ECONOMICS OF GLOBALIZATION

The aim of the course is to give students the conceptual and methodological tools to understand trends, reasons and implications of the globalization processes of contemporary economy. The theoretical lectures will be alternated with thematic insights on the role of technological innovation, social inequalities, migration processes in the new geography of global development

The student will be able to use the tools of economic analysis to discuss the forms, causes and effects of globalization processes, as well as to identify possible political actions for a conscious governance of this phenomenon.

Basic knowledge of micro and macroeconomics is required. During the lessons, the fundamental concepts of economic analysis, useful to deepen the different issues addressed, will be recalled.

- Facts, Stages and Dimensions of Global Economy
- How does an open economic system work and how to measure its development
- To gauge international economic relations: the Balance of Payment
- Gain from trade: absolute and comparative advantage, economies of scale, technological learning
- Political economy of trade policies
- The Fourth Industrial Revolution and the New Geography of Development
- From Trade to Global Value Chains
- Multinational firms in global economy
- Global inequalities
- Regions, Cities, and Clusters: local paths to global economy
- Economic Complexity and Institutional Quality
- Economics and Policies of Migration
- New rules for the Global Economy

K. A. Reinert, An Introduction to International Economics. New Perspective on the World Economy, Cambridge University Press, 2012

Richard Baldwin, The Great Convergence. Information Technology and the New Globalization, Harvard University Press, 2016
Branko Milanovic, Global Inequality. A New Approach for the Age of Globalization, Harvard University Press, 2016
Dani Rodrik, Straight Talk on Trade. Ideas for a Sane World Economy, Princeton University Press, 2018

Readings and teaching material will be provided to the students during the lectures

Written test, composed of multiple choice questions and some open questions

Lectures, educational seminars, discussion on readings

English

written

This subject deals with topics related to the macro-area "International cooperation" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development