I. PRE-MODERN INTERNATIONAL ECONOMIC HISTORY (1000-1750)
This part of the course covers topics in International Economic History from the Middle Ages to the eighteenth century. It does not give a detailed economic history of particular national economies. Nevertheless, you will be required to be familiar with the following historical background readings:
CAMERON, R. and NEAL,
L. (2003), A Concise History of the World: From Paleolithic
Times to the Present.
CIPOLLA
C. M. (1980). Before the Industrial Revolution: European
Society and Economy, 1000-1700.
Tema 1. Neoclassical Predictions and Economic History
1.1 General Introduction to Course.
1.2 The Heckscher-Ohlin Model.
1.3 New Institutional Economics.
Bibliografia
(m) 1.3 COASE, R. H. (1937), “The Nature of the Firm”. Economica,
4(16): 386-405.
(m)
1.3 NORTH, Douglass C. (1991). Institutions,.
(m) 1.2
O’ROURKE, Kevin and Jeffrey WILLIAMSON. (2002). “The Heckscher-Ohlin
model between 1400 and 2000: when it explained factor price
convergence, when it did not, and why,” in R. FINDLAY, L. JONUNG
and M. LUNDAHL (eds.), Bertil Ohlin: A Centennial Celebration
1899-1999 (MIT Press, 2002), 431-461. (Accessible online
through UPF library)
Tema 2. Barriers to Globalization
2.1 Transportation Costs.
2.2 Institutions and Property Rights.
2.3 Agency and Enforcement.
Bibliografia
2.2 ACEMOGLU Daron, Simon JOHNSON and
James ROBINSON (2005). “The Rise of
(m) 2.3 GREIF A., (1992), "Institutions and International Trade: Lessons from the Commercial Revolution." American Economic Review, 82 (2), pp.
*2.1 MASSCHAELE, James. (1993).
“Transport Costs in Medieval
2.2 NORTH, D. C., (1989), “Institutions and Economic Growth: An Historical Introduction,” World Development, 17 (9):1319-1332.
(m) 2.2 NORTH, D. C., and
B. R. WEINGAST (1989). “Constitutions and Commitment: The Evolution
of Institutions Governing Public Choice in Seventeenth-Century
Tema 3. Commodity Markets
3.1 English Overseas Trade
and Trade Policy.
3.2 Political Barriers to Growth and Trade.
3.3 Commodity Market Integration.
Bibliografia
(m)*3.1 ATACK, J. and PASSELL, P. (1994),
A New Economic View of American History: from Colonial Times
to 1940,
*3.1 CAMERON R. and NEAL,
L. (2003), A Concise History of the World: From Paleolithic
Times to the Present.
(m) 3.2
DE LONG, B., and, A. SHLEIFER. (1993). “Princes and Merchants:
3.2 EPSTEIN Larry. (2000).
Freedom and growth: The rise of states and markets in Europe,
1300-1750,
(m) 3.3
O’ROURKE, Kevin, and, Jeffrey WILLIAMSON. (2002). “After Columbus:
explaining the global trade boom 1500-
3.3 FINDLAY
Ronald and Kevin O’ROURKE (2003) “Commodity market integration,
1500-
*3.1 WALTON, G. M. (1971),
“The New Economic History and the Burden of the Navigation Acts,”
Economic History Review, 24, 2nd series (4):
533-542.
Tema 4. Money and Capital Markets
4.1 Famous first bubbles:
The
4.2 Money and Banking.
4.3 Financial Markets.
Bibliografia
*4.1 GARBER, P.M.
(1990), “Famous first bubbles,” Journal of Economic Perspectives,
4 (2):35-54.
(m)
4.3 HOFFMAN, Philip, Gilles POSTEL-VINAY and Jean-Laurent ROSENTHAL, (1992).
“Private Credit
Markets in
*4.1 NEAL, L.D. (1990). "How the South Sea Bubble was blown up and burst: A new look at old data," in E.N. White (ed.) Crashes and Panics. Business One Irwin.
(m) 4.3 NEAL, L. D. (2000).
