Globalization

ECTS : 6

Description du contenu de l'enseignement :

Course description and objectives
The aim of this course is to help students understand the economic globalization process and its consequences, both from an economic and political point of view. The course focuses on the determinants and the consequences of economic globalization, but also on the new growth and sustainable development challenges. It also examines the rising of anti-globalization movements and theories.

Course Structure

1. Globalization: a definition from an economic, sociological and cultural point of view / The anti-globalization movement:  from Trump to Brexit and the rebirth of nationalism
2. The globalization: origins and main actors / The after WW2 period. The changing 1990s. Multinational firms structure the world.   
3. Economic globalization and the role of the developing countries / The development of the East-West relations and the South south relations. / The 2008 Crisis
4. Economic globalization and growth / Theoretical issues / The role of Foreign Direct Investment
5. Poverty and world inequalities / Measuring poverty and economic development / Understanding the new world disparities
6. China: the Rostow paradigm / The determinants of the Chinese growth / The importance of world economic openness
7. When old growth models become history / The end of productivity gains / The end of mass consumption / The end of investment and public spending multiplier effect
8. Monetary and banking globalization / The new banking empires / The monetary agreements / The global debth problem
9. Migration / A new migration era / The migrants crisis
10. From globalization to sustainable development / Poverty issues / Environment and the solutions for a sustainable development
11. The return of the anti-globalization defenders /  Perspectives and threats
12. Final Exam

Compétence à acquérir :

Learning outcomes
At the end of the course, students are able to analyze the main features of the economic globalization process but also the way such a process affects modern economic business life. The students develop also a keen analysis on anti-globalization movements and policies in order to understand the contradictory social and political movements in most OECD economies.

Mode de contrôle des connaissances :

Assignments and grading
Active class participation is a main feature of the course’s organization. Students have to make short presentations on different issues concerning economic globalization. A final exam evaluates the students. The final exam counts for 50% of the note. Short presentations count for another 50% of the note.
 
The numerical grade distribution will dictate the final grade. The passing grade for a course is 10/20.
 
Class participation: Active class participation – this is what makes classes lively and instructive. Come on time and prepared. Class participation is based on quality of comments, not quantity.
Exam policy: In the exam, students will not be allowed to bring any document (except if allowed by the lecturer). Unexcused absences from exams or failure to submit cases will result in zero grades in the calculation of numerical averages. Exams are collected at the end of examination periods.

Academic integrity
Be aware of the rules in Université Paris Dauphine about plagiarism and cheating during exams. All work turned in for this course must be your own work, or that of your own group. Working as part of a group implies that you are an active participant and fully contributed to the output produced by that group.
 

Bibliographie, lectures recommandées :

Bibliography

• A. Scott (2013). The limits of globalization, Routledge, 345 pages.
• D. Guthrie (2012). China and globalization, Taylor & Francis, 360 pages.
• P. Stearns (2016). Globalization in world history second edition, Routledge, 202 pages.