Trade Policy as an Economic and Political Instrument in East Asia (3 ECTS)
Instructors: Patrick Messerlin and Jimmyn Parc
Time: March 12 – April 28, 2018
Course Description: The course will use Korea as an “anchor” country due to the fact that it offers the best illustration of trade policy being used as an economic and diplomatic/security instrument. It will adopt an historical approach which fits well with the progressive evolution of East Asia over the last forty years. The first session will begin by providing basic economic knowledge (in a non-technical way) that will demonstrate clearly what can make a trade policy beneficial or toxic. Importantly this knowledge can be used in many domains other than international trade. The second and fourth sessions will present the trade policies of Korea and East Asia in two periods—before and after the mid-1990s—from an economic and political perspective. The third and fifth sessions will present the reactions of Korean companies during each period. The last session will be forward looking—focusing on the business concerns raised by the new political landscape.
Learning Outcomes: In the Asia Pacific region, trade policy is key. It has been crucial for countries to both rise out of poverty and manage international conflicts. This course examines how the countries in the region have progressively mastered trade policies since the end of World War II—shifting East Asia to the center of the world today. By the same token, it seeks to help students develop a clearer assessment on which crucial steps must be undertaken in order to shape East Asia for the future. This will help to create a richer and more peaceful region as it faces potentially more troubled times on the horizon.
Taken as: Online lectures (4.5 h), course readings, one small assignment, essay and peer review.
Grading: On a scale of 1–5
Target Group: The Master’s level courses are aimed for students who have already acquired some knowledge about Asia or on the specialty of the particular course.
This course is organised for the last time in spring 2018.