PA 856: Trade, Competition, and Governance in a Global Economy
This site provides resources for students in PA 856
at the University of Wisconsin,
Madison for Fall 2006 Semester
The Colombo Express, the world's largest container ship. Original source: Hapag Lloyd.
Important Dates |
Downloadable Course Materials and Information Sources |
Robert M. LaFollette School of Public Affairs |
LECTURE: MW 1:00-2:15, 6310 Social Science Building
Professor Menzie Chinn
Office Hours: MW 2:30-3:30 (tentative)
Office: 7418 Social Sciences Bldg.
Phone: (608) 262-7397
PA856 Syllabus in PDF file.
This course provides an introduction to international trade policy. Its purpose is to provide students with an understanding of international trade theory, rules, politics and institutions and the major policy issues facing the global trading system. The first part of the course presents a treatment of the theory of international trade. It explores the rationale for free trade, the distributional impact of trade, the impact of tariffs and quotas and the challenges presented by deeper international economic integration. The second part of the course deals with the World Trade Organization. It explores negotiation mechanisms and principles and the rules relating to market access, dispute settlement, fair trade, safeguards and trade-related intellectual property. (TRIPs). The third part considers major issues facing the trading system. These include regional trading arrangements, foreign investment, China’s entry into the WTO and the Doha Development Agenda.
The required textbook are:
Paul Krugman and Maurice Obstfeld, International Economics: Theory and Policy 7/E (Addison-Wesley),
available at the University Bookstore.
Kenneth W. Dam, The Rules of the Global Game: A New Look at US International Economic Policymaking 2001 (U.Chicago Press).
Additional assigned readings will be available on the Web (via links on this website). Required Additional Readings
- Midterm 1, 10/11 (Wednesday)
- Midterm 2, 11/8 (Wednesday).
- Term paper, due 12/15.
Downloadable Course Materials
- Fmn Thomas L. Friedman, "It's a Flat World, After All," NY Times Magazine, April 3, 2005.
- Lmr E. Leamer,"Review of the T. Friedman's The World Is Flat," forthcoming, Journal of Economic Literature.
- Cr1 M. Crowley, 2003, “An introduction to the WTO and GATT,” Economic Perspectives 2003Q4.
- Cr2 M. Crowley, 2004, “The worldwide spread of antidumping protection,” Chicago Fed Letter No. 198.
- CBO CBO, 2003, “The pros and cons of pursuing free-trade agreements,” Economic and budget issue brief, July 31, 2003.
- BJS Bernard, Jensen and Schott, 2004, “Facing the Dragon: Prospects for U.S. Manufacturers in the Coming Decade,” mimeo, May 2004.
- FH Feenstra and Hanson, "Global Production Sharing and Rising Inequality: A Survey of Trade and Wages," June 2001, forthcoming in Kwan Choi and James Harrigan, eds., Handbook of International Trade, Basil Blackwell.
- IMF Rumbaugh and Blancher, 2004, “China: International Trade and WTO Accession,” IMF Working Paper WP/04/36.
- CT Copeland and Taylor, 2003, “Trade, Growth and the Environment,” forthcoming Journal of Economic Literature.
- Jeffrey J. Schott, "Completing the Doha Round," Policy Brief 06-7 (IIE, October 2006).
- "The Economics of Offshoring," Economist, Sept. 16, 2004.
- NBER Conference on "Globalization and Poverty," Sept. 10-11, 2004.
- WTO page on Regional Trading Arrangements
- Edwin Vermulst, "Section 3.6: Anti-dumping," Dispute Settlement (UNCTAD: New York and Geneva, 2003).
- "Trade Conflict and the U.S.-European Union Economic Relationship," CRS Report RL30732 (July 26, 2006) .
- "Commerce Department Implements U.S.–Canada Lumber Accord," International Trade Update (Nov. 2006).
- WTO page on TRIPS
- OXFAM International, "Patents vs. Patients: Five years after the Doha Declaration," Briefing Paper 95 .
- SURVEY: OUTSOURCING - A world of work," Economist (11/11/2004) [Note: Subscription required]
- Sources for SURVEY: OUTSOURCING," Economist.
- Mankiw and Swagel, "The Politics and Economics of Offshore Outsourcing," paper presented
at Carnegie-Rochester conference, November 18, 2005.
- "Exclusive: Not all trade agreements are good," Economist (11/18/2004)
- William C. Gruben, "NAFTA, Trade Diversion and Mexico’s Textiles and Apparel Boom and Bust Southwest Economy (Dallas Fed, Sep/Oct 2006).
- Oxfam America, “Rigged Rules and Double Standards: trade, globalization, and the fight against poverty," (2004)
- "The OECD on China's Economy: A Model of Reform," Economist (9/16/2005)
Economics and Economic Policy Links
U.S. Government Agencies
Current and Historical Data
- World Bank Trade Data page
- International Trade Data page set up by Jon Haveman
- White House Economic Briefing Room Contains
current economic data.
- Bureau of Economic Analysis, Dept. of Commerce Data on GDP components as well as trade and FDI flows
- Bureau of the Census, Dept. of Commerce Data on the characteristics
of the US population as well as of US firms.
- Bureau of Labor Statistics, Dept. of Labor Data on
wages, prices (including imported goods), productivity in the US and abroad, and employment and unemployment rates.
- Statistical Abstract of the US
A compilation of statistics about the US, from government and nongovernment sources.
- Economic Report of the President, various years. The back portion of
this annual publication contains about 70 tables of government economic data.
- St. Louis Fed economic database Thousands
of time series on economic activity, in an easily downloadable form.
- Economic Time Series page A large collection of economic time series.
- NBER Data Specialized economic databases, including trade related, created by
economists associated with the National Bureau of Economic Research.
- BEA detailed data on services Useful link for US data on offshore outsourcing.
- Penn World Tables Annual GDP and other data for over a hundred countries, expressed
in dollars, after adjusting for differing price levels.
PA856 Trade, Competition and Governance in the Global Economy/ UW Madison / firstname.lastname@example.org / 5 December 2006