Globalisation, Trade and Development

MGDI60271 Globalisation, Trade and Development 15 Semester 1 Postgraduate Taught Level 6 Elisa Gambino Unit coordinator Global Development Institute 1 FHEQ level (Framework for Higher Education Qualifications) ' Masters/Integrated Masters P4 ' European Credit Transfer & Accumulation System Rating : 7.5 The Lecture Programme will include: 1: Analytical Approaches to Global Institutions (Public and Private) and Trade Policy 2: The 'Washington Consensus': Trade Liberalisation and the IMF and World Bank 3: The Multilateral Trading System: GATT to the WTO to the Doha Round 4: WTO: Intellectual Property, the TRIPs Agreement and Dispute Settlement issues 5: EU and Regional Trade Agreements 6: International Labour Organisation, Labour Standards and the 'Social Clause' 7: Global Standards and Voluntary Certification 8: Corporate Social Accountability, Fair Trade and Ethical Trade 9: Rising Powers in Global Institutions and the Governance of Trade Rules 10: The Ethica Game: A role play game on Trade Rules, Global Competitiveness and International Development The objective of this course is to analyse current issues, policy debates and theories relating to interactions between public and private global institutions and global trade rules, and the consequences that arise from this for development processes in the Global South.In today's highly integrated world economy, national governments no longer have full control over their strategies for development and industrialisation. At the same time, we are confronted with new and emergent challenges, from meeting international labour standards to addressing climate change, which require global responses. International  institutions like the World Trade Organization, International Monetary Fund and the World Bank, as well as private corporations and non-governmental organisations increasingly play important roles in shaping the 'rules' of trade and thus the developmental experiences of developing countries. Additionally, recent shifts in the global economy - such as the rise of South-South engagement and increasing geopolitical competition - are challenging existing patterns of globalisation. The emphasis of this course is on the challenges and opportunities that these international actors and new global trading rules bring to development policy and outcomes.  The first part of the course focuses on 'public' global institutions and their impacts on the international trade system and development. The second part of the course turns to the influence of 'private' institutions and the role of the Rising Powers (the likes of China,   India and Brazil) in shaping the dynamics of new trade rules, and its consequences for global governance. The final part of the course focuses on current shifts in the global economy, such as trade wars and the return to bilateral and regional trade agreements, thus focusing on what these emerging dynamics mean for development in the global South.  Thus, the course will focus on: the role of government in industrial  development in a globalised world economy; structural adjustment programmes of World Bank and IMF and their impacts on development policy; the role of MNCs and the effects of outsourcing by global buyers and integration into global production networks on export strategies in developing countries; new trading issues in the WTO and EU and their impact on developing countries; the role of global standards in local patterns of development and global production networks; the rise of South-South trade in reshaping global trade; the impacts of trade wars and geopolitical tensions in shaping the development of trajectories of global South countries. The lectures will draw on most recent developments and debates, the regional and country experiences, and theoretical grounds of the subjects.  - support students to analyse key theories and policy debates concerning global trade governance and development  - enable students to critically appraise the interactions between public governance institutions (i.e. WTO), private actors and gloval trade rules  - develop students’ understanding of how these institutions and rules shape development strategies, industrialisation processes and policy space in the global South  - encourage critical engagement with contemporary shifts in the gloval economy, including South-South trade, trade wars, and the resurgence of bilateral and regional trade agreements  - provide conceptual and empirical tools to assess the role of multilateral coroporations, global production networks, gloval standards, and emerging powers in shaping development outcomes- foster the ability to evaluate competing perspectives on the opportunities and challages that global trade governance presents for development and development policy  Through engagement with