DÄ—stomi kursai » Globalisation Challenges (GC)
|Course unit code||-|
|Course unit title||Globalisation Challenges|
|Name and title of lecturer(s)||Doc. dr. Stasys Kropas|
|Level of course||pirmosios pakopos,(first, second, third cycle)|
|Semester||Spring, (2, 4, 6, 8)|
|Prerequisites||Basic knowladge of macroeconomy is required.|
|Language of instruction||English|
|Objectives and learning outcomes||The aims of this course is to: introduce students to the essence of the globalization process, to help them understand factors driving globalization; equip students with the theoretical arguments relevant to the debate about globalization; provide students with the relevant information and knowladge to enable them to analize, understand and follow debates on current problems of globalization; allow students to develop economic concepts and analysis skills that will enable them to form opinions on the adequate adjustment policies while meeting chalanges of globalization.|
|Course unit content||This course gives an overview of trends, driving forces and discusses the outlook of globalization. |
It also deals with theoretical considerations of the pros and cons of the globalization and its impact on poverty and income inequality. It then discuss weather more open trade regime leads to an increase of level of inequality and how to find the right balance between economic efficiency and income equality.
Moreover, it considers the globalization’s impact on nation’s economic progress, climate change and people’s life. It also considers implications for other areas of economic policies, such as public finances, labor and product markets.
Furthermore, policy responses to the globalization (with a special emphasis on the experience of small states) are discussed. Finally, global economic policy making environment and the role of the international institutions are defined. Course supplementary materials and assignments for seminars will be distributed throw the lector’s personal website: http://www.kropas.lt
|Reading list||T.L.Friedman. The World is Flat. A Brief History of the Twenty-First Century. Farrar, Straus and Giroux. New York. 2005.|
Rising International Economic Integration opportunities and Challenges. The EU Economy 2005 - Review. Commission of the European Communities, Brussels, 2005, November, 300
Responses to the Challenges of Globalisation. A Study on the International Monetary and Financial System and on Financing for Development. Working document of the commission services, Commission of the European Communities, Brussels, 14 February 2002
Masson, Paul R. Globalization Facts and Figures . Policy Discussion Paper No. 01/4 , November 1, 2001, IMF.
Globalization: Threat or Opportunity? April 12, 2000 (Corrected January 2002), IMF.
|Supplementary readings||Thomas L. Friedman. The Lexus and the Olive Tree, New York, 2000. Whether you agree with Friedman or not, this book is referred to in almost every serious discussion of globalization.|
Joseph Stiglitz. Globalization and Its Discontents, W.W. Norton, 2002, New York.
An inside look at how globalization can be a positive force if the World Bank and International Monetary Fund can get their acts together. Stiglitz, a Nobel Prize winner, is a former World Bank official and member of President Clinton's Council of Economic Advisors.
Greg Palast. The Best Democracy Money Can Buy, Plume Books, 2003, New York.
Palast's collection of newspaper articles has the full title "The Best Democracy Money Can Buy: The Truth About Corporate Cons, Globalization, and High-Finanace Fraudsters." Publisher's Weekly called it a "...polemical indictment of globalization and political corruption."
Income Inequality Issues and Policy Options. A symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, August 27-29, 1998
Michael Mussa., Factors Driving Global Economic Integration. Presented in Jackson Hole, Wyoming at a symposium sponsored by the Federal Reserve Bank of Kansas City on “Global Opportunities and Challenges,” August 25, 2000, IMF.
|Teaching methods||Introductory lectures by instructor. Preparation by students of the overview of literature and presentations on special topics and discussion in-class.|
|Attendance requirements||80 percent attendance to seminars is obligatory. |
|Assessment methods||40% written exam, 40% a term paper, 20% periodic in-class reports of work-in- progress and performance in seminars.|
|Approved by department||-|
|Approved by Committee of the study program||-|
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