Syllabus
1. Introductory class
2. What we measure is what we do - alternative measurement of GDP, happiness index and de-growth
3. Taming of the Shrew? - Political economy of trade liberalization
4. Fixing Global finance - Global imbalances (Chimerica) and 2008 financial crisis, impact on developed versus poor countries, "financialization", need for financial regulation (national, supranational)
5. Aid is not enough - Fair politics, Human rights based approach and poor people
6. Institutions for Global governance - D. Rodrik’s augmented impossible trinity (AIT) : integrated national economies versus nation state versus mass politics
7. Climate negotiations (Guest lecture)
8. International agricultural trade and food security (Guest lecture)
9. OFF
10. Students’ PPP
11. Students’ PPP
12. Students’ PPP
Annotation
For Harvard’s Dani Rodrik the key question is what kind of rules we need so that economic globalization does not compromise macroeconomic development objectives of nation states. The purpose of this course is to approach this question from a different perspective. What kind of rules, institutions and norms (if any at all) do we need so that economic globalization produces as many winners and as few losers as possible? The answer to this question is hidden in the mandatory readings and as the topic of the second class suggests, we need to start from a real scratch.
The course is held in fairly non technical manner and requires high school knowledge of economics and healthy dose of curiosity.