Seminar on World Economic Systems
TR 3:30-4:45pm, Foster 123
Gardner Office Hours/Location:
and by appointment,
- H. Stephen Gardner, Comparative Economic
Systems, manuscript (see links below).
- Ruchir Sharma, The Rise and Fall of Nations. W.W. Norton, 2016.
- Additional required readings may be posted on
this web site and/or
distributed in class.
- A collection of optional supplementary readings,
arranged by course topics, may
be found here.
- Allianz, Global Wealth Report
- Baylor Library, Electronic
- Baylor Library, Online
- clio infra, Global Social History Data
- European Bank for Reconstruction
and Development, Transition
- European Union, Global Health
- Heritage Foundation, Index of
- IMF, Regional
- IMF, World
- IMHE, Global Burden of Disease
- Johns Hopkins U., Comparative
Nonprofit Sector Project
- LIS Cross-National Data Center, web site
- New Economics Foundation, The Happy Planet
- OECD, Statistics
- Peterson Institute for
International Economics, web
- Pew Research, Global Attitudes
- Transparency International, web site
- United Nations, Sustainable Development Goals Report, 2017
- United Nations, World
Economic Situation and Prospects
- UNCTAD, Trade and Development Report, 2017
Human Development Report
- U.S. Department of
- VOX, Economic Policy Research
- World Bank, Country Pages
- World Bank, Doing Business
- World Bank,
Global Economic Prospects
- World Bank, Statistical
- World Bank, World
- World Economic Forum, Global
- World Health Organization, Country Statistics
- World Health Organization, World Health Statistics
The primary objectives of this course are
- Explore differences between economic institutions,
policy, and performance in countries around the world;
Provide information on the methods used to make
economic comparisons across countries -- historical and social analysis, statistical methods,
theoretical methods, and others; and
Encourage analysis and discussion of major
developments in the world economy, including the current policy debates
in the United States, difficulties with enlargement and
monetary unification of the
European Union, the continuing economic and social transitions of the
Communist countries, economic development strategies in poor countries,
and programs of economic integration in Europe, the Western
Semester grades will be based on your performance on three
examinations (22%, each), each of which will include a combination of multiple
choice and essay questions; a term paper or video presentation (22%); and class presentation
of a working paper selected from a prescribed list (12%). Class preparation, participation, and
completion of out-of-class assignments will also be taken into
account. See other important information under Attendance,
Guidelines for writing a term paper may be found here or guidelines for a video presentation may be found here. In either case, you should turn in a topic statement and a preliminary
bibliography by February 6 and the finished paper or video is due April 19. Papers may be sent to me by email and videos should be uploaded to YouTube, Vimeo, or another similar service, and a link should be sent to me at email@example.com.
paper presentations will be given when the subject of your
presentation arises in class (see schedule below). Each should be about
5-10 minutes long, and should include, if applicable, information about
the author(s), the topic,
the previous literature, the methods of research and analysis (data and
information sources, statistical methods, etc.), conclusions, your
of the validity of the conclusions, and suggestions for future
In most cases, you will not be able to discuss all of the
information/arguments in the paper, so focus on the most interesting
and important points.
Extra Credit: All of you will attend the session of the Global Business Forum that's held during our class time on March 15. You can gain extra credit by attending up to three additional sessions on March 15-16, and by writing brief summaries and responses to the sessions. Each of these reaction papers can add up to an additional point to your final course average.
See other important information about extra credit under Attendance, below.
Semester grade averages will be converted into letter grades according to the following scale: A 91-100;
F below 59.
- Generally, classes will begin and conclude in a
timely manner. Please make every effort to arrive on time and avoid
If you must leave early, please tell me before class begins. For more
information on this subject, see "Attendance" below.
- Please switch off cell phones before
- Please give your full attention during class.
Texting, e-mailing, web surfing, and side
conversations are disrespectful and distracting. If we have problems of this kind, I will be forced to outlaw all computer use during our classes.
- Our classes will be more interesting if we have
broad and lively discussions. Please participate, but avoid
monopolizing the discussion. Respect alternative points of view and
help me to "draw out" shy class members, some of whom may be insecure
about their fluency in English.
- With the exception of bottled water, we are not
allowed to have food or drinks in the Foster classrooms.
- For additional information on classroom conduct,
see corresponding section of the Student
Sexual and Gender-Based Harassment and Interpersonal Violence Policy
Baylor University does not discriminate on the basis of sex or gender in any of its education or employment programs and activities, and it does not tolerate discrimination or harassment on the basis of sex or gender. This policy prohibits sexual and gender-based harassment, sexual assault, sexual exploitation, stalking, intimate partner violence, and retaliation (collectively referred to as prohibited conduct).
For more information on how to report or to learn more about our policy and process, please visit www.baylor.edu/titleix or call the Title IX Office at (254) 710-8454.
and Business School policies, students who miss over 25% of
class meetings (in
this case, 8 or more absences) will automatically fail the course. On
the other hand, three points will be added to your semester average
if you have perfect attendance; two points will be added if you have
one absence; one point will be added if you have two absences (for the
calculation of this extra credit, there are no excused
absences). If you arrive late for class, you will be
unless you have the roll changed before you leave the class.
II. Economic Systems
Feb 13 -- FIRST
EXAMINATION, TEXT CHAPTERS 1-5
III. The Western Hemisphere
IV. Western Europe and Middle East
MARCH 27 -- SECOND
EXAMINATION, TEXT CHAPTERS 6-13
V. Central Eurasia
VI. Asia and Africa
||Introduction to Asia--Gardner,
ch. 18 and Sharma, pp. 370-387-- outline
ch. 19 -- outline
-- Clayton Hall presents Uwe Vollmer and Ralf Bebenroth, The Financial Crisis in Japan: Causes and Policy Reactions by the Bank of Japan.
ch. 20;and Sharma, pp. 306-319-- outline
TERM PAPERS AND VIDEOS ARE DUE
-- Mengxun Zhao presents Shuming Bao and others, The Regulation of Migration in a Transition Economy: China’s Hukou System.
||Africa and Middle East--Gardner,
ch. 21; and Sharma, pp. 395-401-- outline
-- Lauren Walker presents Peter Boone and others, The Surprisingly Dire Situation of Children's Education in Rural West Africa
-- Troy Braatelien presents Leander Heldring and James A. Robinson, Colonialism and Economic Development in Africa.
-- Cedric Oikawa presents Jenny C. Aker and Isaac M. Mbiti, Mobile Phones and Economic Development in Africa.
-- Ashley Yeaman presents Timur Kuran, Why the Middle East Is Economically Underdeveloped: Historical Mechanisms of Institutional Stagnation.
Saturday, May 5, 9-11 AM