Bachelor
2022/2023
Contemporary Forms of Protectionism
Type:
Elective course (World Economy)
Area of studies:
Economics
Delivered by:
Department of Trade Policy
When:
4 year, 1, 2 module
Mode of studies:
distance learning
Online hours:
16
Open to:
students of all HSE University campuses
Language:
English
ECTS credits:
5
Contact hours:
44
Course Syllabus
Abstract
The emergence of a new regulatory environment (global – regional – national), including Russia's membership in the WTO, has a direct impact on the international competitiveness of Russian business: new opportunities open up for some industries, and threats arise for others. It should be recognized that employees of state institutions responsible or involved in decision-making in the field of regulation of foreign economic activity do not have the necessary level of advanced theoretical knowledge, practical skills, knowledge of the "best world experience".
Learning Objectives
- Studies the impact of the evolution of trade policy instruments (including foreign economic policy in General) on long-term trends in various sectors of international trade and international competition conditions.
- Develops practical skills of development and decision-making in this area both at the level of the state and business.
Expected Learning Outcomes
- Describes mechanisms of international payments regulation which impact trade development.
- Describes the current trends and problems in the use of TBT and SPS measures.
- Describes the main directions of development of export subsidies and support.
- Describes the main types of sanctions.
- Describes the problems of emergence and prevention of barriers and effects of disintegration of international trade in the development of regional cooperation.
- Describes the relationship between the application of sanctions and the rules of the WTO multilateral system.
- Describes the role of governmental commercial enterprises in ensuring the interests of national business.
- Describes the theoretical foundations and tools for analyzing the impact of the exchange rate on trade development and competitiveness.
- Evaluates the effectiveness and economic impact of sanctions.
- Evaluates the ratio of regionalism and multilateralism in terms of long-term prospects for international trade.
- Finds information on trade data bases.
- Highlights the main features of the development of the international legal framework in this area.
- Illusrtates the interrelation of problems of currency dumping and WTO and IMF rules.
- Illustrates the current trends in the development of international investment regulation.
- Illustrates the opportunities and practice of using public procurement as a means of supporting national business within the WTO rules.
- Illustrates the practice of using currency dumping.
- Illustrates the relationship between trade and environmental regulation.
- Illustrates the role of company standards in shaping market access conditions.
- Reviews environmental issues in the WTO and other institutions.
- Reviews international legal framework in the regulation of governmental commercial enterprises.
- Reviews investment issues in the WTO.
- Reviews the history and practice of using political sanctions in the sphere of trade.
- Reviews the interests of the Russian Federation in the use of marine biological resources.
- Reviews the international legal framework regarding the sanctions policy.
- Reviews the legal framework in the field of marine biological resources, multilateral agreements in this area.
- Reviews the legal framework of the WTO in the field of subsidies and export support.
- Reviews the main trends and directions of export support and subsidies practice.
- Reviews the practice of regulation of public procurement in different groups of countries.
- Reviews the problems of Russia's participation in the WTO agreement on public procurement.
- Reviews the prospects for change in the WTO rules in the area of subsidies in fisheries.
- Works with trade data bases.
Course Contents
- The standards of enterprises as a main instrument of protectionism and other measures of TBT and SPS.
- Subsidies and export support as a tools of modern protectionism.
- The opportunities for protectionism in case of creating RTA.
- Investment regimes and protectionism. The attempts and the problems of multilateral investment regulation.
- The review of data bases on trade barriers and non-tariff measures.
- The regulating instruments of marine biodiversity, multilateral agreements in this sphere.
- State trading enterprises in the system of modern protectionism.
- Environmental protectionism.
- Government procurement as an instrument of protectionism and the support of the national business.
- Trade sanctions policy as an instrument of impact on international trade.
- Currency dumping and instruments of the exchange rate and the balance of payments regulation.
- International payments regulation as an instrument of impact on trade.
Bibliography
Recommended Core Bibliography
- Sheldon, I. M., Chow, D. C. K., & McGuire, W. (2018). Trade Liberalization and Constraints on Moves to Protectionism: Multilateralism vs. Regionalism. American Journal of Agricultural Economics, 100(5), 1375–1390. https://doi.org/10.1093/ajae/aay060
- Глобальное экономическое регулирование : учебник для вузов, Зуев, В. Н., 2009
- Международные экономические организации : регулирование мирохозяйственных связей и предпринимательской деятельности, Герчикова, И. Н., 2001
- Ханин, М. С. Структурная перестройка в мировой экономике и протекционизм [Электронный ресурс] : Учеб. пос. / М. С. Ханин. - М. : МГАВТ, 2012. - 34 с. - Режим доступа: http://znanium.com/
Recommended Additional Bibliography
- The collapse of global trade, murky protectionism, and the crisis : recommendations for the G20 / ed. by Richard Baldwin ... Centre for Economic Policy Research. (2009). London. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.389874094