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INTB 3351 SP 2011 SYLLABUS[1]


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Sheet1 Page 1 HISTORY OF GLOBALIZATION http://www.cartoonweb.com/images/globalization/globalization1.gif SPRING 2011 INTB 3351 ¶ 04-LEC (19593) CEMO 100D • Wed 10:00 AM ° 11:15 AM Professor César Seveso Office: 565 Agnes Arnold Hall Phone: 713-743-2672 Email: Blackboard Vista ([email protected] for emergencies) Office hours: Wed, 11:30-1:30 Teaching Assistants: Ms. Natalie Ciecieznski and Mr. Timothy Wyatt Email: Blackboard Vista Office: 325P MH Office hours: See below Course description: This course aims to help students develop a critical understanding of global capitalism. It combines historical, political, and economic analyses in an effort to uncover the forces that have made and remade the world since the last decades of the nineteenth century. We will look at the way that international trade, migrations, and global investments have transformed both national economies and the way we live and work today. If, as Jeffry Frieden has remarked, ± globalization was a choice, not a fact,± we still need to explain who made that choice, and why. In so doing, we will examine the domestic forces that have sustained, and continue sustaining, our global economy. The course is divided into four parts, each one of them marked by a major economic crisis. We will begin by analyzing the earlier golden age of global capitalism, what made it possible and why it succumbed during the early twentieth
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Sheet1 Page 2 century. We will focus on the creation of the Gold Standard, the evolution of free trade, the mass migrations of capital and people, and the development of new, world-shattering technologies. The second part covers the period from the First World War until the end of the Second World War. Here, we will look at the impact that new products and industrial processes had on an unprecedented growth in productivity, leading to the establishment of new corporations, such as the automobile industry. Yet we will also see how the boom ended. From the deflation and prolonged depression that marked the 1930s, which drove most of the economies inward, we will then move onto the establishment of the new social democracies. The course± s third part studies three major developments of the postwar order: freer trade, international monetary stability, and the recovery of international investment. This era was marked by the emergence of the United States and the Soviet Union as major global actors, the Bretton Woods monetary order, and the industrialization of developing economies based on import substitution. Finally, the last part focuses on the globalization of manufacturing and finance, the impact of increasing international economic integration on poverty and inequality, and global climate change. Objectives: This class invites you to go further than mastering concrete historical facts about globalization. It asks you to think historically, to develop your own explanations for why the past unfolded as it did, rather y than along some other path. In addition to expanding your knowledge, this course aims to improve your oral and written expression of ideas and sharpen your skills in critical reading and writing. You will be
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