78360 - INTERNATIONAL TRADE IN SERVICES

Scheda insegnamento

SDGs

L'insegnamento contribuisce al perseguimento degli Obiettivi di Sviluppo Sostenibile dell'Agenda 2030 dell'ONU.

Lavoro dignitoso e crescita economica Ridurre le disuguaglianze Agire per il clima Partnership per gli obiettivi

Anno Accademico 2019/2020

Conoscenze e abilità da conseguire

The course aims to build knowledge and understanding in the area of international trade, particularly focusing on the service sector. To the end the course will provide an understanding of the intellectual and practical problems that arise from the economic interaction between countries and offer explanations of the international pattern of trade and specialisation.

Programma/Contenuti

1. Globalization and its discontents

a) Key concepts and key facts

b) Opposite views

2. Cause and Consequences of International Trade

a) North-South Trade: The Comparative Advantage Theory

- The Ricardian Model

- The Specific Factors Model

- The Factor Proportions Model

b) North-North Trade: Economies of Scale and Imperfect Competition

3. Trade Policy

a) The Instruments of Trade Policies

b) The Political Economy of Trade Policies

4. International Factor Movements, Globalization, and Developing Countries

a) Foreign direct investment and migration

b) Offshoring, outsourcing, and licensing

c) Trade policy in developing countries

d) Controversies about the WTO and globalization (intellectual property rights, labor standards, trade and environment)

Testi/Bibliografia

Textbooks:

P. Krugman, M. Obstfeld, M. Melitz, "International Economics: Theory and Policy”, 11th Edition, Pearson, 2018.

R. Feenstra, A. Taylor, "International Economics", 3rd Edition, Macmillan, 2014.

Required Readings:

S. Barrett, “Environment and Statecraft”, Oxford University Press, Oxford, 2003. (chapters 3-4)

http://www.oxfordscholarship.com/view/10.1093/0199286094.001.0001/acprof-9780199286096-chapter-3

http://www.oxfordscholarship.com/view/10.1093/0199286094.001.0001/acprof-9780199286096-chapter-4

K. Maskus, "Intellectual Property Rights in the Global Economy", Institute for International Economics, 2000 (chapter 3).

https://piie.com/publications/chapters_preview/99/3iie2822.pdf

K. Maskus, “Should core labor standards be imposed through international trade policy?”, World Bank Policy Research Working Paper No. 1817, 1997

https://pdfs.semanticscholar.org/7b67/8af54205929d4e35e90a694d34cef46ec7d1.pdf

H. Nordstrom, S. Vaughan, "Trade and Environment: Special Studies 4", World Trade Organization Report, Geneva, 1999 (chapter 3).

https://www.wto.org/english/tratop_e/envir_e/environment.pdf

Supplementary Readings:

R. E., Baldwin, "Globalization: The Great Unbundling(s) ", working paper, Economic Council of Finland, 2006.

R. Freeman, "Are your Wages Set in Beijing?", Journal of Economic Perspectives 9(3), 15-32, 1995.

W. Martin, K. Maskus, "Core Labor Standards and Competitiveness: Implications for Global Trade Policy", Review of International Economics, 9(2), 317-328, 2001.

K. Maskus, “The Role of Intellectual Property Rights in Encouraging Foreign Direct Investment and Technology Transfer”, Duke Journal of Comparative and International Law 9, pp. 109—161, 1998.

P. Samuelson, "Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists Supporting Globalization", Journal of Economic Perspectives 18(3), 135-146, 2004.

P. Krugman, M. Obstfeld, " Study Guide" (solutions to exercises in the book and additional exercises)

Metodi didattici

During the 60 teaching hours, respective arguments will be confronted in the order indicated in the program. After the presentation of the underlying theory behind the topic under study, the political economy applications of each and relevant exercises will be carried out.

Modalità di verifica dell'apprendimento

The exercises carried out during class will account for 25% of the final grade, and the course will be concluded by a written examination, which will account for the other 75%.

Strumenti a supporto della didattica

Lectures, exercises.

Orario di ricevimento

Consulta il sito web di Alireza Jay Naghavi