Course 2005-2006 a.y.
5184 - THE ECONOMICS OF GLOBALIZATION
CLEA - CLAPI - CLEFIN - CLELI - CLEACC - DES - CLEMIT - DIEM - CLSG
Course taught in English
Go to class group/s: 31
The course examines globalization from a broad perspective, including trade, corporate mobility, and international finance. It provides a framework for analyzing the current globalization debate, with particular reference to the developing and developed countries. Throughout the different sessions it addresses three sets of questions:
What is globalization, and what is new and different about it?
What are the impacts of globalization on developing and developed countries? Is it an aid to their development efforts or an enemy of them?
What are the consequences of globalization: contagion or interdependence?
In what specific ways are various developing countries altering, shaping, impeding, and/or adapting to globalization? What factors determine relative success or failure in the new global environment?
- Globalization and Factor Flows
- Globalization: Capital and Commodity Markets
- Globalization: Crises and Crashes
- Contagion and Interdependence
- Who Gains from Growth? Regions, Fat Cohorts, Kuznets Curves, Culture and Path Dependence
- Who Gains from Trade? Globalization and Inequality
Written exam.
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M. OBSTFELD, A. TAYLOR, Global Capital Markets: Integration, Crisis, and Growth, Cambridge, Cambridge University Press, 2004.
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Additional readings and material on several topics will be available at the beginning of the course.
For further and continuously updated information consult the IEP web site or contact SID - Servizio Informazione Didattica - Institute of Economics - via Gobbi, 5 - Room 313.