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 2004 Semester
Syllabus |
Important Dates |
Downloadable Course Materials and Information Sources |
Robert M. LaFollette School of Public Affairs |
Department of
Economics
LECTURE: MW 1:00-2:15 114 Ingraham (room changed, effective 9/15)
Instructor
Professor Menzie Chinn
Office Hours: M4-6
Office: 7418 Social Sciences Bldg.
Phone: (608) 262-7397
email:
mchinn@lafollette.wisc.edu
Home Page
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 is:
Paul Krugman and Maurice Obstfeld, International Economics: Theory and Policy 6/E (Addison-Wesley),
available at the University Bookstore. [For those of you who referred to this website earlier, the Lash text has been dropped since it is out of print.]
Additional assigned readings will be available in a readings packet, and on the Web (via links on this website).
- Midterm 1, October 18.
- Midterm 2, December 1.
- Term paper, December 15.
Downloadable Course Materials
Additional Readings and links
- "Services Offshoring: What do the data tell us?" Brookings Conference, June 22, 2004.
- Kozlow and Borga (BEA), Offshoring and US Balance of Payments, June 22, 2004.
- "The Economics of Offshoring," Economist, Sept. 16, 2004.
- NBER Conference on "Globalization and Poverty," Sept. 10-11, 2004.
- Kym Anderson, "The Challenge of Reducing Subsidies and Trade Barriers," World Bank Policy Research Working Paper No. 3415 (Sept. 2004).
- Hildegunn Kyvik Nordås, “The Global Textile and Clothing Industry post the
Agreement on Textiles and Clothing,” WTO Discussion Paper No. 5 (July, 2004).
- Links to Agriculture and Trade readings
- WTO page on Regional Trading Arrangements
- Edwin Vermulst, "Section 3.6: Anti-dumping," ispute Settlement (UNCTAD: New York and Geneva, 2003).
- Office of Textiles and Apparel, US ITA (Dept. of Commerce) China textile safeguards are described here.
- Committee for the Implementation of Textile Agreements (CITA) Interagency group chaired by Commerce.
- Countervailing and Anti-dumping duty orders in place as of 10/2004, by country.
- Countervailing and Anti-dumping duty orders in place as of 10/2004, by date.
- WTO page on TRIPS
- World Bank, "Press Release: Regional Trade Pacts Must Create – Not Divert – Trade to Reduce Poverty: World Bank Report" (11/16/2004)
- European Union description of 1992 Agreement on Large Civil Aircraft
- BBC Q&A: Boeing vs. Airbus
- USTR, "Press Release: U.S. Files WTO Case Against EU Over Unfair Airbus Subsidies" (10/6/2004)
- SURVEY: OUTSOURCING -
A world of work," Economist (11/11/2004) [Note: Subscription required]
- Sources for SURVEY: OUTSOURCING," Economist.
- Oxfam America, “Rigged Rules and Double Standards: trade, globalization, and the fight against poverty," (2004)
- "Exclusive: Not all trade agreements are good," Economist (11/18/2004)
- "Special report: The textile industry; the looming revolution," Economist (11/13-19/2004)
News
- "Failure in Cancun haunts WTO," Washington Post, July 29, 2004
- "Farm Subsidies Again Take Front Seat at the W.T.O.," NYT, July 29, 2004
- "From Cancún to Geneva," Economist, July 27, 2004
- "Accord near to keep Doha round alive," FT, July 30, 2004
- "Free trade in South-East Asia: More effort needed," Economist, July 29, 2004
- "Pact reached to free up world trade," Straits Times, August 1, 2004
- "Q&A: WTO trade breakthrough," BBC Online, August 1, 2004
- "An Elder Challenges Outsourcing's Orthodoxy," NYT, Sept 9, 2004
- "Producer Prices Drop, Trade Gap Narrows," Reuters, Sept 10, 2004
- V. Marsh, "Australia finalises bilateral trade deal with US," FT, Nov. 18, 2004
- P. Blustein, "China to Impose Duties on Clothing Exports," WP, Dec. 13, 2004
- "EU Signs Off on Abolition of Textile Quotas," Forbes, Dec. 13, 2004
News Sources
Other
Weblogs
Economics and Economic Policy Links
U.S. Government Agencies
International Organizations
Current and Historical Data
- 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.
- J.P. Morgan This site provides world financial data, including trade weighted exchange rates.
- NBER Data Specialized economic databases, including trade related, created by
economists associated with the National Bureau of Economic Research.
- 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 / mchinn@lafollette.wisc.edu / 13 December 2004