ECONOMICS OF GLOBALIZATION

The aim of the course is to give students the conceptual and methodological tools to understand reasons and implications of the globalization processes in contemporary economy, as well as reflect critically on the reasons of a sharp slowdown in these processes in recent years. The theoretical lectures will be alternated with thematic insights on the main trends in world trade and foreign investments, the role of technological innovation, social inequalities, migration processes in the new geography of development.

The student will be able to use the tools of economic analysis to discuss critically the globalization processes, and 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 and the de-gloabalization processes
- How does an open economic system work and how to take measure of growth
- To gauge international economic relations: the Balance of Payment
- Gain from trade and its social distribution: absolute and comparative advantage, economies of scale, technological learning
- Political economy of trade policies
- From Trade to Global Value Chains
- Multinational firms in global economy
- The Fourth Industrial Revolution and the New Geography of Development
- 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
Richard Baldwin, Globotics Upheaval. Globalisation, Robotics and the Future of Work, Hachette, 2019
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.
Attending students can replace the exam with an in-depth essay on the course topics, subject to agreement with professor.

Lectures, educational seminars, discussion on readings, active learning

English

written

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