key debates on global trade, development, and global institutions, students develop the ability to analyse complex policy environments, understand interactions between public and private actors, and critically assess how global rules shape development outcomes in the Global South. These skills are directly relevant to careers in international organisations, government and policy roles, NGOs, consultancy, international business, and development-related professions. The individual video-recorded presentation develops students’ abilities to communicate complex ideas clearly, while the essay supports students in developing their writing skills, independent research skills, and ability to summarise and put different debates in conversation with each other.   <ul><li>Summarise and explain key theoretical approaches to global trade governance, including the role of public and private actors.</li><li>Analyse how global trade rules and institutions interact with national development strategies and industrial policy in the Global South.</li><li>Evaluate the role of multinational corporations, institutions, and standards of global trade in shaping development outcomes.</li></ul>  <ul><li>Critically compare competing theoretical approaches to trade, development, and global governance.</li><li>Apply conceptual frameworks to analyse contemporary issues such as South–South trade, trade wars, and regional trade agreements.</li><li>Synthesise empirical evidence and policy debates to construct coherent arguments.</li></ul>  <ul><li>Locate critical academic and policy sources relevant to global trade and development.  </li><li>Analyse empirical materials, such as reports, case studies, and trade data, to assess development implications.  </li><li>Communicate complex ideas clearly and effectively.</li></ul>   <ul> <li> Analytical abilities and engagement with key bodies of critical literatures</li> <li> Develop practical understanding of key debates in trade policy and their implications for international development</li> <li> Acquire presentation skills though seminars and case study presentations</li> <li> Develop capacity to undertake group-based work</li> </ul> Syllabus:1: Analytical Approaches to Global Institutions (Public and Private) and Trade Policy 2: The 'Washington Consensus': Trade Liberalisation and the IMF and World Bank 3: The Multilateral Trading System: GATT to the WTO to the Doha Round  4: WTO: Intellectual Property, the TRIPs Agreement and Dispute Settlement issues 5: EU and Regional Trade Agreements  6: International Labour Organisation, Labour Standards and the 'Social Clause' 7: Global Standards and Voluntary Certification  8: Corporate Social Accountability, Fair Trade and Ethical Trade  9: Rising Powers in Global Institutions and the Governance of Trade Rules  10: The Ethical Game: A role play game on Trade Rules, Global Competitiveness and International Development  The course is divided into ten weekly lectures. Each lecture will introduce the topic of the week and involve a discussion of a range of concepts and issues. It is important that students read the key readings before each lecture. In addition to the lectures, there are tutorial sessions to discuss specific readings and topics in a smaller group format.  Lectures are designed to be interactive, including components that classes/seminars will build on. This is in line with lecturing approach guided by the pursuit of capturing students’ situational interest by introducing puzzles and questions to the class (Quinlan, 2019).   2 Written assignment (inc essay) 75% 7 Oral assessment/presentation 25% <ul><li>Individual Recorded presentation (5 minutes)</li><li>Written assignment (2,000 words)</li></ul> Feedback provided through VLE within standard turnaround time Y There are no standard textbooks for this module however the following general references are useful readings:  Rodrik, D (2018) Straight Talk on Trade. Princeton University Press.Roberts, A. and Lamp, N. (2021) Six Faces of Globalisation. Harvard University Press.Mwencha, E. (2025) Rising Together: How African Nations can prosper through integration. Action Wealth Publishing.Barrientos, S and Dolan, C (2006) Ethical Sourcing in the Global Food System, Earthscan, London.  Chang, H.J. (ed.) (2003) Rethinking Development Economics, Anthem Press  Dicken, P. (2011) Global Shift: Mapping the Changing Contours of the World Economy, 6 th ed., Sage.  Gruber, L. (2000) Ruling the world: Power politics and the rise of supranational Institutions, Princeton University Press.  Hoekman, B. and Mavroidis, P (2007) World Trade Organisation: Law, Economics and Politics, Routledge.  Peet, R. (2009) Unholy Trinity: the IMF, World Bank and WTO, Zed: London.  Wilkinson, R. (2014) What's wrong with the WTO and how to fix it, Polity Press.  Lectures 20 Tutorials 20 0 110