CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013

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10]1]2013




CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
1 of 16

1A8LL CI CCN1LN1S
Lead laculLy ............................................................................................................................................................ 2
CuesL LecLurers ....................................................................................................................................................... 2
laculLy SupporL 1eam ............................................................................................................................................. 3
WhaL ls Lhe course abouL? ...................................................................................................................................... 3
key CuesLlons ..................................................................................................................................................... 3
WhaL does Lhe course lnclude? .............................................................................................................................. 3
Course SecLlon CuLllne ....................................................................................................................................... 4
WhaL wlll l learn ln Lhe course? .............................................................................................................................. 3
WhaL should we expecL from each oLher? ............................................................................................................. 3
WhaL you can LxpecL from rofessor Moran and Lhe course Leam ................................................................... 3
WhaL you can expecL from edx .......................................................................................................................... 3
WhaL we expecL from you .................................................................................................................................. 3
Appendlx A: ueLalled Course SecLlon CuLllne ......................................................................................................... 8
1. 8esource Curse & SweaLshops (8elease: CcLober 1, 2013) ........................................................................ 8
2. Supply Chalns, 1rade & lnvesLmenL (8elease: CcLober 8, 2013) ................................................................. 9
3. Cood !obs, 8ad !obs & Wage lnequallLy (8elease: CcLober 13, 2013) ...................................................... 10
4. lndusLrlal ollcy, unfalr racLlces & 1rade ueflclLs (8elease: CcLober 22, 2013) ..................................... 12
3. lnward lul: 8eneflLs, CosLs & naLlonal SecurlLy 1hreaLs (8elease: CcLober 29, 2013) ............................. 13
6. CuLward lul: 8unaway lanLs or uomesLlc CpporLunlLles? (8elease: november 3, 2013) ...................... 13
7. ollcles Lo SLrengLhen a ueveloped CounLry (8elease: november 12, 2013) ........................................... 13
Appendlx 8: Learnlng CheckllsL ............................................................................................................................. 13
1he 8esource Curse & SweaLshops - Week 1: CcLober 1-7 ............................................................................. 13
Supply Chalns, 1rade & lnvesLmenL - Week 2: CcLober 8-14 .......................................................................... 13
Cood [obs, 8ad !obs & Wage lnequallLy - Week 3: CcLober 13-21 .................................................................. 13
lndusLrlal ollcy, unfalr racLlces & 1rade ueflclLs - Week 4: CcLober 22-28 ................................................. 16
lnward lul: 8eneflLs, CosLs & naLlonal SecurlLy 1hreaLs - Week 3: CcLober 29-november 4 ......................... 16
CuLward lul: 8unaway lanLs or uomesLlc CpporLunlLles? - Week 6: november 3-11 ................................. 16
ollcles Lo SLrengLhen a ueveloped counLry - Week 7: november 12-18 ....................................................... 16
Course Wrap-up - Week 8: november 19- 26, 2013 ........................................................................................ 16



CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
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!"#$%"&'%(!"#$% '!##()% *#+ ,"!"#!$ !"#$$%&'%( *+,
!"#"$%&"! ()! !"#"$%!"#$ &'(#)*"+,
WPC A8L 1PL WlnnL8S Anu LCSL8S Cl CLC8ALlZA1lCn? WPA1 SPCuLu 8L uCnL 1C
lM8CvL Cu1CCMLS lC8 ALL?
nC1L: 1he course wlll be archlved for Lhe followlng duraLlon: Novembet 27, 201J-Moy 24, 2014. no
cerLlflcaLes wlll be lssued for work compleLed afLer november 26, 2013.
LLAD IACUL1
1beoJote n. Motoo, ltofessot
ur. Moran holds Lhe Marcus Wallenberg Chalr ln lnLernaLlonal 8uslness and llnance aL Lhe School of lorelgn
Servlce, CeorgeLown unlverslLy, where he Leaches and conducLs research aL Lhe lnLersecLlon of lnLernaLlonal
economlcs, buslness, forelgn affalrs, and publlc pollcy. ur. Moran ls founder of Lhe Landegger rogram ln
lnLernaLlonal 8uslness ulplomacy, and serves as ulrecLor.
GULS1 LLC1UkLkS
! Iobo klloe
rofessor of lnLernaLlonal 8uslness ulplomacy ln Lhe School of lorelgn Servlce, CeorgeLown unlverslLy
! lloJsoy OlJeoskl
AssoclaLe rofessor ln Lhe lnLernaLlonal 8uslness ulplomacy rogram aL Lhe School of lorelgn Servlce,
CeorgeLown unlverslLy
! 5cott 1oylot
AssoclaLe rofessor and ulrecLor of Lhe Afrlcan SLudles rogram, CeorgeLown unlverslLy
! kote McNomoto
AssoclaLe rofessor of CovernmenL and lorelgn Servlce and ulrecLor of Lhe MorLara CenLer for
lnLernaLlonal SLudles, CeorgeLown unlverslLy
! Aooo Motlo MoyJo
AssoclaLe rofessor of Lconomlcs aL CeorgeLown unlverslLy, wlLh a [olnL appolnLmenL ln Lhe
ueparLmenL of Lconomlcs and Lhe School of lorelgn Servlce
! koJoey loJemo
AssoclaLe rofessor aL CeorgeLown unlverslLy, wlLh a [olnL appolnLmenL ln Lhe ueparLmenL of
Lconomlcs and Lhe School of lorelgn Servlce
! cotl uoblmoo
Penry 8. Luce rofessor of lnLernaLlonal 8elaLlons and lnformaLlon 1echnology, CeorgeLown unlverslLy
- poslLlon held Llll AugusL 2013
! wllllom llommet
vlce resldenL, LxLernal Affalrs of Puawel norLh Amerlca

