Syllabus - The Graduate Institute, Geneva

PROFESSOR
Department of International Economics
Academic year 2014 - 2015
Richard Baldwin
[email protected]
Topics in International Trade
Office : MdP-P1-801
Phone : +41 22 908 45 80
EI029 - Autumn - 6 ECTS
Course Description
This course covers current topics in international
trade with an emphasis on theory. This year’s
concentration will be on international production
unbundling, global value chains, etc.
Syllabus
Lec day Time
Rm
1 Thr 10h15 S1
2
Fri 12h15 TBC
3 Thr 10h15 S1
4
Fri 12h15 TBC
5 Thr 10h15 S1
6
Fri 12h15 TBC
7 Thr 10h15 S1
8 Thr 10h15 S1
9 Thr 10h15 S1
10 Thr 10h15 S1
Date
Thu,
18/09/2014
Fri,
26/09/2014
Thu,
02/10/2014
Fri,
10/10/2014
Thu,
23/10/2014
Fri,
24/10/2014
Thu,
30/10/2014
Thu,
06/11/2014
Thu,
13/11/2014
Thu,
20/11/2014
Topic
Misthinking Globalisation - The GVC revolution and its
consequences - part 1
Misthinking Globalisation - The GVC revolution and its
consequences - part 2
Long history of globalisation in brief
Facts that fit standard trade theory: Goods, services, firms
& FDI
Supply-chain trade facts
Smile Curve facts
GVC theories: Economic Theories & Gereffi Models part 1
GVC theories: Economic Theories & Gereffi Models part 2
Misthinking trade, industrialisation and development
Political economy of liberalisation & postwar narrative
Chemin Eugène-Rigot 2 | CP 136 - CH-1211 Genève 21 | +41 22 908 57 00 | graduateinstitute.ch
MAISON DE LA PAIX
11 Thr 10h15 S1
12
Fri 12h15 TBC
13 Thr 10h15 S1
14
Fri 12h15 TBC
Thu,
27/11/2014
Fri,
28/11/2014
Thu,
04/12/2014
Fri,
05/12/2014
Postwar trade liberalisation narrartive (continued)
Misthinking global trade institutions and initiatives - part
1
Misthinking global trade institutions and initiatives - part
2
Misthinking global trade institutions and initiatives - part
3
Grading
Grades will be based on the mid-term (50%) and final exams (50%).
The students should be well aware of the institute’s regulation on the exam and grading, which should be available at
the administration. A make-up exam for those who have legitimate reasons (mainly illness with doctor’s certificate)
of being absent for the exam can be arranged. There is no make-up exam in case you fail the final exam, but you can
re-register for the course in the next academic year.
Readings
Readings by lecture
Misthinking Globalisation - The GVC revolution and its consequences - part 1 & 2
Baldwin, R. (2006). “Globalisation: the great unbundling(s),” Chapter 1, in Globalisation
challenges for Europe, Secretariat of the Economic Council, Finnish Prime Minister’s Office,
Helsinki, 2006; ISBN 952-5631-15-X.
Baldwin, Richard and Simon J. Evenett (2012).“Value Creation and Trade in 21st Century
Manufacturing: What Policies for UK manufacturing?”, in eBook
http://www.voxeu.org/epubs/cepr-reports/uk-global-world
Baldwin, Richard and Rikard Forslid (2014). “The development and future of Factory Asia”,
manuscript. (see for TOSP framework).
Baldwin, Richard & Venables, Anthony J., 2013. "Spiders and snakes: Offshoring and
agglomeration in the global economy," Journal of International Economics, vol. 90(2), pages
245-254. Also NBER WP 16611, December 2010.
Long history of globalisation in brief
MG Manuscript chapter.
On economics of 1UB, see Section 2 in Baldwin, Richard (2013). “Factory-free Europe? A
two unbundlings perspective on Europe’s 20th century manufacturing miracle and 21st
century manufacturing malaise”, manuscript (easy to find with google)
Facts that fit standard trade theory: Goods, services, firms & FDI
Globalisation and trade, Chap B & C, World Trade Report, 2008
Supply-chain trade facts
Baldwin, Richard and Javier Lopez-Gonzalez (2013). “Supply-Chain Trade: A Portrait of
Global Patterns and Several Testable Hypotheses”, NBER Working Paper No. 18957, April
2013. Eventually published in The World Economy, 13 MAY 2014, DOI:
10.1111/twec.12189
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Smile Curve facts
Baldwin, Richard, Tadashi Ito and Hitoshi Sato (2014). "Portrait of Factory Asia: Production
network in Asia and its implication for growth - the 'smile curve'", manuscript.
GVC theories: Economic Theories & Gereffi Models - part 1
Grossman & Rossi-Hansberg, Baldwin and Robert-Nicoud, Costintot, etc
GVC theories: Economic Theories & Gereffi Models - part 2
Gereffi slides
Misthinking trade, industrialisation and development
Baldwin, Richard (2011). “Trade and industrialisation after globalisation's 2nd unbundling:
How building and joining a supply chain are different and why it matters, “ NBER Working
Paper No. 17716. Eventually published as: Trade and Industrialization after Globalization’s
Second Unbundling: How Building and Joining a Supply Chain Are Different and Why it
Matters, Richard Baldwin. in Globalization in an Age of Crisis: Multilateral Economic
Cooperation in the Twenty-First Century, Feenstra and Taylor. 2014
Political economy of liberalisation & postwar narrative
Richard E. Baldwin, 2006."Multilateralising Regionalism: Spaghetti Bowls as Building Blocs
on the Path to Global Free Trade," The World Economy, Wiley Blackwell, vol. 29(11), pages
1451-1518, November.
Postwar trade liberalisation narrartive (continued)
Understanding the GATT’s wins and the WTO’s woes, CEPR Policy Insight No.49, June
2010.
Misthinking global trade institutions and initiatives - part 1
Baldwin, Richard (2011). “21st Century Regionalism: Filling the gap between 21st century
trade and 20th century trade rules”, CEPR Policy Insight No. 56
Misthinking global trade institutions and initiatives - part 2
Baldwin, Richard (2013), “Multilateralising 21st century regionalism”,
http://www.oecd.org/tad/events/OECD-gft-2014-multilateralising-21st-century-regionalismbaldwin-paper.pdf
Misthinking global trade institutions and initiatives - part 3
Baldwin (2012) WTO 2.0, CEPR Policy Insight
http://dev3.cepr.org/pubs/PolicyInsights/PolicyInsight64.pdf
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