Universität Wien FIND

240055 SE VM1 / VM2 - International Environment and Economic Development (2019W)

Globalization and its implications, financial crises, trade liberalization, migration, foreign aid

Prüfungsimmanente Lehrveranstaltung
SGU

An/Abmeldung

Details

max. 25 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Montag 21.10. 09:00 - 12:00 Seminarraum Internationale Entwicklung Afrikawissenschaften UniCampus Hof 5 2Q-EG-05
Montag 04.11. 09:00 - 12:00 Seminarraum Internationale Entwicklung Afrikawissenschaften UniCampus Hof 5 2Q-EG-05
Montag 18.11. 09:00 - 12:00 Seminarraum Internationale Entwicklung Afrikawissenschaften UniCampus Hof 5 2Q-EG-05
Montag 02.12. 09:00 - 12:00 Seminarraum Internationale Entwicklung Afrikawissenschaften UniCampus Hof 5 2Q-EG-05
Montag 20.01. 09:00 - 12:00 Seminarraum Internationale Entwicklung Afrikawissenschaften UniCampus Hof 5 2Q-EG-05

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

This course studies how the international economic environment affects the development of countries, and discusses the policies that can be adopted in the face of these forces as well as their effects. The course will be taught at an introductory level. Theory, history, empirical evidence, and policy implications will be discussed. Students will develop skills to analyse and think independently about factual information regarding the economic effects of the international environment as well as about the design of policies.

Art der Leistungskontrolle und erlaubte Hilfsmittel

Students will be evaluated on the basis of two homeworks (33% each) and an essay (33%). Failure to hand in any of these will result in a negative evaluation of the course.

Mindestanforderungen und Beurteilungsmaßstab

Students should prove a good command (at least 50%) of each topic of the course.

Prüfungsstoff

There are no exams in this course. The topics treated are international trade, foreign direct investment and multinationals, capital flows, foreign aid and migration.

Literatur

Textbook:

- Krugman and Obstfeld (2008): International Economics, 8th Edition, Pearson-Addison-Wesley. (KO)

A thought-provoking essay on globalization, which touches upon many of the topics we will discuss in the course:

- Dani Rodrik (2012): The Globalization Paradox, W.W. Norton

I. Introduction

- Jeffrey Sachs (1998): “International Economics, Unlocking the Mysteries of Globalization,” Foreign Policy.
- John Williamson (1990): “What Washington Means by Policy Reform,” Chapter 2 from Latin American Adjustment: How Much Has Happened?
- Stanley Fischer (2003): “Globalization and Its Challenges,” American Economic Review, Vol. 93, No. 2.
- Joseph Stiglitz (2005): “Development Policies in a World of Globalization,” in Putting Development First: The Importance of Policy Space in the WTO and International Financial Institutions, Kevin P. Gallagher (ed.), New York: St Martin's Press.
- William Easterly (2007): “Globalization,” in Steven Durlauf and Marcel Fafchamps: Palgrave Dictionary of Economics.

II. Trade

- KO: Chapters 3, 5, 8-11.
- F. Bourguignon and C. Morrisson (1990): “Income Distribution, Development, and Foreign Trade,” European Economic Review, 34, pp. 1113-1132.
- Rudiger Dornbusch (1992): “The Case for Trade Liberalization in Developing Countries,” Journal of Economic Perspectives, Vol. 6, No. 1.
- Paul Krugman (1987): “Is Free Trade Passé?” Journal of Economic Perspectives, 1(2).
- Mancur Olson (1971): The Logic of Collective Action, Harvard University Press. Introduction and Chapter 1.
- Kevin O'Rourke and Jeffrey G. Williamson (1994): “Late Nineteenth-Century Anglo-American Factor-Price Convergence: Were Heckscher and Ohlin Right?” Journal of Economic History, Vol. 54, No. 4.
- Dani Rodrik (2001): “The Global Governance of Trade as if Development Really Mattered,” United Nations Development Programme.
- Ronald Rogowski (1989): Commerce and Coalitions. How Trade Affects Domestic Political Alignments, Princeton University Press.
- Debraj Ray (1998): Development Economics, Princeton University Press: Chapters 16-18.
- Adam Smith (1776): The Wealth of Nations, Liberty Fund, Book I, Chapters 1-3.
- Joseph Stiglitz and Andrew Charlton (2005): Fair Trade for All, Oxford University Press, Chapters 2-4, 13.
- Joseph Stiglitz (2002): Globalization and Its Discontents, Penguin, Chapter 3.

III: Foreign direct investment

- Pol Antràs (2003): “Firms, Contracts, and Trade Structure,” Quarterly Journal of Economics, 118 (4), 1375-1418.
- Lael Brainard (1997): “An Empirical Assessment of the Proximity-Concentration Trade-off between Multinational Sales and Trade,” American Economic Review, September, 87(4), 520-44.
- Ronald Coase (1937): “The Nature of the Firm,” Economica, pp. 386-405.
- J. Carluccio, A. Cuñat, H. Fadinger and C. Fons-Rosen (2014): “Offshoring with Heterogeneous Firms,” unpublished manuscript.
- William Easterly (2001): The Elusive Quest for Growth, MIT Press, Chapter 8.
- Elhanan Helpman, Marc J. Melitz and Steven Yeaple (2004): “Export versus FDI with Heterogeneous Firms,” American Economic Review, 94: 300-316.
- Oliver Williamson (2008): “Transaction Cost Economics,” in Claude Menard and Mary M. Shirley (eds.), Handbook of New Institutional Economics, Springer.

IV. Financial flows

- KO: Chapters 7 (including Appendix 2), 12-14, 21, 22.
- William Easterly (2001): The Elusive Quest for Growth, MIT Press, Chapters 6, 7.
- William Easterly (2002): “How Did Heavily Indebted Poor Countries
Become Heavily Indebted? Reviewing Two Decades of Debt Relief,” World Development, Vol. 30, No. 10.
- Barry Eichengreen (1996): Globalizing Capital, Princeton University Press.
- Barry Eichengreen (20xx): Financial Crises and What to Do about Them.
Maurice Obstfeld (1999): “The Global Capital Market: Benefactor or Menace?” Journal of Economic Perspectives.
- E. Prasad, K. Rogoff, S. Wei and A. Kose (2003): “Effects of Financial Globalization on Developing Countries: Some Empirical Evidence,” IMF Occasional

Zuordnung im Vorlesungsverzeichnis

VM1 / VM2; MA Globalgeschichte und Global Studies, Modul Vertiefung 2

Letzte Änderung: Di 10.09.2019 10:48