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IACUL1 SUCk1 1LAM
! kosoeleoo A. ONell, cootse Moooqet
AssoclaLe ulrecLor, Landegger rogram ln lnLernaLlonal 8uslness ulplomacy, School of lorelgn Servlce,
CeorgeLown unlverslLy
! mlly c., leoJ 1eocbloq Asslstoot
! cotolloe l., 1eocbloq Asslstoot
! cbtlstloo n., 1eocbloq Asslstoot
! lool l., 1eocbloq Asslstoot
WnA1 IS 1nL CCUkSL A8CU1?
1hls course wlll examlne how Lhe spread of Lrade, lnvesLmenL, and Lechnology across borders affecLs flrms,
workers, and communlLles ln developed and developlng counLrles. lL lnvesLlgaLes who galns from globallzaLlon
and who ls hurL or dlsadvanLaged by globallzaLlon. 1he course opens wlLh dlfflculL quesLlons surroundlng
forelgn dlrecL lnvesLmenL ln oll and mlnerals ln Lhe developlng world, asklng how Lo avold corrupLlon and
dlcLaLorshlp as parL of Lhe resource curse." lL Lurns Lo sweaLshop lssues and Lhe efforL Lo bulld ever more
sophlsLlcaLed supply-chalns ln emerglng markeLs. 1he course Lhen shlfLs Lo Lhe lmpacL of globallzaLlon on
developed counLrles, asklng lf developlng counLry manufacLurlng exporLs come aL Lhe expense of workers ln
lndusLrlal sLaLes. 1he course concludes by allowlng Lhe parLlclpanL Lo declde how Lo resolve Lhe uS budgeL
deflclL, and reform Soclal SecurlLy, so as Lo keep Lhe uS compeLlLlve ln Lhe world economy.
kL? CuLS1lCnS
! Pow can developlng counLrles avold Lhe resource curse"?
! WhaL are some posslble meLhods Lo deal wlLh posslble sweaLshop" abuses?
! Pow can emerglng markeLs economles Lake advanLage of supply chalns from local flrms lnLo
developed counLry markeLs?
! Pow mlghL globallzaLlon conLrlbuLe Lo wage lnequallLy ln developed counLrles?
! Should developed counLrles proLecL or promoLe manufacLurlng [obs?
! ls Chlna becomlng an economlc superpower"?
! ls Lhe unlLed SLaLes ln economlc decllne?
WnA1 DCLS 1nL CCUkSL INCLUDL?
Lach secLlon of Lhe course llsLed ln Lhe Course Sect|on Cut||ne below beglns wlLh an Introduct|on sub-secLlon
and ends wlLh a Conc|us|on & Look|ng Ahead sub-secLlon. ln beLween Lhese sub-secLlons, Lhe Loplcs are
organlzed sequenLlally as Lhey are relaLed Lo each oLher. 1hese Loplcs (llsLed ln Lhe Course Sect|on Cut||ne
below) lnclude lecLures hlghllghLlng key concepLs LhaL are summarlzed under Lhe Def|n|t|on of 1erms menu
lLem, knowledge checks, polls, and dlscusslon acLlvlLles. ln addlLlon Lo Lhe Loplc-based acLlvlLles, you may
choose Lo work wlLh your classmaLes Lo co-auLhor counLry guldes on globallzaLlon each week as parL of Lhe
Country Gu|des Act|v|ty.
! 1he Introduct|on lncludes a weekly gulde LhaL llsLs Lhe key quesLlons Lo be addressed ln LhaL course
secLlon. lL also llsLs Lhe readlngs, whlch may be llnks Lo exLernal webslLe or ul flles. 1he weekly gulde
ls Lhen followed by rofessor Moran's lnLroducLlon of Lhe secLlon's Loplc under sLudy.
CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
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! 1he Country Gu|des Act|v|ty uLlllzes Lhe course wlkl LhaL enables you Lo auLhor and work
collaboraLlvely wlLh your classmaLes on Lhe developmenL of counLry guldes on globallzaLlon. 1he sub-
secLlon lncludes speclflc quesLlons from rofessor Moran LhaL relaLe Lo Lhe weekly Loplcs. 1hese
quesLlons are mapped Lo Lhe Wlkl sLrucLure and wlll noL be managed by course sLaff.
! 1he Conc|us|on & Look|ng Ahead provldes you wlLh a llsLlng of Lhe key learnlng ouLcomes relaLed Lo
LhaL parLlcular secLlon of Lhe course. lL feaLures rofessor Moran's summary of key polnLs and
conslderaLlons ln relaLlon Lo Lhe Loplcs addressed. ln addlLlon, Lhls sub-secLlon offers you Lhe
opporLunlLy Lo ask clarlfylng quesLlons LhaL wlll be collecLed by course Leachlng asslsLanLs and
answered by rofessor Moran.
1he overall course conLenL ouLllne follows. noLe LhaL numbered secLlons llsLed below are released on a weekly
basls. 1hese daLes are llsLed nexL Lo each Loplc. lor a compleLe llsLlng of Lhe weeks lncludlng llsL of key
quesLlons and readlngs, see Appendlx A.
CCu8SL SLC1lCn Cu1Ll nL
1. kesootce cotse & 5weotsbops (keleose. Octobet 1, 201J)
1hls secLlon of Lhe course explores lssues relaLed Lo Lhe resource curse, sweaLshops, and wages and ln
parLlcular how Lhe lmpacL of Lhese lssues ls felL LhroughouL Lhe world.
2. 5opply cbolos, 1toJe & lovestmeot (keleose. Octobet 8, 201J)
1hls secLlon of Lhe course addresses Lhe spread of Lrade, Lechnology, and lnvesLmenL Lhrough forelgn
dlrecL lnvesLmenL of flrms ln developlng counLrles.
J. CooJ Iobs, 8oJ Iobs & woqe loepoollty (keleose. Octobet 15, 201J)
1hls secLlon of Lhe course examlnes whaL classlcal and modern economlc Lrade Lheory predlcLs abouL [obs
and wage lnequallLy compared Lo emplrlcal evldence.
4. loJosttlol lollcy, uofolt ltoctlces & 1toJe ueflclts (keleose. Octobet 22, 201J)
1hls secLlon of Lhe course focuses on ldenLlfylng Lhe causes of Lrade deflclLs and surpluses and Lhe lmpacL
of lndusLrlal pollcles. 1he cases of !apan and Chlna are explored.
5. lowotJ lul. 8eoeflts, costs & Notloool 5ecotlty 1bteots (keleose. Octobet 29, 201J)
1hls secLlon of Lhe course analyzes some of Lhe rlsks assoclaLed wlLh globallzaLlon ln relaLlon Lo forelgn-
owned companles lnvesLlng ln developed counLrles, lncludlng Lhe rlsk Lo naLlonal securlLy.
6. OotwotJ lul. kooowoy lloots ot uomestlc Oppottooltles? (keleose. Novembet 5, 201J)
1hls secLlon of Lhe course analyzes some of Lhe rlsks assoclaLed wlLh globallzaLlon ln relaLlon Lo ouLward
forelgn dlrecL lnvesLmenL, research and developmenL, offshorlng, and ouLsourclng.
7. lollcles to 5tteoqtbeo o uevelopeJ coootty (keleose. Novembet 12, 201J)
1hls secLlon of Lhe course analyzes and conslders pollcles LhaL developed counLrles could puL lnLo place Lo
cushlon Lhe losses and spread Lhe beneflLs of globallzaLlon.
8. cootse wtop-op week (Novembet 19-26, 201J)
1hls secLlon of Lhe course lncludes rofessor Moran's vldeo response regardlng your quesLlons from Week
7. ?ou wlll also have Lhe opporLunlLy Lo submlL any pendlng acLlvlLles, lf you are worklng Loward a course
cerLlflcaLe.
CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
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WnA1 WILL I LLAkN IN 1nL CCUkSL?
1he course ls deslgned Lo supporL you achleve Lhe followlng |earn|ng goa|s.
" undersLand concepLs relaLed Lo Lhe resource curse and sweaLshops, lncludlng exLernal monlLorlng
organlzaLlons, Ll1l, sweaLshop abuses, agency, labor sLandards, gender lssues, mlnlmum wage versus llvlng
wage, and earned lncome Lax credlL.
" ArLlculaLe Lhe elemenLs of classlc and modern Lrade Lheorles, lncludlng comparaLlve advanLage, absoluLe
advanLage, opporLunlLy cosL, and lnLra-lndusLry Lrade wlLh producL dlfferenLlaLlon.
" undersLand supply chalns and Lhe globallzaLlon of manufacLurlng and assembly.
" undersLand Lhe concepLs of proLecLlonlsm, collecLlve acLlon and free rlders, wage lnequallLy and sklll-
blased Lechnologlcal change, and Lhe four Lrends ln manufacLurlng ln Lhe developed world.
" ueLermlne Lhe causes of Lrade deflclLs and surpluses and Lhe lmpacL of lndusLrlal pollcles.
" Lxplaln Lhe lmpacL of lnward lorelgn ulrecL lnvesLmenL and forelgn acqulslLlons of flrms on naLlonal
SecurlLy.
" Lxplaln Lhe dynamlcs of ouLsourclng and offshorlng by mulLlnaLlonals and Lhe relaLlonshlp Lo [obs.
" rescrlbe u.S. pollcles Lo remaln compeLlLlve ln a globallzed world and ways Lo cushlon Lhe negaLlve
lmpacL of globallzaLlon.
A Learnlng CheckllsL LhaL organlzes Lhe learnlng goals above wlLh Lhe learnlng ob[ecLlves for each of Lhe course
secLlons ls avallable Lo you ln Appendlx 8 of Lhls syllabus. use Lhls Lo help you deLermlne whaL you are learnlng
ln Lhe course.
WnA1 SnCULD WL LkLC1 IkCM LACn C1nLk?
WPA1 ?Cu CAn LxLC1 l8CM 8ClLSSC8 MC8An Anu 1PL CCu8SL 1LAM
Lvery week, rofessor Moran wlll address Lhe Lop 3 sLudenL quesLlons ln a vldeo response whlch wlll be
uploaded ln Lhe Course lnfo secLlon of Lhe course. lnsLrucLlons for posLlng quesLlons for rofessor Moran are
lncluded ln Lhe Concluslon & Looklng Ahead sub-secLlons. ln addlLlon, 1eachlng AsslsLanLs wlll regularly
parLlclpaLe ln dlscusslon boards Lo provlde conLenL clarlflcaLlon, guldance, and supporL.
We wlll be provldlng regular updaLes and remlnders ln Lhe Course lnfo page beyond rofessor Moran's weekly
vldeo response Lo your quesLlons.
WPA1 ?Cu CAn LxLC1 l8CM Lux
ln Lhe evenL of a Lechnlcal problem, you should cllck
Lhe Pelp" Lab locaLed on Lhe lefL border of Lhe screen
(llgure 1). 1hls Pelp" Lab opens an lnsLrucLlon box
LhaL dlrecLs you Lo sLudenL lACs for general edx
quesLlons. ?ou can also:
! 8eporL a problem
! Make a suggesLlon
! Ask a quesLlon
?ou may posL Lechnlcal problems Lo Lhe 1echnlcal"
Lhread of Lhe dlscusslon board. llnally, you may also
conLacL Lechnlcal[edx.org dlrecLly Lo reporL bugs.
WPA1 WL LxLC1 l8CM ?Cu
I|gure 1: Screenshot w|th ne|p tab
CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
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AcLlve sLudenLs should spend around flve (3) hours per week Lo revlew asslgned readlngs, waLch weekly
lecLures, work Lhrough weekly knowledge checks and oLher acLlvlLles, lncludlng Lhe dlscusslon Lhreads and
counLry guldes on globallzaLlon wlkl.
ln each course secLlon we have lncluded acLlvlLles Lo supporL you ln reachlng Lhe speclfled learnlng ob[ecLlves
for LhaL secLlon. 1he graded acLlvlLles are caLegorlzed as knowledge checks, Lhese are Lhe acLlvlLles LhaL are
counLed Loward achlevlng Lhe cert|f|cate for Lhe course. 1hey lnclude:
MulLlple cholce quesLlons
MulLlple answer quesLlons
llll ln Lhe blank quesLlons wlLh drop down opLlons
Self-assessmenL open response quesLlons
1o rece|ve a course cert|f|cate, you must comp|ete]subm|t a|| graded ass|gnments by November 26 at 9:00
LD1]13:00 U1C and rece|ve a score of 7S or h|gher.
ln addlLlon Lo Lhe graded knowledge check acLlvlLles llsLed above, we have lncluded ln each secLlon acLlvlLles
LhaL enable you Lo explore Lhe sub[ecL maLLer deeper. 1hese lnclude:
ulscusslon quesLlons
olllng quesLlons
A weekly collaboraLlve counLry guldes acLlvlLy uLlllzlng Lhe course wlkl.
All acLlvlLles lncluded ln Lhe course are deslgned Lo help you gauge your learnlng as a resulL of your lnLeracLlon
wlLh Lhe course conLenL boLh from Lhe vldeo lecLures and readlngs. lnsLrucLlons on how Lo compleLe Lhe
acLlvlLles are lncluded wlLhln each course secLlon.
WLLkL? 1lMLLlnL
1he due daLes for submlsslon for all acLlvlLles are llsLed ln each course secLlon. Slnce Lhe course opens on
CcLober 1 (1uesday), our weeks are from 1uesday Lo Monday. 1ake a look aL our suggesLed paLh below for
engaglng wlLh Lhe course on a weekly basls.

