Master in International Markets |
Antonio
Quesada Office hours can be requested at aqa@urv.cat |
Classroom A0.11 · 20 February 2023 - 29 March 2023 Monday 15.00-17:00 and Wednesday 15.00-17:00
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Topics 1. International Political Economy Framing questions, facts and conjectures Political/economic stability/development: Rodrik's trilemma Summary chart (just of Part I and II of the six excerpts below) 2. Global power - geopolitics, geoeconomics, hegemony, conflict, elite dominance Great Divergence, Little Divergence, Rise of the West, Rise of the Rest, Thucydides trap, Rise of China, Sputnik moment, Ian Bremmer's J curve, world-systems analysis: core-periphery, North-South divide, tension belts Cooperation vs conflict: a simple game The Brandt line | The Brandt report ( summary) | Brandt equation 3. Global finance - dollar, international monetary system, inequality, financial trilemmas Kuznets curve, Kuznets waves (by Branko Milanovic), 'elephant curve', Triffin dilemma, new Bretton Woods, 1% vs 99% The elephant curve 1988-2008 (Heleen Mees 2016 How China's Rise Almost Toppled the West) 1980-2016 ( http://wid.world/wp-content/uploads/2018/01/ElephantCurve.pdf ) 4. Global integration - tension integration vs fragmentation, European integration Some questions on globalization Globalization vs deglobalization, slowbalization, globalization waves?, asymmetric globalization, is the world flat or broken? Brief history of globalization (World Economic Forum) Some ideas on finance and integration 5. Global futures - technology, society, ecosystem How Malthusian is the world?, 'rise of the robots'?, Jevons paradox, Does technology make history? Will capitalism die? The Singularity Social progress vs technological progress, Great Convergence Collapse of complex societies, us vs them, Demographic explosion/collapse? Miscellaneous excerpts from books and articles 1. Global integration I (analysis) 2. Global integration II (ideology) 3. Global integration III (inequality, environment, technology) 4. Geopolitics: the rise of China (and 'the Rest') 5. Capitalism, finance, democracy 6. Global integration IV (challenges and future of global integration) |
Evaluation 1. True/false test exam (mainly on the miscellaneous excerpts) on Thursday 29 Mar 2023 · Questions will be in excess supply. You may choose which 80% of the questions to answer. · Wrong answer penalized Value of an incorrect answer = - value of a correct answer · No answer (below the 80% threshold) penalized Value of no answer = -(value of a correct answer)/4 2. Not-too-short, not-too-long essay on 8 books from this list (add to the list the references in the miscellaneous excerpts) · Include in the essay a brief summary of the main points/ideas/results of each book. · Spend no more than one hour on each book (focus on the main message). · Relate, to the extent possible, all those ideas among themselves. · Analyse the ideas critically, exposing virtues and shortcomings, comparing them with: - what other authors have said, - what is generally known or accepted, - with your own view. · Connect the ideas with what has been explained in class. Essays by Niklas and Kendall (with thanks for sharing) · Deadline for the essay submission Send a pdf version of your essay to aqa@urv.cat not later than Sunday 16 April 2023. Footnotes Cartoons · More cartoons US debt clock: a global time bomb? This explains everything: Murphy's law On maps: What does 'the world' look like? Carlo Maria Cipolla's laws of human stupidity (Wikipedia, link, book) Credit Suisse’s Global Wealth Report (2022) Credit Suisse Bloomberg billionaires index European Central Bank key interest rates (01/99 - 02/23) GDP per capita 1870-2016 1950-2016 US vs ARG History of humanity in one chart? (Gregory Clark, Farewell to alms, p. 2) 'The future of the euro area' (2017) by François Villeroy de Galhau (Governor of the Bank of France) | Euro crisis Speech by Lorenzo Bini Smaghi on Tommaso Padoa-Schioppa Quartetto 'The trilemma of a monetary union' (2012) by Hanno Beck and Aloys Prinz |