“How it all began: the monetary and financial architecture of
(m)* 4.1 TEMIN, Peter and
Hans-Joachim VOTH (2004). “Riding the
4.3 WOLF,
Nikolaus and Oliver VOLCKART. (2006). “Estimating Financial
Integration in the Middle Ages: What can we learn from a TAR-model?”
Journal of Economic History, 66(1):122-139.
II.
MODERN INTERNATIONAL ECONOMIC HISTORY
This
second part of the course covers the economic history of the
globalization process during 19th and 20th
centuries. The manual (m=mandatory reading) for this part II
of the course is:
(m)
BORDO, M; TAYLOR, A.; WILLIAMSON J.G. (eds.) (2003): Globalization
in Historical Perspective, University of
Pages/chapters
of books from the readings recommended for the students’ presentations
(*) shall be agreeded in the Oficce Hours.
Tema
5. Globalization and the Industrial Revolution
5.1.
From mercantilism to the first global era.
5.2. Industrialization in the Core: Trade Policies.
5.3.
Bibliografia
*(m)O’ROURKE,
K., J. G. WILLIAMSON (2000): “The Politics of Free Trade: Repeal
of the Corn Laws”, in O’ROURKE,
Williamson, Globalization and History, pp.77-92
*(m)
FLANDREAU, M. (2006): “Does bilateralism promote trade? Nineteenth
century liberalization revisited” in http://www.econ.upf.edu/docs/seminars/flandreau.pdf
*PERSSON
(1999): Grain Markets in Europe, 1500-1900: integration and
deregulation, Cambriddge, CUP.
(m)
FOGEL, R.; ENGERMAN, S. (1974): Time on the Cross: The Economics
of American Negro Slavery. Boston: Little Brown.pp.
MORGAN,
K., (2000): Slavery, Atlantic Trade and the British Economy,
1600-1800. Cambridge, CUP.
SOLOW,
B. (ed.) (1991): Slavery and the Rise of the Atlantic System,
Cambridge, CUP.
Tema
6. Globalization in the Periphery: De-Industrialization
and Protection
6.1
The De-industrialization of India.
6.2
Tariff Barriers in Latin America.
6.3
The role of the comodity lottery and implications for development
and inequality.
(m)*CLINGINGSMITH,
D.; WILLIAMSON, J.G.(2005): Mugal Decline, Climate Change, and
*WILLIAMSON,
J.G. (2004): De-Industrialization and Underdevelopment: A comparative
Assesment Around the Periphery 1750-1939. Mimeo.
http://www.economics.harvard.edu/faculty/jwilliam/papers/DeIndEHW1204.pdf
(m)
D.ACEMOGLU et. Alt. (2002): “Reversal of Fortune. Geography
and Development in the Making of the Modern World Income Distribution”
Quaterly Journal of Economics (4: 2002), 1231-94.
(m)
BLATTMAN, C.; CLEMENS, M.A., WILLIAMSON (2005): Who Protected
and Why? Tariffs the World Around, 1870-1938, Mimeo.
http://www.economics.harvard.edu/faculty/jwilliam/papers/Tariffs_Dublin.pdf
Tema
7. Emergence of Global Factor Markets: Labor and Capital
7.1
The age of mass migration.
7.2
Convergence and prices.
7.3
Money and capital markets.
Bibliografia
*HATTON, T.;
WILLIAMSON, J.G. (1998): The Age of Mass Migration: Causes and
Economic Impact,
(m)
O’ROURKE, K.; WILLIAMSON, J.G. (2002): “The Heckscher-Ohlin
model between 1400 and 2000: when it expanded
factor price convergence, when it did not, anhd why”,
in FINDLAY, R., JONUNG, L.; LUNDAHL, M. (ed.): Bertil Ohlin: A Centennial Celebration 1899-1999.
MIT Press. (library electronic ressource).
(m)
M. OBSFELD, A.TAYLOR (2003): “Globalization and Capital
Markets” in BORDO, M.D.; TAYLOR, A.M.; WILLIAMSON, J.G. (ed.)
