GLEF3020 GLOBAL AND REGIONAL ECONOMIC INTEGRATION

From economic, political and social perspectives, this course discusses costs and benefits as well as opportunities and challenges of economic integration and cooperation. The issues on multilateral negotiations, trade liberalization and globalization are examined. Major international trade and monetary organizations, such as General Agreement on Tariffs and Trade (GATT), World Trade Organization (WTO), International Monetary Fund (IMF) and the World Bank, are introduced. Major developments on global and regional economic integration, including the North American Free Trade Agreement (NAFTA), the European Union, Free Trade Agreements (FTAs) in Asia such as the ASEAN FTA (AFTA), the China-ASEAN FTA (CAFTA), and FTAs in South America are introduced. (Pre-requisite(s): DSME1030 or ECON2011)