82140 - Laboratory On Globalization Processes: Developments and Trends

Learning outcomes

During the laboratory activities, we will analyze the most well-known strategies of institutional diffusion. While one implies that fundamental political and legal isntitutions should endogenously arise in response to economic incentives, the other prescribes the imposition of radical reforms from outside. By the end of the course, the students will be able to critically compare the two approches.

Course contents

During the laboratory activities, we will analyze the most well-known strategies of institutional diffusion. While one implies that fundamental political and legal isntitutions should endogenously arise in response to economic incentives, the other prescribes the imposition of radical reforms from outside. By the end of the course, the students will be able to critically compare the two approches.

Readings/Bibliography

North, Douglass C., John Joseph Wallis, and Barry R. Weingast. 2009. Violence and Social Orders: A Conceptual Framework for Understanding Recorded Human History. Cambridge: Cambridge University Press.

Papers:

Institutions: Transplantation Vs Endogenous Formation

• North et al. (2009), capitoli 1-6.
  
• Acemoglu, Daron, and Simon Johnson. 2004. “Unbundling Institutions.” Journal of Political Economy, 113: 949-995.
• Guiso, Luigi, Paola Sapienza, Luigi Zingales. 2016. “Long-term Persistence.” Journal of the European Economic Association, 14: 1401-1436.
• de Oliveira Guilherme, and Carmine Guerriero. 2018. “Extractive States: The Case of the Italian Unification." International Review of Law and Economics, 56: 142-159.
  

Globalize Inclusive Political Institutions

• Boranbay, Serra, and Carmine Guerriero. 2019. "Endogenous (In)Formal Institutions." Journal of Comparative Economics, 47: 921-945.
• Guerriero, Carmine. 2020. "Endogenous Institutions and Economic Outcomes." Economica, 87: 364-405.

Globalize the Legal Order

• La Porta, Rafael, Florencio Lopez-de-Silanes, and Andrei Shleifer. 2008. "The Economic Consequences of Legal Origins." Journal of Economic Literature, 46: 285-332.
• Guerriero, Carmine. 2016a. “Endogenous Legal Traditions.” International Review of Law and Economics, 46: 49-69.
• Guerriero, Carmine. 2016b. “Endogenous Legal Traditions and Economic Outcomes.” Journal of Comparative Economics, 44: 416-433.
• Guerriero, Carmine. 2021. "Legal Origins? A Non Sequitur." https://ssrn.com/abstract=3859717

Teaching methods

Taught classes and peer-taught classes.

Assessment methods

Final essay critically analyzing an institutional reform similar to those discussed in class.

The final grade will be assigned as follows:

• unsatisfactory <18;
• passing grade 18-23;
• good 24-27;
• very good 28-30;
• excellent "30 e lode."

Teaching tools

https://sites.google.com/view/carmineguerrierohomepage/home-page

Links to further information

https://sites.google.com/view/carmineguerrierohomepage/home-page

Office hours

See the website of Carmine Guerriero