Globalization and environmental policy

A.Y. 2020/2021
Overall hours
Learning objectives
The course aims to analyze the economic effects of globalization from both a theoretical and an empirical point of view. Particular attention is given to: i) the relationships between international trade and environmental sustainability by examining the impact of trade on industrial pollution and the use of natural resources; ii) to the international policies that have as their object the regulations of the exploitation of natural resources and environmental pollution.
Expected learning outcomes
At the end of the course the student will have knowledge of the main theories and economic models for the interpretation of market globalization processes. The student will develop useful skills to interpret the phenomena linked to globalization and international trade from an economic point of view with reference to environmental sustainability. The student will have competences on the main quantitative methods to interpret these phenomena.
Course syllabus and organization

Single session

Lesson period
First semester
This course will be held through online synchronized lectures on (Teams, Zoom). Moreover, in person meetings will be organized on monthly basis to deepen a selection of themes discussed during the course. During these meetings, students will be proposed innovative teaching activities, such as the assignment of scientific articles related to the topics covered in the course. Students' understanding of these articles will be assessed by the teacher during the meeting and subsequently the most critical aspects that will emerge will be discussed collectively during the meeting. If these meetings will be held in rooms that do not allow to be simultaneously attended by students who are unable to come in person, they will be also held online following the same frequency.
Course syllabus
1 International trade theory and trade policies
· International trade models (Ricardo, Heckscher-Ohlin, Krugman)
· Trade policies (tariffs and non-tariff barriers)
· Relationship between trade policies and climate emissions

2 Environmental policies and international trade
· Economic growth and emission of pollutants (Environmental Kuznet Curve; Scale, Composition, and Technology Effects)
· Openness to trade and environmental regulations (Pollution Haven Hypothesis; Race to the Bottom Hypothesis)
· International agreements, standards and environmental policies.
· International and environmental trade policies in the European Union
Prerequisites for admission
Microeconomics and environmental economics exams (recomended)
Teaching methods
Synchronous online lessons and face-to-face meetings for in-depth study on selected topics on a monthly basis
Teaching Resources
· Feenstra R. C. e Taylor A. M. (2014). International Trade, Worth MacMillan, New York (F-T).
· Gallagher K.P. (2008). Handbook on Trade and the Environment. Edward Elgar Publishing.
· Lecture Slides
· Readings suggested by the teacher
Assessment methods and Criteria
The exam will be oral and the knowledge acquired by students with respect to the topics covered in the course will be assessed. Students' understanding of scientific articles analyzed in depth during the course will also be evaluated during the exam. Finally, students' ability to analyze and discuss critically topical issues concerning the relationship between globalization and the environment will be assessed.
Lessons: 48 hours