HISTORY OF GLOBALIZATION
Learning outcomes of the course unit
Students will acquire the necessary skills (economic as well as cultural) to understand when and where globalization has begun, and to recognize which factors explain the unprecedented growth that, after the 19th century, has taken place in the world economy. A framework as such will allow to critically tackle the complex structure of the international economy, and to overcome the idea that the Western world is the only player of processes that by now are developing on a global scale.
A basic knowledge of economic history
Course contents summary
The course takes into analysis the globalization of economy in a long term historical perspective (from the 16th c. up to today) and using a broad geographical angle (Europe, America, Asia and Africa). To do so, a set of crucial topics will be considered: the “economy-worlds” before globalization (Europe, China, and India); the integration of commodities and capital markets; the impact of developments in transportation and communication; the process of economic convergence; the dialectical interaction between markets regulation and deregulation; global and local crises.
Selected chapters from Globalization in historical perspective, ed. by M.D. Bordo, A.M. Taylor, and J.G. Williamson, National Bureau of Economic Research-The University of Chicago Press, Chicago-London, 2003, plus a number of integrative readings.
Lectures, integrated by guided discussions and practical tests
Assessment methods and criteria