of European Orders from the Roman Empire Until Today
Prof. Dr. J. Neyer
The class discusses the current crisis of the European Union by putting it in theoretical and historical perspective. In the first session, we will discuss two prominent voices that emphasize the depth of the European crisis and the risk that the whole integration project might fail. This is followed by a second session in which we will read similarly prominent voices that claim quite the opposite. According to them, Europe is the future rather than the past of modern development of democracy. The third session puts both voices in theoretical context and asks for the reasons that stimulated revolutions and the fall of political orders in the past. The sessions four and five deal with the historical cases of the end of the Roman Republic and of the failure of the Weimar Republic. The final session concludes the class by answering the question of whether the EU is in a deep crisis and likely to fall or whether its future is as bright as its past.
Comparative Constitutional Populism
Dr. M. Belov
The course “Comparative Constitutional Populism” is an interdisciplinary attempt at providing legal and socio-legal comparative analysis of the embedded features of the democratic constitutions which make them prone to populism as well as of the emergent non-democratic constitutional alternatives, e.g. in the form of illiberal democracies. The teaching will comprise theoretical, socio-legal and comparative legal analysis. The lectures will be partially based on the Socratic method of teaching with role games, simulations and discussions complementing the teaching. The course content includes theoretical analysis, provision of comparative constitutional typologies and case studies of the most important destinations of the spread of constitutionally grounded populism. The course is especially appropriate for students in law, international relations, political studies, philosophy and sociology, but may be beneficial also for students in other branches of humanities, e.g. media studies or modern history.
Concepts of Populism and Radicalism
The slogan ‘Populism is on the Rise’ can be heard everywhere. From editorials in European and American Newspapers to the Academy; on both sides of the Atlantic the term populism is ubiquitous. But what is populism? Many authors add an adjective like nationalist populism, authoritarian populism, right-wing or left-wing populism. In this course we focus on how different authors have conceptualized populism either as an ideology, or as a political style. We study where the term populism historically originated from and whether its historical roots still play a role today. Then we compare the populism concept to competing concepts such as right-wing radicalism and right-wing extremism. We also pay attention to the role and function of concepts in social science research. In the last part of the seminar we study the relationship between populism and democracy and ask whether populism is a good or a bad thing for affluent liberal democracies.
Dr. N. Cherkas
The course covers the main economic aspects of the current development of Europe. It will touch on background of European integration, though its main focus is on the economic analysis of the policies and prospects for the European countries. We will deal with the history and institutions of the European Union, growth aspects, European Monetary and Regional Policy, as well as Trade, Science and Technology and Competition. Moreover, the European Labor Market and Public Debt will be investigated. Recent issues covering the European Union and its standing in International Economic Relations, the challenges of European Enlargement, the demands during the Financial Crisis, the Energy Security issues as well as recent developments due to the Migration towards the European Union will be examined.
Dr. K. L. Keiber
Corporate finance from a derivative perspective is at the very heart of this course. In a first step, participants get to know the pricing of state-contingent claims in a quite general state-preference framework with no-arbitrage. Next, the Cox-Ross-Rubinstein (1979) binomial option pricing model is developed and the Black-Scholes (1973) model for the pricing of European-type stock options is introduced. In a third step, the insights about financial options are applied to the analysis of a corporation along Merton’s (1974) firm-value model. Thereby the participants develop a notion of credit-risk and understand how to price credit risky corporate debt. Finally, the participants learn to apply the binomial model to the pricing of real options. Put differently, they get to know multi-period capital budgeting under uncertainty in the presence of managerial flexibility. Tutorials help the participants to develop the necessary skills in order to apply the developed pricing approaches themselves.
Intercultural Management Training
Dr. M. Wenzel
The aim of the seminar is to raise awareness for potential problems of intercultural management and to provide options for solving them. In a highly interactive format, students will be enabled to experience critical intercultural situations through the use of simulations, case studies and group exercises. This helps to not only understand issues of intercultural management, but to actually feel them. After every exercise, the experiences will be discussed and analyzed on a theoretical level, generating long-lasting insights through self-reflection.
The Venezuelan Crisis: History and Present, Causes and Consequences. Alternative for Solutions.
Dr. J. U. Mora-Mora
The main objective of this course is to develop a general understanding of the economic, political, and social current crisis in Venezuela and the role that the development of the oil industry has had on the economic history of Venezuela during the last century. This course will help students enhance their analytical skills since it combines analysis from the economic, political, and geo-political perspectives to discuss the contents outlined in the course.
Dr. M. Pedley
The main objective of this course is to develop a managerial understanding of international marketing. This course will help students enhance their analytical, decision making and implementation skills in an intense, highly challenging project of developing an actual marketing plan. The course will place an equal emphasis on managerial and marketing issues faced by firms operating in many parts of the world.
Information Asymmetry, Corporate Disclosure and Climate Finance
Prof. Dr. Schwarze