Globalization, Inequality and Institutions
This course aims to explore the relationship between inequality, globalization of economic
markets and institutions. More particularly it tries to answer the questions of why certain
nations are able to adopt institutions and policies that promote equality; under what
conditions, economic, social and political capital foster equality; and what economic policies
need to be put in place. A greater focus is put on the developing world but different regions
are covered depending on the relevancy of the topic. In the first part of the class, the concepts
of inequality (income, opportunity, mobility, inclusion, etc.) are introduced. Then, global
inequalities are discussed both within and across countries. The second part of the class looks
at the implications of global trade, capital markets and privatization for inequality within
developing countries, and how inequalities shape political institutions. In the third part of the
class, the role of global policies in addressing unequal opportunity and global market failures
are analyzed. These topics are studied both from a theoretical and empirical perspective to
enable students with a broad understanding of global issues and policies.
At the end of this course, the students are expected to;
- understand the basic terms about globalization, inequality and institutions
- have sufficient knowledge to apply these concepts in their research
- formulate researchable questions
- to be able to follow and understand the literature related to the subject matter
- be able to follow theoretical and empirical debates about globalization, inequality and
- acquire knowledge of methodologies and assumptions in the study of globalization,
inequality and institutions
- gain skills for presenting and critically discussing scholarly work by others
All of the students are expected to attend and actively participate in the class discussion.
The participation counts for 10% while the presentations make up 20% of your grade for
the course. There is also midterm and final paper, which counts for 30% and 40%
respectively. The grades won’t be based on a curve.
Midterm Exam: 30%
Final Exam: 40%
Late submissions and plagiarism cases are subject to departmental rules.