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Regular version of the site
Master 2021/2022

World Economy: Changes after the Great Recession

Type: Elective course (World Economy)
Area of studies: Economics
When: 1 year, 1, 2 module
Mode of studies: offline
Open to: students of all HSE University campuses
Master’s programme: World Economy
Language: English
ECTS credits: 5
Contact hours: 48

Course Syllabus

Abstract

This course aims to make graduate students familiar with the major concepts, factual materials and debates in global transformational processes since the last quarter of the 20th century. The course is aimed to develop the students’ comprehension of the complexity of the global socio-economic transformations for roughly four decades. On the one hand, in this period of history we observe a great success of development policies and technological changes. On the other hand, crisis and commodity price fluctuations, Great Moderation and Great Recession were in the center of events. This course’s focus is also on the comparison of three main types of economic systems: Anglo-Saxon, Continental and Asian by now. The course covers many issues to compare legal systems, corporate governance, financial market, energetic systems, human capital, inequality, social policies, etc. Special attention is paid to corruption and organized crime
Learning Objectives

Learning Objectives

  • To make graduate students familiar with the major concepts, factual materials and debates in global transformational processes since the last quarter of the 20th century.
  • To develop the students’ comprehension of the complexity of the global market, socio-economic complexities of transformation for roughly four decades.
Expected Learning Outcomes

Expected Learning Outcomes

  • Able to learn, to acquire new knowledge and skills.
  • can assess and revise the experience, to cogitate professional and social activity
  • can work with the information: to find, assess and use the necessary information from different sources
  • The student is able to assess and revise the experience, to cogitate professional and social activity
  • The student is able to learn, to acquire new knowledge and skills
  • The student is able to learn, to acquire new knowledge and skills.
  • The student is able to work with the information: to find, assess and use the necessary information from different sources
Course Contents

Course Contents

  • Global context: historical, economic and legal perspectives
  • Economic Growth and Development
  • Global Development in 1975 – 2016
  • Russian economic system
  • Industries and markets of the global economy
  • Countries and country groups: crucial development features
  • Maturing Postindustrial world
  • Great Moderation – Spectacular Growth of 1990-2008 and “mines”
  • Social and political controversies in the global economy
  • Corruption, organized crime and common actions against them in the globalized economy.
  • Global Governance in Transition
  • World on the move – new drivers
  • Emerging markets and their role in global economy
  • EMEs, globalization and international trade
Assessment Elements

Assessment Elements

  • non-blocking Presence and participation in discussions
  • non-blocking Essay and presentation
  • non-blocking Final exam
Interim Assessment

Interim Assessment

  • 2021/2022 2nd module
    0.3 * Presence and participation in discussions + 0.4 * Essay and presentation + 0.3 * Final exam
Bibliography

Bibliography

Recommended Core Bibliography

  • Grossmann, V. (2005). Helpman, E.: The Mystery of Economic Growth. Journal of Economics, 85(3), 297–300. https://doi.org/10.1007/s00712-005-0116-z
  • Saskia Sassen. (2008). Introduction to Territory, Authority, Rights: From Medieval to Global Assemblages. Introductory Chapters. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.h.pup.chapts.8159.1
  • Таранов Петр Владимирович, Попова Лариса Хачатуровна, & Куликова Ирина Викторовна. (2019). Мировая Экономика И Особенности Ее Глобализации. Государственное и Муниципальное Управление, (1), 146. https://doi.org/10.22394/2079-1690-2019-1-1-146-150

Recommended Additional Bibliography

  • Blanc-Jouvan Xavier. (2014). Jan M. Smits (ed.). -Elgar Encyclopedia of Comparative Law, 2nd ed., 2012. Revue Internationale de Droit Comparé, (1), 184. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsper&AN=edsper.ridc.0035.3337.2014.num.66.1.20363.t19.0184.0000.2
  • Olivier Cattaneo, Gary Gereffi, & Cornelia Staritz. (2010). Global Value Chains in a Postcrisis World : A Development Perspective. The World Bank. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.wbk.wbpubs.2509

Authors

  • KURDIN ALEKSANDR ALEKSANDROVICH
  • MEDZHIDOVA DJANNETA Джамаловна