I|gure 2: Suggested week|y engagement


8evlew Lhe
weekly gulde
WaLch Lhe course
vldeo
lnLroducuon

ocb week beqlos
oo 1oesJoy ot 9.00
u1/1J.00 u1c
8ead Lhe
asslgned readlngs
for Lhe week
WaLch Lhe vldeo
lecLures
use Lhe SLudenL
LecLure noLes
area hlghllghL key
polnLs
5toJy tbe cootse
cooteot
CompleLe Lhe
knowledge
Checks
aruclpaLe ln Lhe
dlscusslons and
polls
ConLrlbuLe Lo Lhe
CounLry Culdes
for Cloballzauon
wlkl
1oke lott lo tbe
Acuvlues
8evlew course
maLerlals
llnlsh any
pendlng acuvlues
SubmlL any
clarlfylng
quesuons for Lhe
week for
rofessor Moran
by aL 9:00 Lu1/
13:00 u1C
ocb week eoJs
oo MooJoy
CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
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nL1lCuL11L CuluLLlnLS
lleose be tespectfol
1o promoLe Lhe hlghesL degree of educaLlon posslble, we ask each sLudenL Lo respecL Lhe oplnlons and
LhoughLs of oLher sLudenLs and be courLeous ln Lhe way LhaL you choose Lo express yourself. CloballzaLlon
Loplcs are ofLen conLroverslal and promoLe debaLe. lnlx-323 sLudenLs should be respecLful and conslderaLe of
all oplnlons.
ln order for us Lo have meanlngful dlscusslons, we musL learn Lo really Lry Lo undersLand whaL oLhers are
saylng and be open-mlnded abouL oLhers' oplnlons. lf you wanL Lo persuade someone Lo see Lhlngs dlfferenLly,
lL ls much more effecLlve Lo do so ln a pollLe, non-LhreaLenlng way raLher Lhan Lo do so anLagonlsLlcally.
Lveryone has lnslghLs Lo offer based on hls/her experlences, and we can all learn from each oLher. ClvlllLy ls
essenLlal.
look befote yoo wtlte
rlor Lo posLlng a quesLlon or commenL on Lhe dlscusslon board, Lhe CeorgeLown course Leam asks LhaL you
look Lo see lf any of your classmaLes have Lhe same quesLlon. upvoLe quesLlons LhaL are slmllar Lo your own or
LhaL are also of lnLeresL Lo you, lnsLead of sLarLlng a new Lhread. 1hls wlll greaLly help our CeorgeLown 1As
besL monlLor Lhe dlscusslons and brlng lmporLanL quesLlons Lo rofessor Moran's aLLenLlon.
use tbe Jlscossloo bootJ fot cootse-teloteJ posts ooly
Whlle we encourage sLudenLs Lo geL Lo know each oLher, please use Lhe dlscusslon board as a for course
conLenL conversaLlons only.
ltopetly ooJ ptomptly ootlfy os of tecbolcol lssoes
Whlle we do noL predlcL Lechnlcal lssues, Lhey can and may happen. 1o make sure Lhese recelve prompL
aLLenLlon, posL deLalls abouL any Lechnlcal lssues dlrecLly on Lhe 1echnlcal" dlscusslon Lhread or emall
Lechnlcal[edx.org dlrecLly.
ACAuLMlC ln1LC8l1?
Obsetve eJ\ ooJ Ceotqetowo\s booot pollcles
Whlle collaboraLlon and conversaLlon wlll cerLalnly conLrlbuLe Lo your learnlng ln Lhe course, we ask sLudenLs
Lo refraln from collaboraLlng wlLh or consulLlng one anoLher on any graded maLerlal for Lhe course. vlolaLlons
of Lhe honor pollcy undermlne Lhe purpose of educaLlon and Lhe academlc lnLegrlLy of Lhe course. We expecL
LhaL all work submlLLed wlll be a reflecLlon of one's own orlglnal work and LhoughLs.
CeorgeLownx faculLy and sLaff expecL all members of Lhe communlLy Lo sLrlve for excellence ln scholarshlp and
characLer.


CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
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ALNDIk A: DL1AILLD CCUkSL SLC1ICN CU1LINL
1. 8LSCu8CL Cu8SL & SWLA1SPCS (8LLLASL: CC1C8L8 1, 2013)
1hls secLlon of Lhe course explores lssues relaLed Lo Lhe resource curse, sweaLshops, and wages and ln
parLlcular how Lhe lmpacL of Lhese lssues ls felL LhroughouL Lhe world.
kL? CuLS1lCnS:
" WhaL are Lhe pros and cons of globallzaLlon ln developed and developlng counLrles?
" WhaL are Lhe lssues surroundlng Lransparency and accounLablllLy wlLhln exLracLlve lndusLrles?
" WhaL can be done Lo prevenL sweaLshop abuses ln low-wage, low-sklll acLlvlLles ln emerglng markeLs?
" WhaL facLors deLermlne how much a worker earns?
" WhaL effecLs do forelgn-conLrolled supply chalns have on low-skllled workers' employmenL and wages?
" Pow does globallzaLlon affecL flrms, workers, and communlLles ln developed and developlng counLrles?
8LCul8Lu 8LAulnCS
(All keoJloqs ote ovolloble lo tbe cootse ltself os pott of tbe weekly ColJe wltblo tbe lottoJoctloo sob-sectloo ot ooJet
keoJloqs lo tbe molo top meoo of tbe cootse.)
" 1he enLlre web page lnLroducLlon Lo LxLracLlve lndusLrles 1ransparency lnlLlaLlve and waLch Lhe Lwo
lnLroducLory fllms
(WhaL ls Lhe Ll1l?" LxLracLlve lndusLry 1ransparency lnlLlaLlve, 2013. hLLp://elLl.org/elLl)
" ChapLers 1 and 2 from 1ed Moran's lorelgn ulrecL lnvesLmenL and uevelopmenL.
(Moran, 1heodore P. lorelgn ulrecL lnvesLmenL and uevelopmenL: Launchlng a Second CeneraLlon of ollcy
8esearch: Avoldlng Lhe MlsLakes of Lhe llrsL, 8eevaluaLlng ollcles for ueveloped and ueveloplng CounLrles.
WashlngLon, u.C.: eLerson lnsLlLuLe for lnLernaLlonal Lconomlcs, 2011. Ch. 1, 2.)
" ChapLers 2, 3, 4, and 6 from 1ed Moran's 8eyond SweaLshops.
(Moran, 1heodore P. 8eyond SweaLshops: lorelgn ulrecL lnvesLmenL and CloballzaLlon ln ueveloplng CounLrles.
WashlngLon, u.C.: 8rooklngs lnsLlLuLlon, 2002).
" ChapLers 1 (pages 1-16) and 3 and pages 49-71 from Cary Clyde Pufbauer and kaLl Suomlnen's
CloballzaLlon aL 8lsk: Challenges Lo llnance and 1rade.
(Pufbauer, Cary Clyde., and kaLl Suomlnen. CloballzaLlon aL 8lsk: Challenges Lo llnance and 1rade. new Paven: ?ale
u, 2009. rlnL. Ch. 1 (1-16), 3, p49-71.)
" 8ead Lhe labor sLandards secLlon from Lhe lnLernaLlonal Labour CrganlzaLlon webslLe.
("Labour SLandards." lnLernaLlonal Labour CrganlzaLlon, Web. hLLp://www.llo.org/global/sLandards/lang--
en/lndex.hLm)

CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
9 of 16

2. SuL? CPAlnS, 18AuL & lnvLS1MLn1 (8LLLASL: CC1C8L8 8, 2013)
1hls secLlon of Lhe course addresses Lhe spread of Lrade, Lechnology, and lnvesLmenL Lhrough forelgn dlrecL
lnvesLmenL of flrms ln developlng counLrles.
kL? CuLS1lCnS:
" uoes Lhe growLh of manufacLurlng and assembly ln emerglng markeLs come aL Lhe expense of growLh, welfare, and
[obs ln developed counLrles?
" WhaL ls Lhe dlfference beLween absoluLe and comparaLlve advanLage?
" WhaL can classlcal Lheorles of comparaLlve advanLage and modern Lheorles of Lrade and lnvesLmenL Lell us abouL
wheLher globallzaLlon ls a zero-sum phenomenon beLween developlng and developed counLrles?
" Pow do developlng counLrles parLlclpaLe ln ever more sophlsLlcaLed supply chalns lnLo developed counLry markeLs?
" Pow do developlng counLrles creaLe backward llnkages from forelgn lnvesLors Lo local flrms, wlLh more value added
aL home?
8LCul8Lu 8LAulnCS
(All keoJloqs ote ovolloble lo tbe cootse ltself os pott of tbe weekly ColJe wltblo tbe lottoJoctloo sob-sectloo ot ooJet
keoJloqs lo tbe molo top meoo of tbe cootse.)
" W|k|ped|a entry on Comparat|ve Advantage (WlklLulA, s.v. "ComparaLlve AdvanLage," lasL modlfled !uly 2, 2013,
hLLp://en.wlklpedla.org/wlkl/ComparaLlve_AdvanLage )
" W|k|ped|a entry on Abso|ute Advantage (WlklLulA, s.v. "AbsoluLe AdvanLage," lasL modlfled !uly 2, 2013,
hLLp://en.wlklpedla.org/wlkl/AbsoluLe_AdvanLage )
" W|k|ped|a entry on k|card|an Mode| (WlklLulA, s.v. "8lcardlan Lconomlcs," lasL modlfled !uly 2, 2013,
hLLp://en.wlklpedla.org/wlkl/8lcardlan_Model )
" W|k|ped|a entry on Dav|d k|cardo, sect|on on "1rade theory and po||cy" (WlklLulA, s.v. "uavld 8lcardo," lasL
modlfled !uly 2, 2013, hLLp://en.wlklpedla.org/wlkl/uavld_8lcardo )
" au| krugman's art|c|e "k|cardo's D|ff|cu|t Idea" (krugman, aul. "8lcardo's ulfflculL ldea." MASSACPuSSL11S
lnS1l1u1L Cl 1LCPnCLCC?)
" W|k|ped|a entry on "neckscher-Ch||n 1heorem" (WlklLulA, s.v. "Pecksher-Chlln 1heorem," accessed Aprll 18,
2013, hLLp://en.wlklpedla.org/wlkl/PeckscherL28093Chlln_Lheorem )
" ress ke|ease on "1he Nobe| r|ze |n Lconom|cs 2008" (1PL 8C?AL SWLulSP ACAuLM? Cl SClLnCLS,
nobelprlze.org, 13 CcLober 2008, hLLp://www.nobelprlze.org/nobel_prlzes/economlcs/laureaLes/2008/press.hLml )
" Marc Me||tz's art|c|e "Internat|ona| trade and heterogenous f|rms" (MellLz, Marc !., lnLernaLlonal Lrade and
heLerogeneous flrms," 1be New lolqtove ulctloooty of cooomlcs, 2: 2008, SLeven n. uurlaf and Lawrence L. 8lume,
eds. hLLp://www.dlcLlonaryofeconomlcs.com/arLlcle?ld=pde2008_l000302&q=mellLz&Loplcld=&resulL_number=1 )
" Gene Grossman and Lsteban koss|-nansberg's art|c|e "1rad|ng 1asks: A S|mp|e 1heory" (Crossman, Cene and
LsLeban 8ossl-Pansberg, "1radlng 1asks: A Slmple 1heory of Cffshorlng,"AML8lCAn LCCnCMlC 8LvlLW 2008, 98:3,
1978-1997, hLLp://www.prlnceLon.edu/~erossl/11.pdf .)
" kev|ew Chapters 1 and 3 from Gary nufbauer and kat| Suom|nen's GLC8ALI2A1ICN A1 k|sk (Cary Pufbauer and
kaLl Suomlnen. 2009. CLC8ALlZA1lCn A1 8lSk: CPALLLnCLS 1C llnAnCL Anu 18AuL. ChapLer 1. pp. 1-16,
ChapLer 3, pp. 49-71.)
" kev|ew Chapters 1 and 2 from 1ed Moran's !"#$%&' )%#$*+ ,'-$.+/$'+ 0'1 )$-$2"3/$'+ (1heodore P. Moran.
2011. lotelqo ultect lovestmeot ooJ uevelopmeot. looocbloq o 5ecooJ Ceoetotloo of lollcy keseotcb. Ch.1, 2.)
" Chapter 3 from I. 8radford Iensen's 42"502 6#01$ %' 7$#-%*$.8 !$0#.9 !0*+.9 0'1 :;;.<"#%'& (!. 8radford !ensen.
2012. Clobol 1toJe lo 5etvlces. leot, locts, ooJ Offsbotloq. WashlngLon, uC: eLerson lnsLlLuLe for lnLernaLlonal
Lconomlcs, ch. 3.)
" I. Dav|d k|chardson and kar|n kanda|'s =<> ?@3"#+. A0++$#8 A"#$B (!. uavld 8lchardson and karln 8andal, wby
xpotts Mottet. Mote! (lnsLlLuLe for lnLernaLlonal Lconomlcs, 1996).)
" Scott 8radford, au| Gr|eco, and Cary C|yde nufbauer's art|c|e "1he ayoff to Amer|ca from G|oba| Integrat|on"
(ScoLL C. 8radford, aul L. L. Crleco, and Cary Clyde Pufbauer, 1he ayoff Lo Amerlca from Clobal lnLegraLlon" ln C.
lred 8ergsLen and Lhe lnsLlLuLe for lnLernaLlonal Lconomlcs, 1be uolteJ 5totes ooJ tbe wotlJ cooomy. lotelqo
cooomlc lollcy fot tbe Next uecoJe (lnsLlLuLe for lnLernaLlonal Lconomlcs, 2003).)
CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
10 of 16