Globalization in Historical Perspective. University of Chicago
Press/NBER. Pp. 121-190.
(m)
O’ROURKE, WILLIAMSON (2000): “Globalization, Relative Factor
Price Convergence and Inequality”, in
Globalization and History, MIT Press.
Tema
8. Globalization Backlash in the 20th Century
8.1
The Great Depression.
8.2
Regionalization and the postwar order.
8.3
De globalization from the periphery.
Bibliografia
*(m)TEMIN,
P. (1989): Lessons from the Great Depression, MIT Press.
MARGLIN,
S.; SCHOR, J. (1991): The Golden Age of Capitalism, Oxford Clarendon.
(m)
BATES, R.; COATSWORTH, J.; WILLIAMSON, J.G. (2006): Lost Decades:
Lessons from Post-Independence Latin America for Today’s Africa,
Mimeo.
http://economics.harvard.edu/faculty/jwilliam/papers/LostDecades.pdf
Tema
9. The Second Global Era
9.1
The emergence of China and India.
9.2
The new impact of migration movements.
9.3
Globalization and inequality as if all citizens mattered: the
gender approach.
Bibliografia
*DEVLIN, R.,
ESTEVADEORDAL, A., RODRÍGUEZ-CLARE, A. (2006): The Emergence
of
(m)HATTON,
T.; WILLIAMSON, J.G. (2005): Global Migration and the World
Economy: Two Centuries of Policy and Pêrformance, MIT Press.
*(m)SALA-i-MARTIN,
X. (2006): “The World Distribution of Income: Falling Poverty
and... Convergence period”, Quaterly Journal of Economics, 121:2,
may.
WP
version at http://www.econ.upf.edu/docs/papers/downloads/616.pdf
(m)
CAMPS, E.; CAMOU, M.; MAUBRIGADES, S.; MORA-SITJA, N. (2006):
“Globalization and wage inequality in South and East Asia and
Latin America: a gender approach”, mimeo.
http://www.econ.upf.edu/docs/papers/downloads/970.pdf
Tema
10. Globalization and Inequality in the Long Run
10.1
When and why do countires diverge?
10.2
When and why do countires converge?
10.3
Does globalization make the world more unequal?
Bibliografia
*ALLEN, R.
(2001): “The Great Divergence in European Wages and Prices from
Middle Ages to the First World War”, Explorations of Economic
History, october, pp. 411- 447.
(m)BOURGUIGNON,
F.; MORRISON (2002) “Inequality among World Citizens, 1820-
POMERANZ,
K. (2000): The Great Divergence: China, Europe and the making
of the Modern World Economy, Princeton.
*(m)LINDERT,
P.H.; WILLIAMSON, J.G. (2003): “Does Globalization Make the
World More Unequal” in BORDO, M.; TAYLOR, A.M.; WILLIAMSON,
J.G., Globalization in Historical Perspective, Cambridge Ma:
NBER.pp.227-278
*VAN
ZANDEN, JL “Global Income Distribution and Convergence, 1800-
*(m)ALLEN,
R.; J.P. BASSINO, D.MA, C. MOLL-MURATA, VAN ZANDEN “Wages, Prices,
and Living Standards in China,
Japan and Europe, 1738-
*EASTERLY,
W(2007): “Was Development Assistance a mistake?” http://www.nyu.edu/fas/institute/dri/Easterly/File/Was_Development_Assistance_a_Mistake.pdf
*VILA-ARTADI,
E.; SALA-i-MARTIN, X. “The Economic Tragedy of the XXth Century:
Growth in Africa” http://www.econ.upf.edu/docs/papers/dowloads/684.pdf
Lecture
Schedule and
You are urged to do the readings on schedule, as the lectures will presume familiarity with the material. All readings on the syllabus marked with (m) are mandatory. The other readings are highly recommended.
- Class participation (10%). Class discussion is an essential
component of this tutorial. Be prepared to discuss the assigned
readings in class.
- Group assignment (20%). You will be required to prepare a
1 hour presentation in groups of 3-4 students about one of the
topics listed below.
- Final exam (70%).