SECS-P/01 (ECONOMIA POLITICA)
DIPARTIMENTO DI SCIENZE ECONOMICHE E AZIENDALI
Corso di studio
ECONOMICS, FINANCE AND INTERNATIONAL INTEGRATION - ECONOMIA, FINANZA E INTEGRAZIONE INTERNAZIONALE
International Economic Integration and Development
Primo Semestre (24/09/2018 - 21/12/2018)
66 ore di attività frontale
Knowledge of basic concepts of macro and microeconomics and some knowledge of basic quantitative methods
The course will give the students the opportunity to get acquainted with the fundamental features of international cooperation for development. They will know the major actors in international cooperation: the UN system, the International Financial Institution, the OECD and the European Union, the NGOs and the so called ‘new donors’. The students will also get familiar with all the major policies that have been devised since the nineteen-fifties.
The course will offer a thorough exam of the different types of Financing for Development in particular to support the different Sustainable Development Goals and of the constraints and opportunities that international finance offer to developing countries. In particular the course will examine the sustainability of foreign financing and in particular of foreign debt.
Programma e contenuti
-Demographic and economic indicators. Why people matters.
-The evolution of the notion of development.
-Different indicators for well being; is GDP outdated?
-Beyond 2015: from the MDGs to the SDGs-Sustainable Development Goals
-Natural resources and economic development
-The International economic organisations. The UN system. The DAC Development Assistance Committee of OECD. The European Union. The new actors/stakeholders, China and the BRICs
-The different development strategies. From the Washington consensus to the post-Washington consensus
-The High Level Forums of the 2000s: from Rome to Mexico City and from aid effectiveness to global partnership.
-The peculiarities of the national accounting of a developing economy according to the 2008 UN System of National accounts
-Internal Sources: the Saving-Investment nexus, how to promote it.
-External sources: Grants, Aid, Remittances, FDI, Loans, Portfolio Investments
-Traditnional and innovative sources of financing for development
-The balance of payments and economic growth; the trade and current accounts
-The evolution of the international financial markets since the eighties
-From the debt crisis of the eighties to emerging markets
-The management of foreign debt in a developing economy
-The challenges of the two last Sustainable Development Goals: SDG 17 on global partnership and SDG 16 on peace and justice
Frontal lectures using slides and graphs. Seminars by external experts from international organizations and think tanks. The course will adopt a methodology based on the active participation of the students, which could imply short in-class presentation, but also research activities.
Testi di riferimento
- Gianni Vaggi, Development and the post-2015 challenges: making the Sustainable Development Goals work, University of Pavia, Department of Economics and Management, Working Paper Series, WP n. 107, October.
-Extracts from Gianni Vaggi and Marco Missaglia, Introduzione all’Economia dello sviluppo, Pavia 2009.
-Clara Capelli and Gianni Vaggi, “Why Gross National Disposable Income should Replace Gross National Income”, Development and Change, volume 47, issue 2, March 2016.
-Thirlwall A. P., Balance of payments constrained growth models: history and overview, PSL Quarterly Review, vol. 64 n. 259 (2011), 307-351.
Slides will be available.
Modalità verifica apprendimento
if interested contact the teacher firstname.lastname@example.org