Master in International Markets |
Antonio
Quesada Office hours can be requested at aqa@urv.cat |
Classroom A2.2
· 27 September 2018 - 25 January 2019 Thursday 15:00-17:00 (effective: 15:05-16:45) · Population · Granville · Last day
|
Lecture notes and links Session 1. General ideas | A summary of questions and ideas from the 2017 course | Conceptual map Session 2. Big history, globalization waves, automation, economic paradox of the technological singularity Geological time scale (Gaia Vince, 2014, Adventures in the Anthropocene) How to mislead with charts Chart 1 Chart 2 (Chris Martenson, 2011, The unsustainable future of our economy) Session 3. Longest-run globalization, globalism, Rodrik's trilemma, 'paradoxes,' sustainability, collapse Longest-run globalization: Human expansion | Domestication | Societies (Neil Roberts, 2014, Holocene: Environmental history) GDP per capita (Angus Maddison) | 1820-2010 A few Many | 1945-2010 The 100 most influential people in history? (Michael H. Hart, 1993) Reality vs the perception of reality (scale effects) On maps: What does 'the world' look like? Inequality (The elephant curve, http://prospect.org/article/worlds-inequality) 50 ideas on the future (Richard Watson, 2012) What will happen doing business as usual ( The limits to growth, 1972, Donella Meadows et al) Planetary boundaries (http://science.sciencemag.org/content/347/6223/1259855) Epochs of resource-based development (E Barbier, 2011, How economies have developed through natural resource exploitation) Two views on environmental impacts Doomsady Clock ( Wikipedia ) Tech, social, political, economic change (Alexandru Vulpe, 2016, '“Technology Advancements in 2050') Asians vs Westerners (R Nisbett 2003: How Asians and Westerners think differently and why, p. 141) Session 4. Globalization slowdown, inconsistent quartet, Triffin general dilemma, Bremmer's J curve, winners & losers Currency areas in 2004 (R A Mundell, 2003, 'The International Monetary System and the case for a world currency') World GPD in the last 500 years (Jin Kay, 2017, Rising China in a changing world) World trade network (Peter Dicken, 2015, Mapping the changing contours of the world economy) GDP per capita (Peter Dicken, 2015, Mapping the changing contours of the world economy) Kondratiev long waves (Peter Dicken, 2015, Mapping the changing contours of the world economy) Inequality (developed countries) (Peter Dicken, 2015, Mapping the changing contours of the world economy) Inequality (developing countries) (Peter Dicken, 2015, Mapping the changing contours of the world economy) Cities (Peter Dicken, 2015, Mapping the changing contours of the world economy) Dow Jones | 1928-2018 | 1928-1953 | 1986-2018 | 2008-2018 | 2016-2018 | 2018 | GDP per capita (Angus Maddison) BRA MOR PHL IRN SPA SVK TUR VEN | 1830-2016 | 1930-2016 Session 5. Dying democracies, more trilemmas, AI, old/new power, migration, Kuznets waves, Richistan The elephant curve of global inequality Session 6. Curses, technology, laws of sociodynamics, global order, future of civilization, Trumponomics, 2052 AI: they are here... (07/12/17: Google's AlphaZero destroys Stockfish 8, the 2016 computer chess world champion after learning how to play chess in four hours) Planetary boundaries | Reports to the Club of Rome | Model by Jorgen Randers (2052: A global forecast) Kondratiev innovation waves | Human development index vs ecological footprint Forecast under the 'business as usual' assumption (H Meadows et al, 1972, The limits to growth) Possible futures (Paul Raskins, Taxonomy of the future) | Convergence? The four-generation theory on the cyclicity of history (Ibn Khaldun, in Robert Greene, 2018, The laws of human nature) Data and reality: an example of manipulation | Reality is fuzzy (Evolution of poverty, Johan Norberg, 2016, Progress: Ten reasons to look forward to the future) Session 7. Local money, capitalism, democracy, AI trends, globalization myths, networks, climate change, humanity's challenges Session 8. China, historical dynamics, inequality, views of globalization, plural sector, core/periphery, the future, post-labour world, global change, us vs them, G-zero world Session 9. Faces of globalization: economic, political and social (Part I) Session 10. Faces of globalization: economic, political and social (Part II) Session X. A 100-minute crash course in globalization (coming soon) More links World economic forum | Signs of a US collapse in 2018 | World economics How globalizable is the Solar System? If the Moon were one pixel The rise of bullshit jobs (D. Graeber) World values survey (see the Inglehart-Welzel cultural map 2010-2014) Global debt database | Liberal world order, RIP? | Project Syndicate | Twilight of the euro? Globalization of the economy (Global Policy Forum) | World Trade Organization · Documents and resources What do we actually know about the economy? (P Krugman) | US-China trade: next cold war? IMF World Economic Outlook 2018 | World Bank Development Indicators | KOF globalization index Seven challenges to globalization World Economic Forum The President of the European Commission in action (thanks to David and, of course, Jean-Claude) |
