Module 1 - Trade, financial system and macroeconomic management in a globalizing economy
Course Description: This module offers an integrated approach to the analysis of the implications for growth and development of trade, finance and macroeconomic policies, both at the national and the international level. Its objective is to enhance the understanding of participants of the increasing integration and interdependence of the individual countries and of the challenges resulting from globalization and regionalisation. It also looks at the implications of trade liberalization on growth and development, and for the need of sound and coherent macroeconomic and financial policies.
| Monday 12 July
2004 |
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| 0900-1000 hrs: | Welcome address: Ministry of Industry and International Trade and UNCTAD |
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| Presenters: TBD | ||
Globalization and Development |
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| 1030-1200 hrs: | Globalization and development: an introduction to the issues |
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| The driving forces behind globalization and the role of trade and capital movements for economic convergence will be discussed, as well as problems for the integration of transitional and emerging economies in the globalization process. | Presenter: Jan Kregel | |
| 1330-1500 hrs: |
The international trading system and industrialization in developing and emerging economies |
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| The implications of trade liberalization through WTO on industrialization and growth will be analysed, taking into account development during the last two decades. | Presenter: Mehdi Shafaeddin | |
| 1530-1700 hrs | General
debate
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Panel: Led by Jan Kregel and M. Shafaeddin |
| Tuesday,
13 July 2004 |
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| Economic reform and prospects for integration to the world economy |
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| 0900-1030 hrs | Export dynamism and diversification; is the experience of developing countries applicable to transitional economies |
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| The evolution of world trade in various categories of products and the pattern of participation of various countries in international trade will be examined and their industrial policies will be discussed. | Presenters: Jan Kregel | |
| 1100-1230 hrs | International trade and finance and policy coherence |
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| Presenters: Jan Kregel | ||
| 1400-1530 hrs | Economic reforms and comparative performance of transitional economies, Videoconference from UNECE-Geneva |
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| Presenters: Jaromir Cekota/UNECE | ||
| 1600-1700 hrs |
General debate
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Panel: Led byJan Kregel and M. Shafaeddin |
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Wednesday, 14 July 2004 |
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Interrelations between trade and finance, and policy coherence |
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| 0900-1030 hrs | Economic reform, investment and growth; experience of the recent decade |
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| The impact of economic reform on investment decision and the role of FDI will be analysed in the light of the experience of the last two decades to investigate whether there are similarities between developing countries and transitional economies. | Presenter: M. Shafaeddin | |
| 1100-1230 hrs |
Issues in the reform of the international financial system |
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| This is a discussion of unresolved systemic issues that have arisen in the context of financial crises in various emerging-market economies. Appropriate exchange-rate policies for developing countries and requirements for the prevention and better management of financial crises will also be discussed. | Presenter: Jan Kregel | |
| 1400-1530 hrs |
The Czech experience with transition to a market economy |
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| The experience of the Czech Republic in economic reform and transition would be judged as against the targets and goals, which were set by the Government and the criteria and policies outlined in the Washington consensus. An attempt will be made to focus on economic issues in particular the question of change of ownership, speed and timing of transformation. If time allows, reference will be made to such obstacles as financing of transformation as well as socio-political issues. |
Presenter: Ingeborg Němcová | |
| 1600-1700 hrs |
General Debate |
Panel: Led byJan Kregel |
Reading List go to top
| Globalization and development: an introduction to the issues | ||
| The international trading system and industrialization in developing and emerging economies | ||
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| Export dynamism and diversification; is the experience of developing countries applicable to transitional economies? | ||
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| International trade and finance and policy coherence | ||
| Economic reforms and comparative performance of transitional economies | ||
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| Economic reform, investment and growth; experience of the recent decade | ||
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| Issues in the reform of the international financial system | ||
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| Mehdi Shafaeddin | Mehdi Shafaeddin holds a D.Phil. in Economic Development (University of Oxford, U.K.); Senior Economic Affairs Officer in charge of Macroeconomic and Development Policies Branch, Division on Globalization and Development Strategies, Staff member of the UNCTAD secretariat since 1981; member of the team preparing the Trade and Development Report; extensive experience in teaching and research; numerous publications on development issues, including trade and industrial policy, economic reform, investment, agricultural policies, exchange rates and globalization. |
| Jaromir Cekota | Jaromir Cekota works since September 2003 in the Economic Analysis Division at the United Nations Economic Commission for Europe in Geneva. His former positions include that of an economist in the Country Studies branch of the Economics Department of the OECD in Paris, resident representative of the European Bank for Reconstruction and Development in Bratislava, and associate professor at Mount Saint Vincent University in Halifax. He received a PhD degree in economics at the University of Calgary. |
| Ingeborg Němcová | Ingeborg Němcová is Associate Professor of Economic Policy and Jean Monnet Chair in Economics at the University of Economics in Prague. She is a specialist in European Union Economic Policy. Her long-term research orientation has focused on general issues of transformation in the CEE region, privatisation, corporate governance and FDIs. She has been reading regular lectures also on these topics at international programmes at the University of Economics and at the Charles University in Prague. |
| Jan Kregel | Jan Kregel is currently Senior Interregional
Advisor at UNCTAD, serving in the New York Liaison Office. He previously
was Professor of Economics in the Università degli Studi di Bologna
as well as serving as Professor of International Economics in the Johns
Hopkins University Paul Nitze School of Advanced International Studies
where he has also served as Associate Director of its Bologna Center from
1987-90. A Life Fellow of the Royal Economic Society (U.K.), an Elected
member of the Società Italiana degli Economisti and Miembro Distinguido
of the Asociacion Nacional de Economistas y Contadores de Cuba, biographical
entries appear in all editions of Who's Who in Economics, and recent editions
of Who's Who in Europe (now European Biographical Dictionary, Who's Who
in the World as well as in La Pensée Economique depuis Keynes:
Historique et Dictionaire des principaux auteurs, M. Beaud and G. Dostaler,
eds. Professor Kregel received his training in economics at Rutgers University
in the US and the University of Cambridge in England; he has held Lectureships
and Senior Lectureships in universities in the United Kingdom, Chairs
of Economics in the United States and the Netherlands, and visiting Chairs
of Economics and Finance in Belgium, France, Germany and Mexico. Among
his major published works are a series of books in economic theory including
Rate of Profit, Distribution and Growth: Two Views, Macmillan, 1971,
Theory of Growth, Macmillan, 1972, The Reconstruction of Political Economy,
1973, 2nd edition, Macmillan, 1975, Theory of Capital, 1976, and Origini
e sviluppo dei mercati finanzieri, 1996, as well as over one hundred
and fifty articles published as chapters of edited books and in scholarly
journals including the Economic Journal, American Economic Review, Journal
of Economic Literature, Journal of Post Keynesian Economics, Economie
Appliquée, and Giornale degli Economisti among others. His works
have been published or translated in Italian, French, German, Dutch,
Spanish, Basque, Portuguese, Greek, Japanese, Russian, Turkish, Finnish,
Hungarian, Serbo-Croat, Hindi and Ukrainian. |