3. CCCu !C8S, 8Au !C8S & WACL lnLCuALl1? (8LLLASL: CC1C8L8 13, 2013)
1hls secLlon of Lhe course examlnes whaL classlcal and modern economlc Lrade Lheory predlcLs abouL [obs and wage
lnequallLy compared Lo emplrlcal evldence.
kL? CuLS1lCnS:
" Pow does Lhe lmporLance of manufacLurlng [obs compare Lo oLher klnds of [obs ln developed economles?
" WhaL do sLandard Lrade models predlcL abouL Lhe lmpacL of Lrade llberallzaLlon on wage lnequallLy?
" WhaL are Lhe llmlLaLlons Lo Lhe models ln relaLlon Lo emplrlcal evldence?
" WhaL ls sklll-blased Lechnologlcal change?
" uoes Lrade llberallzaLlon lead Lo an lncrease ln LoLal employmenL, a decrease ln LoLal employmenL, or nelLher?
" Why should Lhe lmpacL of Lrade and forelgn dlrecL lnvesLmenL llberallzaLlon be evaluaLed on Lhe basls of Lhe quallLy
of [obs (l.e., [obs wlLh hlgher compensaLlon) raLher Lhan on Lhe number of [obs?
" WhaL ls Lhe lmpacL of Lrade expanslon on Lhe klnds of [obs ln Lhe economy?
" WhaL ls Lhe lmpacL of Lrade llberallzaLlon on wages?
8LCul8Lu 8LAulnCS
(All keoJloqs ote ovolloble lo tbe cootse ltself os pott of tbe weekly ColJe wltblo tbe lottoJoctloo sob-sectloo ot ooJet
keoJloqs lo tbe molo top meoo of tbe cootse.)
" LrnesL Polllngs's arLlcle "roLecLlonlsm Pappens Lo 8e Congress's !ob"(Polllngs, LrnesL. "roLecLlonlsm Pappens Lo 8e
Congress's !ob." 1he WashlngLon osL. n.p., 21 Mar. 2004. Web. 23 May 2013.
hLLp://news.google.com/newspapers?nld=2482&daL=20040329&ld=v!8lAAAAl8A!&s[ld=pAknAAAAl8A!&pg=4673,38
87463 )
" Wlklpedla on "CollecLlve AcLlon" "CollecLlve AcLlon." Wlklpedla. Wlklmedla loundaLlon, 23 May 2013,
hLLp://en.wlklpedla.org/wlkl/CollecLlve_acLlon#ln_pollLlcal_sclence_and_economlcs )
" LllzabeLh 8ecker's arLlcle "ln Clare of ollLlcs, 8ush Welghs laLe of 1arlffs on SLeel" (8ecker, LllzabeLh, "ln Clare of
ollLlcs, 8ush Welghs laLe of 1arlffs on SLeel." 1he new ?ork 1lmes. n.p., 20 SepL. 2003. Web. 23 May 2013.
(hLLp://www.nyLlmes.com/2003/09/20/buslness/ln-glare-of-pollLlcs-bush-welghs-faLe-of-Larlffs-on-sLeel.hLml )
" Lrlc llsher's arLlcle "Why Are We Loslng ManufacLurlng !obs" (llsher, Lrlc, "Why Are We Loslng ManufacLurlng !obs."
1he lederal 8eserve 8oard of Cleveland. n.p., !uly 2004. Web. 22 May 2013.
hLLp://www.clevelandfed.org/research/commenLary/2004/!uly04.pdf .)
" ChrlsLlna 8omer's arLlcle "uo ManufacLurers need Speclal 1reaLmenL?" (8omer, ChrlsLlna u. "uo ManufacLurers need
Speclal 1reaLmenL?" 1he new ?ork 1lmes.03 leb. 2012. Web. 23 May 2013.
hLLp://www.nyLlmes.com/2012/02/03/buslness/do-manufacLurers-need-speclal-LreaLmenL-economlc-
vlew.hLml?_r=0 )
" Mlchael Spence and Sandlle PlaLshwayo's arLlcle "1he Lvolvlng SLrucLure of Lhe Amerlcan Lconomy and Lhe
LmploymenL Challenge." (Spence, Mlchael, and Sandlle PlaLshwayo. "1he Lvolvlng SLrucLure of Lhe Amerlcan
Lconomy and Lhe LmploymenL Challenge." Councll on lorelgn 8elaLlons.n.p., 2011. Web. 22 May 2013)
" 8lch MoLoko and uavld Maxwell's arLlcle "!obs Co 8egglng As Cap ls Lxposed ln Worker Skllls (MoLoko 8lch and uavld
Maxwell. 1he new ?ork 1lmes.02 !uly 2010. Web. 22 May 2013.
hLLp://www.nyLlmes.com/2010/07/02/buslness/economy/02manufacLurlng.hLml?_r=0 )
" Lrlc llsher's arLlcle "1he Lconomlc 8eporL of Lhe resldenL 1996" ("1he Lconomlc 8eporL of Lhe resldenL 1996." uS
CovernmenL rlnLlng Cfflce. n.p., 1996. Web. 22 May 2013.
hLLp://www.presldency.ucsb.edu/economlc_reporLs/1996.pdf .)
" 8ob PerberL's arLlcle "1he Lconomlc 8eporL of Lhe resldenL 1996" (PerberL, 8ob. "ln Amerlca, nafLa's 8ubble
8ursLs." 1he new ?ork 1lmes. 11 SepL. 1993. Web. 22 May 2013. hLLp://www.nyLlmes.com/1993/09/11/oplnlon/ln-
amerlca-nafLa-s-bubble-bursLs.hLml )
" ArLlcle "norLh Amerlcan lree 1rade AgreemenL (nAl1A)" ("norLh Amerlcan lree 1rade AgreemenL (nAl1A)." Cfflce of
Lhe unlLed SLaLes 1rade 8epresenLaLlve. n.p., n.d. Web. 22 May 2013. hLLp://www.usLr.gov/Lrade-agreemenLs/free-
Lrade-agreemenLs/norLh-amerlcan-free-Lrade-agreemenL-nafLa )

CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
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11 of 16

" ArLlcle "new lLC 8eporL Says uS Leads Lhe World ln Labour roducLlvlLy, Some 8eglons Are CaLchlng up, MosL Lag
behlnd." ("new lLC 8eporL Says uS Leads Lhe World ln Labour roducLlvlLy, Some 8eglons Are CaLchlng up, MosL Lag
behlnd." lnLernaLlonal Labor CrganlzaLlon. n.p., n.d. Web. 22 May 2013. hLLp://www.llo.org/global/abouL-Lhe-
llo/medla-cenLre/press-releases/WCMS_083976/lang--en/lndex.hLm )
" 8en 8ernanke's arLlcle "1he Level and ulsLrlbuLlon of Lconomlc Well-8elng" (8ernanke, 8en S. "l1he Level and
ulsLrlbuLlon of Lconomlc Well-8elng." 1he lederal 8eserve 8oard. n.p., 6 leb. 2007. Web. 22 May 2013.
hLLp://www.federalreserve.gov/newsevenLs/speech/bernanke20070206a.hLm )
" uuncan Moore's arLlcle "no 8usL ln 8ochesLer" (Moore, uuncan 1. "no 8usL ln 8ochesLer." 1he new ?ork 1lmes. n.p.,
2 leb. 2012. Web. 22 May 2013. hLLp://www.nyLlmes.com/2012/02/03/oplnlon/rochesLers-survlval-lessons.hLml)
" Conor uougherLy's arLlcle "8eclpe for Mlddle-Class !obs" (uougherLy, Conor. "8eclpe for Mlddle-Class !obs." 1he Wall
SLreeL !ournal. n.p., 29 nov. 2011. Web. 22 May 2013.
hLLp://onllne.ws[.com/arLlcle/S810001424032970204733404377066470694261462.hLml)
" Lawrence Ldwards and 8oberL Lawrence's 8lslng 1lde (Ldwards, Lawrence, and 8oberL Z. Lawrence. 8lslng 1lde. ls
1rade lncreaslng Wage lnequallLy?" WashlngLon, uC: eLerson lnsLlLuLe for lnLernaLlonal Lconomlcs, 2013. rlnL.)
" k8uCMAn, AuL 8., C8S1LlLLu, MAu8lCL, ln1LnA1lCnAL LCCnCMlCS: 1PLC8? Anu CLlC?, 7Lh LdlLlon, 2006, pp.
69-70, 277-297. 8eprlnLed by Lhe permlsslon of earson LducLlon, lnc., upper Saddle 8lver, n!.
" 8oberL Lawrence's Slngle World, ulvlded naLlons?(Lawrence, 8oberL Z. Slngle World, ulvlded naLlons?: lnLernaLlonal
1rade and CLCu Labor MarkeLs. WashlngLon, u.C.: 8rooklngs lnsLlLuLlon, 1996. rlnL. LxcerpLs)
" uavld LlghLman, MargareL 1alev, and Wllllam uouglas's arLlcle "Cbama Sllps on nAl1A 8anana eel as CllnLon
Pammers Plm" (LlghLman, uavld, MargareL 1alev, and Wllllam uouglas. "Cbama Sllps on nAl1A 8anana eel as
CllnLon Pammers Plm." McClaLchy uC.n.p., 3 Mar. 2008. Web. 01 Aug. 2013.
hLLp://www.mcclaLchydc.com/2008/03/03/29283/obama-sllps-on-nafLa-banana-peel.hLml )

CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
12 of 16

4. lnuuS18lAL CLlC?, unlAl8 8AC1lCLS & 18AuL uLllCl1S (8LLLASL: CC1C8L8 22, 2013)
1hls secLlon of Lhe course focuses on ldenLlfylng Lhe causes of Lrade deflclLs and surpluses and Lhe lmpacL of lndusLrlal
pollcles. 1he cases of !apan and Chlna are explored.
kL? CuLS1lCnS:
" WhaL ls Lhe lmpacL of Lrade and forelgn dlrecL lnvesLmenL llberallzaLlon on Lhe number of [obs ln Lhe economy?
" WhaL are Lhe causes of a balance of paymenLs, deflclL, or surplus?
" WhaL are ways a counLry can use Lo correcL a deflclL?
" WhaL happens Lo Lhe Lrade deflclL of a counLry when Lhere ls a decllne ln a counLry's currency?
" WhaL happens Lo Lhe Lrade deflclL of a counLry when Lhere are unfalr Lrade pracLlces by one of Lhe counLrles?
" WhaL are Lhe pros and cons of lndusLrlal pollcy, sophlsLlcaLed lndusLrlal pollcy, and sLraLeglc Lrade pollcy?
8LCul8Lu 8LAulnCS
(All keoJloqs ote ovolloble lo tbe cootse ltself os pott of tbe weekly ColJe wltblo tbe lottoJoctloo sob-sectloo ot ooJet
keoJloqs lo tbe molo top meoo of tbe cootse.)
" Cagnon, !oseph L. "Currency ManlpulaLlon: lL's noL !usL Chlna." letetsoo lostltote of lotetootloool cooomlcs. n.p., 17
!uly 2012. Web. 23 May 2013. hLLp://www.lle.com/publlcaLlons/lnLervlews/pp20120717gagnon.pdf.
" 8elch, 8oberL. "Who ls us?" notvotJ 8osloess kevlew. n.p., !an. 1990. Web. 27 !une 2013.
hLLp://hbr.org/1990/01/who-ls-us/ar/1. (ArLlcle revlew)
" Moran, 1heodore P. lotelqo Mooofoctotloq Moltlootloools ooJ tbe 1toosfotmotloo of tbe cbloese cooomy. New
Meosotemeots, New letspectlves. eLerson lnsLlLuLe for lnLernaLlonal Lconomlcs. Worklng aper
" krugman, aul 8., and Maurlce CbsLfeld. lotetootlooolcooomlcs. 1beoty ooJ lollcy. 8osLon, MA: Addlson-Wesley,
2006. rlnL. Ch. 12 lndusLrlal ollcy ln Advanced CounLrles."
" uahlman, Carl. 1be wotlJ uoJet ltessote. alo AlLo: S1AnlC8u u, 2012. rlnL. Ch. 3, 4, 3 only
" Moran, 1heodore P. "WhaL ollcles Should ueveloplng CounLry CovernmenLs AdopL Loward CuLward lul? : Lessons
from Lhe Lxperlence of ueveloped CounLrles." 1be klse of 1toosootloool cotpototloos ftom metqloq Motkets. 1bteot
ot Oppottoolty?Ld. karl . SauvanL. ChelLenham: Ldward Llgar, 2009. n. pag. rlnL

CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
13 of 16

3. lnWA8u lul: 8LnLll1S, CCS1S & nA1lCnAL SLCu8l1? 1P8LA1S (8LLLASL: CC1C8L8 29,
2013)
1hls secLlon of Lhe course analyzes some of Lhe rlsks assoclaLed wlLh globallzaLlon ln relaLlon Lo forelgn-owned companles
lnvesLlng ln developed counLrles, lncludlng Lhe rlsk Lo naLlonal securlLy.
kL? CuLS1lCn:
" WlLhln Lhe conLexL of developed counLrles, whaL ls Lhe lmpacL of lnward forelgn dlrecL lnvesLmenL? And forelgn
acqulslLlons of flrms on naLlonal securlLy?
8LCul8Lu 8LAulnCS
" Moran, 1heodore P., and Llndsay Cldenskl. 2013 (forLhcomlng). lotelqo ultect lovestmeot lo tbe uolteJ
5totes. 8eoeflts, 5osplcloos, ooJ klsks wltb 5peclol Atteotloo to lul ftom cbloo. ollcy Analyses ln
lnLernaLlonal Lconomlcs 100. WashlngLon: eLerson lnsLlLuLe for lnLernaLlonal Lconomlcs.

