Syllabus Information

1.1. Introduction

Globalization, Development and History deals with definitions, chronology, background, causes and effects of integration and disintegration processes in three main markets—goods and services, labour, and capital— throughout history, as well as relationships between them and economic policy responses.

1.2. Recommendations to take this course

1. Be able to read English.

2. Have some knowledge of econometrics.  

3. Be able to read, tables, figures, etc.

4. Knowledge of theories and techniques of International Economics is recommended.

5. Class participation is also recommended.

1.3. Context and importance of this course in the degree

The final goal of this course is to use history to better understand the present.

1.4. Activities and key dates

http://econz.unizar.es/

2.1. Learning goals

1. Understanding the meaning of globalization.

2. Knowledge of the relationships between globalization and economic growth throughout history, in particular from the early nineteenth century onwards.  

3. Be able to distinguish between more and less globalized periods.

4. Empirical knowledge of the causes and effects of globalization.  

5. Empirical knowledge of processes of integration in three markets—goods and services, labour, and capital—and relationships between them.

6. Be able to use the knowledge of the history of globalization to better understand the current globalization wave.

7. Think in terms of economic policy.

8. Be able to read scientific literature (books and articles in specialized journals).

2.2. Importance of learning goals

This course aims to contribute to the better understanding of the current globalization wave that students will face. Learning from the past may help.

3.1. Aims of the course

Globalization, Development and History is aimed at understanding the integration and disintegration processes in three main markets—goods and services, labour, and capital— throughout history, in particular from the early nineteenth century onwards.

4.1. Assessment tasks (description of tasks, marking system and assessment criteria)

This course is made up of two parts: theoretical and practical.

The theoretical part is provided by the teacher through lectures. In the practical part, the students discuss particular issues.

Each part makes up 50% of the final mark.

At the end of the semester, students have to take the final written exam. To pass this course students have to pass both parts, theoretical and practical (i.e. obtain at least 2.5 points in each part).

The final exam represents 80% of the final mark. The final exam consists of one or two questions on both the theoretical and practical parts. The exam lasts about one hour or one hour and a half, and only about one sheet of paper can be used. Students not only need to demonstrate their acquired knowledge and their ability to reason in economic terms, but also their writing skills.

A mandatory presentation represents the remaining 20% of the final mark. Usually in pairs, students need to present a scientific article (assigned by the teacher) in one of the practical classes (the date is also assigned by the teacher). Just before the presentation, students need to deliver a (hard-copy) 1,000 word analysis of the article. The aim of the presentation is to assess students’ synthesis capacity, clarity, critical reasoning, and the ability to answer questions from the audience. Students should meet with the teacher at least one week before the presentation to receive advice. (The grades obtained through the presentation stays valid for the second exam date)

5.1. Methodological overview

This course is made up of two parts: theoretical and practical.

5.2. Learning tasks

The theoretical part is an overview of globalization, provided by the teacher through lectures—two hours per week during September, October and November; one hour per week during December and January. Lectures are based on books and scientific papers from specialized journals (plus further material provided by the teacher).

In the practical part, the students (usually in pairs) discuss and present scientific papers or book chapters that delve into specific issues introduced in the theoretical part—two hours per week during September, October and November; one hour per week during December and January. This is a compulsory requirement to pass the course.

5.3. Syllabus

5.4. Course planning and calendar

SCHEDULE

(Subject to unexpected changes)

Week 1
Introduction to GDH. Job assignment in the practical part

Weeks 1, 2 and 3
Unit 1. Introduction to globalization

Practical part. Compulsory readings:
1. Rodrik, D. (2011): The Globalization Paradox. Democracy and the Future of the World Economy. New York: Norton & Company, pp. 184-206 [chapter 9, The Political Trilemma of the World Economy]. 

2. Neumayer, E. and De Soysa, I. (2005): “Trade openness, foreign direct investment and child labor”. World Development 33 (1): 43-63.

3. Kabeer, N. (2004): “Globalization, labor standards, and women's rights: dilemmas of collective (in)action in an interdependent world”. Feminist Economics 10 (1): 3-35.

Weeks 4, 5 and 6
Unit 2. Goods and services market
Practical part. Compulsory readings:

4. Bohlin, J. (2010): “The income distributional consequences of agrarian tariffs in Sweden on the eve of World War I”. European Review of Economic History 14 (1): 1-45.

5. Autor, D. H., Dorn, D. and Hanson, G. H. (2016): “The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade”. Annual Review of Economics 8.

Weeks  7, 8 and 9
Unit 3. International migration
Practical part. Compulsory readings:

6. Hatton, T. J. and J. G. Williamson (1998): The Age of Mass Migration. Causes and Economic Impact. New York and Oxford: Oxford University Press, pp. 154-177 [Chapter 8, Absorbing the Immigrant: The Impact on Americans].

7. Nickell, S. and J. Saleheen (2015): The impact of immigration on occupational wages: evidence from Britain. Bank of Englad Staff Working Paper No. 574.

Weeks 10, 11 y 12
Unit 4. Capital markets
Practical part. Compulsory readings:

8. Clemens, M. and Williamson, J. G. (2000): Where did British foreign capital go? Policies, fundamentals and the Lucas paradox, 1870-1913. NBER WP 8020.
9. Papaioannou, E. (2009): “What drives international financial flows? Politics, institutions and other determinants”. Journal of Development Economics 88: 269–281.

Weeks 13 and 14
Unit 5. Relations between factor and product markets
Practical part. Compulsory readings:

10. Parsons, C.R. (2012): Do Migrants Really Foster Trade? The Trade-Migration Nexus, a Panel Approach 1960-2000. World Bank Policy Research Working Paper 6034.

Week 15
Review