Paris School of Economics - École d'Économie de Paris

Economics serving society

François Bourguignon

François Bourguignon

PSE Emeritus Professor

Campus Jourdan – 48 Boulevard Jourdan 75014 Paris

6th floor, office 10

Phone +33(0)1 80 52 16 11

  • International Trade
  • Development Economics
  • Education
  • Wealth, income and redistribution
  • Economy Wide Country Studies (China, India, Senegal, Brazil...)
  • Public Economics

Courses and Seminars

If you are one of my student, my pedagogical ressources are online :

http://teaching.parisschoolofeconomics.eu


The distributional challenges of globalization

Masters APE et PPD - semestre 1

Economic analysis suggests the various forms of globalization increase the efficiency of the global economy in agreement with the well-known model of international trade. This is true, however, only under a set of conditions that need to be identified. On the other hand, this aggregate efficiency argument does not say anything about the distributional effects that globalization may have. Even if the total welfare gain is positive, some agents may gain proportionally less than others and some may even lose. The social tensions that globalization may generate must be found in those distributional asymmetries, and to the difficulty to implement mechanisms that would compensate the losers. This course will review the main distributional effects of globalization under its different forms, as they could be observed over the last 15 to 20 years. It will try to establish whether these effects are those predicted by economic theory and whether they can be compensated by redistribution policies. The various channels of globalization covered in the course will include: the flow of goods and services, of capital, of people (migration), official development assistance, technological transfers and intellectual property rights, and finally global externalities, emphasizing global warming. A final chapter will be devoted to the issue of global governance.