6. Cu1WA8u lul: 8unAWA? LAn1S C8 uCMLS1lC CC81unl1lLS? (8LLLASL: nCvLM8L8 3,
2013)
1hls secLlon of Lhe course analyzes some of Lhe rlsks assoclaLed wlLh globallzaLlon ln relaLlon Lo ouLward forelgn dlrecL
lnvesLmenL, research and developmenL, offshorlng, and ouLsourclng.
kL? CuLS1lCnS:
" WlLhln Lhe conLexL of developed counLrles, whaL ls Lhe lmpacL of ouLward forelgn dlrecL lnvesLmenL? WhaL abouL Lhe
globallzaLlon of research and developmenL?
" WhaL ls offshorlng? WhaL ls ouLsourclng?
" Pow can we compare offshorlng Lo oLher Lrade processes?
8LCul8Lu 8LAulnCS
" Pufbauer, Cary, and 1heodore Moran and Llndsay Cldenskl. OotwotJ lul, u5 xpotts, u5 Iobs, ooJ u5
k&u. lmpllcotloos fot u5 lollcy. 1he eLerson lnsLlLuLe for lnLernaLlonal Lconomlcs
" !ensen, !. 8radford. Clobol 1toJe lo 5etvlces. leot, locts, ooJ Offsbotloq. WashlngLon, uC: eLerson
lnsLlLuLe for lnLernaLlonal Lconomlcs, 2012. rlnL. (Cvervlew Concluslon)

7. CLlClLS 1C S18LnC1PLn A uLvLLCLu CCun18? (8LLLASL: nCvLM8L8 12, 2013)
1hls secLlon of Lhe course analyzes and conslders pollcles LhaL developed counLrles could puL lnLo place Lo cushlon Lhe
losses and spread Lhe beneflLs of globallzaLlon.
kL? CuLS1lCnS:
" WhaL pollcles do you recommend for adopLlon for Lhe unlLed SLaLes Lo beneflL fully from Lhe globallzaLlon of Lrade,
lnvesLmenL, and Lechnology, and dampen Lhe cosLs, cushlon, compensaLe, and reLraln Lhe losers?
" WhaL are some pollcles LhaL could make a counLry more compeLlLlve?
8LCul8Lu 8LAulnCS
CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
14 of 16

" AlLman, uanlel. "1o 8educe lnequallLy, 1ax WealLh, noL lncome." 1be New otk 1lmes. 1he new ?ork
1lmes, 19 nov. 2012. Web. 23 May 2013. hLLp://www.nyLlmes.com/2012/11/19/oplnlon/Lo-reduce-
lnequallLy-Lax-wealLh-noL-lncome.hLml
" 8rooks, uavld. "1he Wrong lnequallLy." 1be New otk 1lmes. 1he new ?ork 1lmes, 01 nov. 2011. Web. 23
May 2013. hLLp://www.nyLlmes.com/2011/11/01/oplnlon/brooks-Lhe-wrong-lnequallLy.hLml
" ueparle, !ason. "Parder for Amerlcans Lo 8lse lrom Lconomy's Lower 8ungs." 1be New otk 1lmes. 1he
new ?ork 1lmes, 03 !an. 2012. Web. 23 May 2013. hLLp://www.nyLlmes.com/2012/01/03/us/harder-for-
amerlcans-Lo-rlse-from-lower-rungs.hLml?pagewanLed=all
" ulamond, eLer, and Lmmanuel Saez. 2011. "1he Case for a rogresslve 1ax: lrom 8aslc 8esearch Lo ollcy
8ecommendaLlons." Iootool of cooomlc letspectlves, 23(4): 163-90. Avallable onllne aL:
hLLp://www.aeaweb.org/arLlcles.php?dol=10.1237/[ep.23.4.163
" "Lnsurlng 1haL SLudenL Loans Are Affordable." 1be wblte noose. n.p., n.d. Web. 27 !une 2013.
hLLp://www.whlLehouse.gov/lssues/educaLlon/hlgher-educaLlon/ensurlng-LhaL-sLudenL-loans-are-
affordable.
" Puang, Chye-Chlng. "CenLer on 8udgeL and ollcy rlorlLles." lmpoct of stote 1ox oo 5moll 8osloesses ooJ
lotms ls Mlolmol Almost No 5moll 8osloess ooJ lotm stotes Owe tbe 1ox, 1bose 1bot uo Owe Ooly
MoJest Amooots. n.p., 23 leb. 2009. Web. 23 May 2013.
" kaLz, Lawrence l. Pow Lo 8rlng Lhe !obs 8ack: lnvesL ln Workers." 1be New otk 1lmes. 07 SepL. 2011.
Web. 23 May 2013.
" kleLzer, Lorl C. 8eformlng uS Labor-MarkeL Ad[usLmenL rograms Lo 8eLLer AsslsL uS Workers." 1be
uolteJ 5totes ooJ tbe wotlJ cooomy. lotelqo cooomlc lollcy fot tbe oext uecoJe. 8y C. lred 8ergsLen.
WashlngLon, uC: lnsLlLuLe for lnLernaLlonal Lconomlcs, 2003. rlnL.
" 8lchardson, !. uavld. "uneven Calns and unbalanced 8urdens? 1hree uecades of Amerlcan CloballzaLlon."
1be uolteJ 5totes ooJ tbe wotlJ cooomy. lotelqo cooomlc lollcy fot tbe oext uecoJe. 8y C. lred
8ergsLen. WashlngLon, uC: lnsLlLuLe for lnLernaLlonal Lconomlcs, 2003. rlnL.
" 8omer, ChrlsLlna u. "CuLLlng 1he ueflclL, WlLh Compasslon." 1be New otk 1lmes. 1he new ?ork 1lmes, 09
SepL. 2012. Web. 23 May 2013. hLLp://www.nyLlmes.com/2012/09/09/buslness/cuLLlng-Lhe-deflclL-
compasslonaLely-economlc-vlew.hLml
" 8osen, Poward l. "1rade Ad[usLmenL AsslsLance Works!" letetsoo lostltote of lotetootloool cooomlcs.
n.p., 19 SepL. 2011. Web. 23 May 2013. hLLp://www.plle.com/blogs/realLlme/?p=2376


CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
13 of 16

ALNDIk 8: LLAkNING CnLCkLIS1
1hls gulde llsLs Lhe learnlng goals and ob[ecLlves for each secLlon of Lhe Ceotqetowo\ Clobollzotloos wlooets
ooJ losets. cbolleoqes fot uevelopeJ ooJ ueveloploq cooottles cootse (CcLober 1 - november 26, 2013). use
Lhls gulde as your own learnlng checkllsL whlle engaglng wlLh Lhe course.
1PL 8LSCu8CL Cu8SL & SWLA1SPCS - WLLk 1: CC1C8L8 1-7
" Understand concepts re|ated to the resource curse and sweatshops, |nc|ud|ng externa| mon|tor|ng
organ|zat|ons, LI1I, sweatshop abuses, agency, |abor standards, gender |ssues, m|n|mum wage versus
||v|ng wage, and earned |ncome tax cred|t.
" ldenLlfy Lhe pros and cons of globallzaLlon ln developed and developlng counLrles
" 8ecognlze how globallzaLlon affecLs flrms, workers, and communlLles ln developed and developlng counLrles
" uescrlbe Lhe lssues ln relaLlon Lo Lransparency and accounLablllLy wlLhln Lhe scope of Lhe exLracLlve lndusLry
" ldenLlfy whaL can be done Lo prevenL sweaLshop abuses" from forelgn lnvesLmenL and Lrade ln low-wage, low-
sklll acLlvlLles ln emerglng markeLs
" Lxplaln whaL effecLs forelgn-conLrolled supply chalns have on low skllled workers' employmenL and wages
" ldenLlfy Lhe facLors LhaL deLermlne how much a worker earns
SuL? CPAlnS, 18AuL & lnvLS1MLn1 - WLLk 2: CC1C8L8 8-14
" Art|cu|ate the e|ements of c|ass|c and modern trade theor|es, |nc|ud|ng comparat|ve advantage, abso|ute
advantage, opportun|ty cost, and |ntra-|ndustry trade w|th product d|fferent|at|on.
" ulfferenLlaLe beLween absoluLe advanLage and comparaLlve advanLage ln Lhe conLemporary era
" ueLermlne whaL LradlLlonal Lheorles of comparaLlve advanLage and newer Lheorles of Lrade-and-lnvesLmenL Lell
us abouL wheLher globallzaLlon ls a zero-sum phenomenon beLween developlng and developed counLrles
" Understand supp|y cha|ns and the g|oba||zat|on of manufactur|ng and assemb|y.
" uescrlbe Lhe raLlo of beneflLs Lo cosLs of globallzaLlon
" uescrlbe Lhe role of lnvesLmenL romoLlon Agencles
" uescrlbe Lhe creaLlon of supply chalns and Lhe globallzaLlon of manufacLurlng and assembly Lhrough lorelgn
ulrecL lnvesLmenL (lul)
" Lxplaln how developlng counLrles parLlclpaLe ln ever more sophlsLlcaLed supply chalns lnLo developed counLry
markeLs and how developlng counLrles creaLe backward llnkages from forelgn lnvesLors Lo local flrms, wlLh more
value-added aL home
" Lxplaln Lhe lmpacL of Lhe supply chalns and Lhe globallzaLlon of manufacLurlng and assembly Lhrough lorelgn
ulrecL lnvesLmenL (lul) has on developed and developlng counLrles
CCCu !C8S, 8Au !C8S & WACL lnLCuALl1? - WLLk 3: CC1C8L8 13-21
" Understand the concepts of protect|on|sm, co||ect|ve act|on and free r|ders, wage |nequa||ty and sk|||-
b|ased techno|og|ca| change, and the four trends |n manufactur|ng |n the deve|oped wor|d.
" ueflne proLecLlonlsm, collecLlve acLlon, free rlders, and sklll-blased Lechnologlcal change
" ldenLlfy Lhe four Lrends ln manufacLurlng and Lhe lmporLance of manufacLurlng [obs ln Lhe developed world
" ueLermlne wheLher Lhe growLh of manufacLurlng and assembly ln emerglng markeLs comes aL Lhe expense of
growLh, welfare, and [obs ln developed counLrles
" Lxplaln wheLher Lrade llberallzaLlon leads Lo an lncrease ln LoLal employmenL, a decrease ln LoLal employmenL, or
nelLher
" uescrlbe whaL sLandard Lrade models predlcL abouL Lhe lmpacL of Lrade llberallzaLlon on wage lnequallLy
" uescrlbe Lhe lmpacL of Lrade and forelgn dlrecL lnvesLmenL llberallzaLlon on Lhe number of [obs ln Lhe economy
" Lxplaln Lhe lmpacL of Lrade expanslon on Lhe klnds of [obs ln Lhe economy, and assoclaLed wages
" 8ecognlze Lhe llmlLaLlons of models ln relaLlon Lo emplrlcal evldence
" Lxplaln why Lhe lmpacL of Lrade and forelgn lnvesLmenL llberallzaLlon should be evaluaLed on Lhe basls of Lhe
quallLy of [obs (l.e., [obs wlLh hlgher compensaLlon) raLher Lhan on Lhe number of [obs
CeorgeLownx: CLC8ALlZA1lCn'S WlnnL8S Anu LCSL8S: CPALLLnCLS lC8 uLvLLCLu Anu uLvLLClnC CCun18lLS
CC1C8Lk 1, 2013 - NCVLM8Lk 26, 2013
16 of 16

lnuuS18lAL CLlC?, unlAl8 8AC1lCLS & 18AuL uLllCl1S - WLLk 4: CC1C8L8 22-28
" Determ|ne the causes of trade def|c|ts and surp|uses and the |mpact of |ndustr|a| po||c|es.
" ldenLlfy Lhe causes of balance of paymenLs, Lrade deflclLs, or Lrade surpluses
" ldenLlfy ways a counLry can use Lo correcL a deflclL
" LvaluaLe Lhe lmpllcaLlons of a Lrade deflclL
" Lxamlne Lhe role of decllne ln a counLry's currency and unfalr Lrade pracLlces ln relaLlon Lo Lrade deflclL
" Lxplaln Lhe pros and cons of lndusLrlal pollcy, sophlsLlcaLed lndusLrlal pollcy, and sLraLeglc Lrade pollcy
lnWA8u lul: 8LnLll1S, CCS1S & nA1lCnAL SLCu8l1? 1P8LA1S - WLLk 3: CC1C8L8 29-
nCvLM8L8 4
" Lxp|a|n the |mpact of |nward Iore|gn D|rect Investment and fore|gn acqu|s|t|ons of f|rms on Nat|ona|
Secur|ty.
" ldenLlfy Lhree naLlonal securlLy LhreaLs relaLed Lo lnward lorelgn ulrecL lnvesLmenL (lul).
" uescrlbe how forelgn acqulslLlons of flrms lnfluence naLlonal securlLy
Cu1WA8u lul: 8unAWA? LAn1S C8 uCMLS1lC CC81unl1lLS? - WLLk 6: nCvLM8L8 3-11
" Lxp|a|n the dynam|cs of outsourc|ng and offshor|ng by mu|t|nat|ona|s and the re|at|onsh|p to [obs.
" ueflne and dlfferenLlaLe offshorlng and ouLsourclng
" uescrlbe Lhe lmpacL of ouLward lorelgn ulrecL lnvesLmenL and Lhe globallzaLlon of 8esearch and uevelopmenL
on developed counLrles
" Lxplaln Lhe evldence behlnd Lhe LruLh of runaway planLs and Lhe CreaL Sucklng Sound"
CLlClLS 1C S18LnC1PLn A uLvLLCLu CCun18? - WLLk 7: nCvLM8L8 12-18
" rescr|be U.S. po||c|es to rema|n compet|t|ve |n a g|oba||zed wor|d and ways to cush|on the negat|ve
|mpact of g|oba||zat|on.
" Lxamlne pollcles LhaL could make a counLry more compeLlLlve
" 8ecommend pollcles for adopLlon Lo prepare Lhe u.S. Lo beneflL fully from Lhe globallzaLlon of Lrade, lnvesLmenL,
and Lechnology, and dampen Lhe cosLs, cushlon, compensaLe, and reLraln Lhe losers
CCu8SL W8A-u - WLLk 8: nCvLM8L8 19- 26, 2013
If you are p|ann|ng to get a Cert|f|cate, a|| graded act|v|t|es have to be subm|tted by November 26 at 9:00
LD1]13:00 U1C.