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OCEU 2125 - Trade Globalisation and the EU Commercial Policy

Type d'enseignement : Seminar

Semester : Spring 2017-2018

Number of hours : 24

Language of tuition : English

Voir les plans de cours et bibliographies

Pre-requisite

Some knowledge of/interest in international economics.

Course Description

This course will consider and discuss three main issues : How trade globalization challenges European economies, affecting their competitiveness, ranking in the world as well as their production systems and social balances; How the EU Trade policy addresses the challenge of trade globalisation and worldwide competition ; Consider the operation of an EU “federal” policy and how the common Trade policy serves the broader EU agenda relating to external policy objectives, sustainable development, rules and standard setting. It will also consider wider aspects of globalization: investment flows, de-industrialization, development opportunities, its social/human impact, how this fosters increasing opposition to globalization and open trade in Western public opinion and how the current backlash against freer trade tends to reshape politics. Each lectures will be available in advance on the dedicated Google drive. A detailed bibliography + reference documents will be available the same way.

Teachers

de LAROUSSILHE, Olivier (Ancien Chef d'unité Commission Européenne (DG Commerce))

Pedagogical format

Each session will focus on one particular topic. A brief presentation will introduce/map out the issue, followed by an interactive part; participation encouraged, with presentations and case studies by students.

Course validation

Assessment will be based on participation (10%), 1 oral presentation (30%), 1 written essay from a choice of topics to be proposed (40%), 1 case study with a (very)short presentation+discussion (20%).

Workload

Following this course will require active participation in the sessions, some reading of suggested core texts as well as some illustrative documents. Reading the lecture in advance will be an asset for understanding and participation.

Required reading

  • P.Lamy: «The new world of trade», a lecture at ECIPE, March 2015 (a bright introduction to the latest developments in world trade). http://www.ecipe.org/app/uploads/2015/05/JAN-Tumlir-POLICE-Essays-—-20151.pdf
  • Arvind Subramanian and Martin Kessler: “The Hyperglobalization of Trade and Its Future”, The Peterson Institute for International Economics, July 2013. http://www.piie.com/publications/wp/wp13-6.pdf
  • McKinsey Global Institute (MGI): "Trading myths, Addressing misconceptions about trade, jobs, and competitiveness", May 2012. http://www.mckinsey.com/insights/mgi/research/productivity_competitiveness_and_growth/six_myths_about_trade
  • Sophie Meunier: "Trading voices: the European Union in international commercial negotiations", Princeton, N.J.; Princeton University Press, Oxford 2005. (En français : "L'Union fait la force : l'Europe dans les négociations commerciales internationales", Presses de Sciences Po, Paris 2005)

Additional required reading

  • Paul Krugman, Maurice Obstfeld : "International economics : theory and policy", Boston, MA : Pearson/Addison-Wesley, 2010. (The economic basics of international trade)
  • WTO World Trade Report 2013: Factors shaping the future of world trade (2014 and 2015 also available) http://www.wto.org/english/res_e/booksp_e/world_trade_report13_e.pdf
  • Paul Krugman: "Is Free Trade Passé?", The Journal of Economic perspectives, vol. I, No. 2. (Fall, 1987), no 1, 1987. http://bss.sfsu.edu/jmoss/resources/Is%20Free%20Trade%20Passe.pdf
  • P.Lamy: “Global governance, the issue of values”, Notre Europe, January 2013 ; http://www.notre-europe.eu/media/valuesglobalgovernancelamyne-ijdjan13.pdf?pdf=ok
  • Jagdish N Bhagwati : "In defense of globalization", New York : Oxford University Press, 2004
  • Joseph E. Stiglitz : "Fair trade for all, how trade can promote development"; Oxford University Press, Oxford, 2005

Plans de cours et bibliographies