This course introduces students to the history of the global economy, stressing the central role that economic history can have in informing current debates on the key challenges facing society today: the future of globalization, the factors shaping inequality, or the role of monetary and fiscal policy in stabilizing the economy. It asks: What were the political and technological underpinnings of increased trade, capital and labour flows over the past two centuries; what were the effects of these flows on income distribution within countries; and what political responses did they provoke? What can explain the deglobalization experienced in the years between 1914 and 1945? Can history inform current debates about industrial policy? What is the relationship between globalization and peace?
Kevin O'ROURKE,Nicolas GHIO
Cours magistral seul
English
Students are required to read the assigned materials for each lecture.
This is an in-depth course. Students should be familiar with essential quantitative methods in the social sciences including descriptive statistics and regression analysis.
Autumn 2024-2025
Students will be required to compose a short essay of no more than 800 words for the mid-term exam, and there will be a 2 hour written final exam.
This is a lecture course. Students are encouraged to ask questions in class.
Panza, Laura, and Jeffrey G. Williamson. "Did Muhammad Ali Foster Industrialization in Early Nineteenth-Century Egypt?". The Economic History Review 68, no. 1 (2015/02/01 2015): 79-100. https://doi.org/10.1111/1468-0289.12063. https://doi.org/10.1111/146
O'Rourke, Kevin H., and Jeffrey G. Williamson. Globalization and History : The Evolution of a Nineteenth-Century Atlantic Economy. Cambridge, Mass.: MIT Press, 1999.
Ellison, Martin, Sang Seok Lee, and Kevin Hjortshøj O'Rourke. "The Ends of 27 Big Depressions." American Economic Review 114, no. 1 (2024): 134-68. https://doi.org/10.1257/aer.20221479. https://www.aeaweb.org/articles?id=10.1257/aer.20221479.
Abramitzky, Ran, and Leah Boustan. "Immigration in American Economic History." Journal of Economic Literature 55, no. 4 (2017): 1311-45. https://doi.org/10.1257/jel.20151189. https://www.aeaweb.org/articles?id=10.1257/jel.20151189.