21810602 - INTERNATIONAL AND LATIN AMERICAN ECONOMIC PROBLEMS

The main objectives are: To carry out a systematic analysis, complemented by case studies, of the economic problems of Latin American countries (LAC). This includes the analysis of internal and external determinants of the PAL economies; their current situation and perspectives, in the "intra-capitalist" framework of the globalised economy (capitalist models such as: Reaganomics, Rhenish, Japanese/NIC's). The principles of economic planning and integration applicable to the economic and social development of Latin America and the economic integration schemes at regional and extra-regional level (first, second and third generation schemes) are also discussed. In addition, specific case studies are carried out on countries of greater and lesser relative development, and other current issues on economic relations are included (such as the relationship with international credit organisations, employment policies, environmental protection and others).
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Programme

-Macroeconomics of open economies.

-The foreign trade multiplier and its effects. Contents, similarities and differences between absolute, relative and competitive advantages.

-Standard model of commerce. Modern theory on the factors of production. Technological change and environmental economics.

-The Georgescu-Roegen model.

- The Economic problems of the Latin American countries.

-Internal and external determinants of their economies: current situation and perspectives, within the framework of the globalized economy

Core Documentation

Required readings will be provided at the beginning of the course.


Type of evaluation

The oral exam is carried out through questions to verify the knowledge of all the texts of the program. The final judgment will be: the knowledge of the contents of the requested arguments; exposure mode;the ability to critically analyse themes; linguistic mastery.