Study Tour Programs 2019 Destinations
Peace, growth and contradictions: the Colombian route to development
Bogotá, COLOMBIA – from 23 to 30 June 2019
in cooperation with Universidad de Los Andes
Bocconi Faculty: Prof. Valentina Mele
International observers were quite surprised when, in June 2018, Colombia joined the OECD, a club of wealthy and democratic countries. In so doing, it got recognition of the progress it made over the last 20 years. A lengthy peace negotiation process culminated in a peace agreement signed in 2016 by the government and the Revolutionary Armed Forces of Colombia (FARC). The agreement ended five decades of fighting that left at least 220,000 dead and nearly 6 million people displaced from their homes. Moreover, a remarkable improvement of socio-economic conditions led to the reduction of extreme poverty (people living on $1.90 a day or less) from 16.2 percent of its population in 2000, to 4.5 percent in 2017. During the same period, Colombia’s gross national income nearly tripled, from $99.89 billion to $309.19 billion.
First, through interactive classes, company and institutional visits and unique access to top policymakers, this study tour allows students to understand and unpack the reasons behind this progress and to nail down the lessons learned that can be transferred. Second, the study tour provides an opportunity for students to work as policy analysts and to address some of the challenges and the contradictions the country is still facing, including drug trafficking, social inequality and the resurgence of dissident groups.
The Startup Nation: managing innovation and new venture creation in Israel
Haifa and Tel Aviv, ISRAEL – from 30 June to 7 July 2019
in cooperation with Technion, Israel Institute of Technology
Bocconi Faculty: Prof. Dovev Lavie
Many wonder how Israel, a country of 8.5 million people, only seventy years old, surrounded by enemies, with no natural resources, has produced more start-up companies than larger and more stable nations. In their best-selling book, the “Start-up Nation”, Dan Senor and Saul Singer suggest that the main reason for Israel’s success is the entrepreneurial spirit. Israel has transformed itself from a stretch of farmland into a high-tech wonder, with more than 4,000 active technology start-ups. This study tour will allow you to explore the Startup-up Nation, with site visits to scientific labs in the leading technology institution of Israel – the Technion, technological incubators, high-tech corporations, and startup companies. You will also have the opportunity to engage in teamwork to develop your own ideas for a start-up company.
Bridging the Colonial Gap: Politics, Society and Economy in Northern Africa
Casablanca, MOROCCO — from 23 to 30 June 2019
in cooperation with ESCA Ecole de Management
Bocconi Faculty: Prof. Andrea Colli
The events of the Arab spring and the following political, social and economic turmoil in the region again shed a light on North African countries, or, better, Mediterranean Africa. It is worth remembering, this is also the Southern European border. New challenges are now emerging in the area, and with these challenges, of course, opportunities, in the framework of the present globalization process. North-African countries share differences, and similarities, not least the fact of having been for a long time European colonies. Understanding better their more, or less, successful patterns of development is a key issue in understanding the future political equilibrium and business opportunities of the whole Mediterranean area. Morocco is increasingly interpreting itself as a "gateway" to Africa. This means that a better knowledge of its political, social, economic and geopolitical conditions is necessary for future managers in the global economy.
Understanding and fighting poverty in Latin America
Lima, PERU – from 23 to 30 June 2019
in cooperation with Universidad ESAN
Bocconi Faculty: Prof. Diego Javier Ubfal
We will go to Lima, Peru, in order to understand how poverty works in Latin America: how the underprivileged live, what the main agents are doing to push them out of poverty, and how to evaluate whether these policies are working. During class time, we will discuss how to conduct field experiments to evaluate what policies work, focusing not only on the theoretical aspects, but also on the empirical details. After class, we will visit the main agents fighting against poverty in Peru, including governmental, non-governmental and research organizations. Finally, we will complement these activities with a trip to the field, where we will be able to talk to the local population, and thus understand their problems and how they live.
Startups with a mission: social entrepreneurship ventures in South Africa
Cape Town, SOUTH AFRICA – from 23 to 30 June 2019
in cooperation with the University of Cape Town
Bocconi Faculty: Prof. Carlo Salvato
This highly interactive study
tour will allow you to explore the entrepreneurial opportunities offered by a
historical, institutional, and social context unusually rich in social needs
for cohesion and integration. You will not only be asked to watch, listen,
understand, and empathize. Through inspiring lectures from local faculty,
multiple site visits, and creative teamwork activity you will also actively
engage yourself in developing innovative ideas for starting and running social
ventures in South Africa and wherever your ideals will inspire you to create
Microfinance and Entrepreneurship in Africa
Kampala, UGANDA – from 23 to 30 June 2019
in cooperation with Makerere University
Bocconi Faculty: Prof. Selim Gulesci
Financial markets play a crucial role in economic development by allowing those who have talent or skills but limited money to undertake investments. During this experience, we will review theories on how financial market frictions may affect choices and productivity of individuals and firms. We will look at evidence on the importance of financial market frictions in developing countries. We will then study how the standard microfinance model works, and how it made lending to the poor a viable and sustainable policy. We will review empirical evidence on the impact of microfinance on business development and poverty alleviation and how access to financial services can be further increased among poor households. Through a combination of company visits/local speakers the ideas will be further highlighted and demonstrated throughout the experience.
Upgrading in global value chains through FDIs: the case of Vietnam
Hanoi, VIETNAM – from 23 to 30 June 2019
in cooperation with Foreign Trade University
Bocconi Faculty: Prof. Claudio Dordi
Vietnam is the most outstanding economy worldwide. Poverty rate decreased from 58% in 1993 to 9.9% in 2016. The rapid economic growth and development transformed Vietnam from one of the world’s poorest nations to a lower middle-income country. From being economically and politically isolated in the mid-90s, Vietnam is now the only country linked with trade agreements with EU, China, Russia, Japan (and US, before Trump), fully englobed in the Global Value Chain (GVC) and one of the most open economies (export amounting the 100% of GDP). What have been the determinants of this miracle? What are the present challenges in the efforts of upgrading its position in the GVC? What are the measures Vietnam is adopting to avoid falling in the “middle income trap” which affected several economies of the region (e.g. Philippines, Thailand, Indonesia)? How avoiding the risk of specializing in the lowest value-added labor intensive and moving towards high value-added capital-intensive production processes? This study tour will answer to all these questions through a combination of lectures and seminars of local and European academic and experts complemented with site visits to the most successful Italian FDIs in the region, like Piaggio and Carvico. The two companies testify the existence of a different strategic approach to economic globalization, far from the de-localization stereotype and focused on the investment duplication in third countries to grab market share in remote region.