Trade and Development
E779 | Autumn | 6ECTS
Development, trade and their interlinkages are among the most controversial topics of today. Economics has much to say concerning these issues, and constitutes a powerful tool in terms of debunking commonly held misperceptions. This course will consider a number of topics associated with the links between international trade and development, including: tariffs and structural barriers to trade, global and regional trade agreements, trade policy in developing countries, factor mobility, preferential trade agreements, intellectual property rights, trade and environment, technical change and productivity growth, trade finance. A particular emphasis will be placed on the consequences of trade openness on outcomes in developing countries, i.e. on inequalities, growth and poverty, institutions and financial development, the impact of export instability and countries’ specialisation, terms of trade, financial crises.