Evaluation
All the following activities are voluntary 0. Attendance (at least 11-12 of the 14 sessions) 1. Multiple-choice test · 10th January, 2019 · 30 questions · 4 options · Error penalized (You have to sit this exam to obtain a top-level mark) 2. Essay · To be delivered preferable by e-mail as a pdf attachment not later than the 30th of January, 2019 (The maximum mark obtainable by just writing the essay is around 7/8 over 10) Suggestions > A few pages long (anything between 4/5 to 10/12) > Focus the essay on a specific topic/question/issue: avoid broad topics or a multiplicity of topics > Try to formulate one or two basic questions to which the essay will be the answer > Try to define alternative views of the question you analyze and provide convincing reasons to support your view and to discard the other views > Identify the main ideas of the course and connect your analysis with those ideas (For instance, since Rodrik's trilemma is one of those main ideas, you could discuss how relevant this result is for the question that is studied in your essay. Also, how is your question/topic affected by/related to the different dimensions of globalization: economic, political, social, technological, ecological?) > The essay could be based on the chapter of a book, an academic article, some report written by some think-tank or international organization or a piece of news: summarize, comment, discuss, criticize... the main ideas presented in the chapter, article, report or news > The essay could identify and develop the essentials of some topic that you find missing in the course > The essay could be a 5-page crash course in globalization > The essay could as well be about what you liked/disliked in the course and what you would add/remove/change > The essay could discuss how a specific country is affected by the globalization dimensions presented in the course > The essay could describe the contents you would teach in a 'Challenges of globalization' course, motivating both the selection of contents and their organization 3. Presentation and seminar · 30th January, 2019 · 15.00 · Classroom to be announced (The essays will be summarily presented and participants will be allowed to make questions to the speaker. Presentations, questions and answers will be taken into account to set the final mark.) 4. Class participation (mainly in the final five sessions) 5. Would you like to review some essay written by a classmate? 6. Other activities students may suggest Links Sveriges Riksbank Prize in Economic Sciences 2018 to William D. Nordhaus and Paul M. Romer | 8 Oct 2018 Nobelprize.com | Washington Post | NY Times | Guardian "For integrating climate change into long-run macroeconomic analysis" (William D. Nordhaus) "For integrating technological innovations into long-run macroeconomic analysis" (Paul M. Romer) National Intelligence Council Global Trends 2030 | Global Trends 2030 Report Global trends World inequality report 2018 | World inequality lab US debt clock World population clock The new 95 theses 44. 'The current system of higher education perpetuates inequalities in wealth and power.' 46. 'The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters' Adam Smith, The Wealth of Nations 48. 'The people who give exams or evaluate essays and the people who teach should not be one and the same.' 93. 'The future of education will be (i) asynchronous & synchronous, here & there, (ii) decentralized, the best content from wherever, (iii) customized — Aristotle for an army of Alexanders, (iv) with attention to measuring improvements at the edge of competence (v) accessible to all for cheap, and (vi) global.' Are we happier? Yearbooks from American high schools (1905-2013) Average faces 1 2 3 4 | Game Face research 1% vs 99% Message by Stephen Hawking (1942-2018) The Stephen Hawking Tribute by Vangelis Transhumanism (seeking the triple S: superintelligence, superlongevity, superhappiness) Journal of Evolution and Technology 'Identity, immortality, happiness: Pick two' (S Edelman, 2018) Top 10 companies (2018) By revenue ( source) By market value ( source) The giants 1 | 2 (Peter Phillips, 2018, Giants: The global power elite) Energy per capita | The fossil fuels era (Antoine Bret, 2014, The energy-climate continuum) Number of countries suffering from banking crises (Hugh Rockoff i Isao Suto, 2018, Coping with financial crises) Global population | Emissions | Issues | KOF 1970 | KOF 2016 Planetary boundaries 'The sharing economy has been seized by big money' | Evgeny Morozov The Guardian 27/11/18 'Il faut moraliser la mondialisation' | Klaus Schwab Le Figaro 13/12/18 'A summary of the evidence that most published research is false' List of globalization-related journals | Wikipedia Illusions A shocking illusion (N Wade (2015) Art and illusionists, p.12) Albert or Marilyn? | Another illusion (N Wade (2015) Art and illusionists) Dynamic Müller-Lyer illusion · Dynamic M-L again Slides to hallucinate More illusions 1 2 3 4 5 6 Fun? Optimism | It works | Jungle | Grading | It works |