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2013/2014 BA-HA_HU3B Contemporary political economy: Lessons from Brazil
| English Title | |
| Contemporary political economy: Lessons from Brazil |
Course information |
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| Language | English |
| Exam ECTS | 7.5 ECTS |
| Type | Elective |
| Level | Bachelor |
| Duration | Summer |
| Course period | Summer
Please check www.cbs.dk/summer for the course schedule. |
| Time Table | Please see course schedule at e-Campus |
| Study board |
Study Board for BSc in Economics and Business
Administration
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| Course coordinator | |
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| Main academic disciplines | |
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| Last updated on 22-07-2013 | |
| Learning objectives | |||||||||||||||||||||||
At the end of the course, the student
should be able to:
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| Course prerequisites | |||||||||||||||||||||||
| There are no prerequisites for this course aside from undergraduate standing. | |||||||||||||||||||||||
| Prerequisites for registering for the exam | |||||||||||||||||||||||
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Requirements about active
class participation (assessed approved/not approved)
Mandatory Mid-term Assignments: For the mid-term assignment, students will work in groups (of four or five) and answer three questions regarding the topics of the course at the end of the 4th week. A sample question follows below. 1.Should European countries (and Denmark in particular) enact a version of the Brazilian Fiscal Responsibility Law? |
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| Examination | |||||||||||||||||||||||
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| Course content and structure | |||||||||||||||||||||||
| This course invites undergraduate
students to delve into political economy and the recent evolution
of the Brazilian economy and its international context. The
beginning of the XXI century marked a transition period for the
Brazilian economy. The previous decade was one of the most
turbulent in the country’s history, first with hyperinflation
looming and then with the beginning of reforms that took the
economy from an inflationary cliff to a period of low inflation,
low growth and many policies that reshaped the economy and prepared
it for the future. Taking an interdisciplinary approach, we will
analyse the social-economic transformation of Brazil into a
regional beacon of growth and a relevant international player. The
course goes beyond simple economic data analysis (and internal
politics), also presenting a focus on different international
movements that helped shape the path of the Brazilian economy
during the last two decades, alongside a solid political economics
framework. Readings for every class meeting present students with a
variety of contemporary analysis of political economy, from capital
movements, poverty policies, the Financial Crisis and its impact on
developing countries.
The course is structured to provide students with a series of coherent modules. The first module introduces concepts in development economics and economic policy, the social-economic data of Brazil and some aspects of Brazilian culture that influenced the recent development of the country. The second module relates the most important political and economic reforms in the Brazilian economy (such as the Fiscal Responsibility Law, Bolsa Família program, and Exports growth) and relate it to major events in the international scenario, such as the Asian Crisis, the ascension of China, the boom period of 2003-2007, the Financial Crisis, and the following world recession. The final module presents some perspectives on the future, exploring the bottlenecks of development and the evolution of the Global Economy, focusing on some aspects that are common to developing and development countries alike. The course's development of personal competences: Students will learn critical thinking with a solid economic foundation, learning how to determine costs and benefits of economic and social policies. Students will be able to think more systematically about development policies and the role of international context. They will be introduced to a variety of major conceptual and theoretical approaches to understanding political economy, economic and social development, and policy creation. |
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| Teaching methods | |||||||||||||||||||||||
| Classes usually begin with a lecture
and are followed by discussion to ensure that students are able to
interpret and critique the readings.
Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings to be read before the start of classes with a related task or tasks in the first two classes in order to 'jump-start' the learning process. Prior to the first class, students will be asked to answer the following questions in a very short essay (1-3 pages). How much do you know about Latin America? How reliable is your information? Is it anecdotal or systematic? Below are the main macroareas in transcultural studies. What do you expect the differences to be between your own culture and the Brazilian culture: Economics Politics Social Structure Roles of Men and Women Religion and Beliefs Music and Art Food Education Communications Health and Welfare Reports will form a basis for class discussion.. |
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| Expected literature | |||||||||||||||||||||||
| The course will not make use of a
textbook. Instead, students will read excerpts and articles. All
reading will offered in a compendium. The following is a
provisional schedule.
Module 1. Economic and Social Development Development Economics (Debraj Ray, 2007). Prepared for the New Palgrave Dictionary of Economics. Modern Economic Theory and Development (Karla Hoff and Joseph E. Stiglitz) The New Development Economics: We shall experiment, but how shall we learn? (Dani Rodrik, 2008) Development Economics and Social Entrepreneurship: A Recursive Social Capital Accumulation Model. (Rodrigo Zeidan, 2009). The New Economics of Sustainable Development: A Briefing for Policy Makers. Development Economics: An Overview (Christopher B. Barrett, 2007) Module 2. Brazilian Recent Development Why is Brazil an Emerging Market Economy? (by Sean Willians, 2011). Brazil: A Tale of Two Countries (Rodrigo Zeidan and Michele Bagella, 2013). Pro- and Anti-Market Reforms in Democratic Brazil (Armando Pinheiro et al, 2008) How Brazil's Economic Reform Is Paying Off In The Crisis (BNY Mellon, 2009) Module 3. Bottlenecks and Reforms for the Future: Lesson to Brazil, Europe and the World. Macroeconomic Effects of Public Pension Reforms (Phillipe Karam et al, 2010) Rethinking Macroeconomics (Jeffrey D. Sachs, 2009) |
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Last updated on
22-07-2013
Course information |
|
| Language | English |
| Exam ECTS | 7.5 ECTS |
| Type | Elective |
| Level | Bachelor |
| Duration | Summer |
| Course period | Summer
Please check www.cbs.dk/summer for the course schedule. |
| Time Table | Please see course schedule at e-Campus |
| Study board |
Study Board for BSc in Economics and Business
Administration
|
| Course coordinator | |
|
|
| Main academic disciplines | |
|
|
| Last updated on 22-07-2013 | |