Course overview
This course is concerned with the relationship between trade and economic development, with specific regard to trade policies. It provides an overview of how trade can contribute to economic growth when framed by the appropriate domestic and international policies and measures. It analyses the trade and economic policies in East Asia, Association of Southeast Asian Nations (ASEAN) and other selected developing countries. Development related issues such as alignment of industrial and trade policies, behind border issues and trade and investment facilitation are presented and discussed.
Course learning outcomes
- Develop a conceptual framework for explaining the global variation in development paths, identify and analyse the institutional underpinnings of economic development and apply this to developing country issues
- Identify and analyse differing perspectives on the necessary conditions for trade measures to effectively contribute towards poverty reduction and achievement of the Sustainable Development Goals
- Discuss developing country issues within the context of the World Trade Organisation, including the General Agreement on Tariffs and Trade (GATT), General Agreement on Trade in Services (GATS) and their major agreements
- Compare the advantages of multilateral and regional or bilateral preferential trade agreements in assisting developing countries in achieving sustainable development
- Demonstrate understanding of the complex relationship between trade and development to identify development strategies that can impact poverty alleviation through sustainable economic growth