Michael Hedegaard

Globalisation is no longer a straightforward concept. In light of war, trade conflicts, and geopolitical realignments, this book aims at providing analytical tools to understand and navigate (de-)globalisation. Bridging economic models with real-world complexity, it offers a nuanced introduction to the global economy at a time of uncertainty and transition. Combining theory and practice, the book presents a clear economic perspective without being overly technical. The first part outlines key concepts such as globalisation throughout time, trade theory and barriers, financial globalisation, the reasons for fragmentation in recent years and in a more political perspective how Russia’s 2022 invasion of Ukraine plays in. The second part features expert contributions on the EU’s crossroads, Denmark’s economic resilience and monetary policy, Germany’s growth challenges, China’s strategic shift, the changing character of Foreign Direct Investment and Africa’s emerging role—alongside an analysis of generative AI’s macroeconomic impact. Through a blend of analysis and real-life examples, the book equips readers to understand and reflect on the present and future of globalisation. It is aimed at students of economics, professionals, and anyone interested in how global forces shape economies, societies, and international relations—and how we might navigate a fragmented global order. Michael Hedegaard is Associate Professor at the Technical University of Denmark. David M. Rowe is Professor of Political Science at Kenyon College. Holger Sandte works as Principal Analyst at the Export and Investment Fund of Denmark.

Strategic Investment and Finance is a comprehensive course book covering investment and finance analysis from a strategic perspective. It explains classical theories and models of investment and finance, and uses examples and case studies to illustrate their application to concrete business challenges. The emphasis is on providing insights into how investment analysis and finance decisions are made in real life and how to apply these concepts in a practical setting in order to give the best results. The book links investment and finance theory with business strategy in a way which offers a new, dynamic perspective on investment analysis. This book is geared towards undergraduate or graduate studies enrolled in introductory to intermediate level courses in investment analysis, finance, and business strategy. In this 3rd edition of Strategic Investment and Financing, the book has been particularly updated in relation to topics such as internationalization, developments in interest rates and inflation, crowdfunding, sustainability, and Environment, Social and Governance (ESG) investment. Additionally, more examples and cases have been included throughout the book to illustrate practical applications. Michael Hedegaard is Associate Professor at DTU with particular focus on how technology and innovation is transferred into sustainable business and development. He has more than 25 years of experience in international finance and business development on emerging markets and teaching experience from CBS and DIS. He is author of “Globalisation and the International Economy”.

Matematik for Erhvervsøkonomi er en effektiv guide til matematik og den praktiske anvendelse inden for erhvervsøkonomi. Bogen vil styrke din matematiske forståelse og ruste dig til at tackle komplekse økonomiske udfordringer. Den er lettilgængelig og præsenterer matematiske koncepter på en intuitiv måde. Læseren vil begynde med at udforske grundlæggende matematiske operationer og bevæge sig gradvist videre til mere avancerede emner, herunder lineær algebra, differential- og integralregning. Hvert kapitel er fyldt med praktiske eksempler der illustrerer matematikkens praktiske anvendelse. Bogen er bygget op med en progressiv læringstilgang, hvor komplekse emner bliver nedbrudt til håndterbare trin. Uanset om du ønsker at forbedre dine eksisterende matematiske færdigheder eller bare ønsker at opdage den fascinerende forbindelse mellem matematik og erhvervsøkonomi, vil “Matematik for Erhvervsøkonomi" være bogen for dig. Matematik for Erhvervsøkonomi henvender sig især til studerende på videregående uddannelser, men kan også sagtens anvendes i erhvervslivet og af andre interesserede.

Strategisk investering og finansiering er en grundlæggende lærebog inden for investering, finansiering og virksomhedsstrategi. Bogen præsenterer alle de klassiske teorier og modeller på området og betragter investeringsanalysen i et strategisk perspektiv. I denne 5. udgave af Strategisk investering og finansiering er bogen især opdateret i forhold til emner som internationalisering, udviklingen i renteniveau og inflation, crowdfunding, bæredygtighed og Environment samt Social and Governance (ESG)-investering. Der er også tilført endnu flere eksempler og cases, der gennem hele bogen bruges til at illustrere anvendelsen i praksis. Der er lagt stor vægt på det sproglige udtryk, så de faglige emner bliver forklaret så enkelt som muligt. Om forfatteren: Michael Hedegaard, har over 25 års erfaring i international finansiering og forretningsudvikling på vækstmarkeder. Han er desuden lektor ved DTU og ekstern lektor ved bl.a. CBS.

The global economy never ceases to fascinate and surprise as its many facets evolve at an ever-increasing pace. Globalisation and the International Economy introduces the reader to global economics in its historical setting. It brings to life some of the most important trade theories such as absolute and comparative advantage, factor endowment, and Porter's Diamond Model through real-world examples. The book also introduces the reader to current trends in economics such as the unbundling of the global value chain, tariff barriers, and the increasing role of financial globalisation. The first part of the book focuses on globalisation, trade, tariffs and protectionism, and financial globalisation. The second part contains a collection of contributions from experts on anti-globalisation, the European integration project, country risk, export finance, the consequences of the free labour movement, and foreign direct investment in emerging markets. Globalisation and the International Economy provides an easily readable introduction to the global economy. Its primary audience is undergraduate B. A. students, although anyone with an interest in the subject will benefit from reading Hedegaard's book.