Economies and Trade Policies of Developing Countries
- Credits: 7
- Ending: Examination
- Range: 2P + 2C
- Semester: winter
- Year: 1
- Faculty of Commerce
Teachers
Included in study programs
Teaching results
Students will possess following abilities:
- To identify and analyze development and trade issues associated with developing countries, taking into account their macroeconomic policies, in particular trade policy,
- To analyze the significance of formal and informal economic integration for developing countries and their implications for international trade,
- To identify the particularities of trade policies of developing countries and the existing instruments of trade policy cooperation.
Students will obtain following skills:
- To design and evaluate macroeconomic solutions for the development of developing countries, with particular focus on the development of their international trade and entrepreneurship,
- To highlight real barriers to the development of developing countries, with particular focus on the development of their international trade and business,
- To formulate, in an innovative way, the recommendations for trade policy and other macroeconomic policies of developing countries, taking into account their historical conditions and current challenges of the globalized economy.
Students will gain following competences:
- To work autonomously in the preparation of analytical materials on the development solutions for developing countries,
- To present own solutions in expert communities in the field of economy and trade policy of developing countries,
- To conduct professional discussions in the field.
Indicative content
The course provides an overview of the current position of developing countries in international trade, their foreign trade policy, and the possibilities for developing trade with these countries, taking into account their internal structure, specific conditions, physical, human, and knowledge capital, as well as climate change. The course also encourages discussion on current issues related to both multilateral and bilateral trade arrangements of developing countries with developed countries, as well as their mutual relations. Topics include barriers to trade development, migration and its impact on trade in developing countries, and the effects of climate change on their development.
Support literature
1. ZUBAĽOVÁ, Ľ. – DRIENIKOVÁ, K. (2024). Obchodná politika EÚ – Afrika, Karibik a Tichomorie a indicko-tichomorský región. Praha: Leges, 164 s. (e-book - online). Dostupné online: https://of.euba.sk/www_write/files/veda-vyskum/publikacie/2024/2024-10-14-obchodna-politika-eu.pdf
2. ZUBAĽOVÁ Ľ., DRIENIKOVÁ K,. Ekonomika a obchodná politika rozvojových krajín, postavenie v medzinárodnom obchode, dlhová kríza a vplyv migrácie. Vysoká škola európskych a regionálnych štúdií, 2023 (e-book - online). Dostupné online: https://of.euba.sk/www_write/files/veda-vyskum/publikacie/2023/2023-1-9-zubalova-drienikova-ekonomika-a-obchodna-politika-rozvojovych-krajin.pdf
3. ZUBAĽOVÁ Ľ., DRIENIKOVÁ K, PUŠKÁROVÁ P. 2022. Ekonomika a obchodná politika rozvojových krajín, Leges 2022 (e-book- online). Dostupné na: https://of.euba.sk/www_write/files/veda-vyskum/publikacie/2022-5-31-zubalova-a-kol-ekonomika-rozvojovych-krajin.pdf
4. VAN MARREWIJK, CH. - BRAKMAN, S. - SWART, J. The Economy of Developing and Emerging Markets. Cambridge University Press, 2022 - 562 p. DOI:10.1017/9781107338036, ISBN: 9781107043336
5. LEAL-ARCAS, R. International Trade and Sustainability: Perspectives from Developing and Developed Countries. Palgrave Macmillan, 2022, ISBN: 978-3031140679, DOI: 10.1007/978-3-031-14068-6
6. TODARO, M. – SMITH, S. Economic Development. Pearson, 2020. ISBN: 978-1-292-29119-2 (e-book)
Syllabus
1. Theoretical Foundations and Characteristics of Developing Countries (DCs). 2. Sources of Economic Development in Developing Countries and Causes of Underdevelopment. 3. Poverty Traps. Solutions for Development Within Trade Policy. Trade Support - Fair Trade. 4. Development Aid – Evolution, Critical Perspectives, and Benefits. Aid for Trade. 5. Specifics of International Economic Integration in DCs and Various Approaches Within Trade Policy. 6. ACP Countries (Africa, Caribbean, and Pacific) – Evolution and Trade Relations. 7. The Position of DCs in Global Trade. Territorial and Commodity Structure of Trade. 8. Newly Industrialized Countries: 1st Wave, 2nd Wave; Evolution in Trade Policy Approaches. 9. Least Developed Countries and Their Position in International Trade. Evolution Within Trade Policy Focus, Preferential Trade Systems. 10. Debt in DCs – Evolution, International Initiatives, Current Status, and Its Impact on Trade Measures in Developing Countries. 11. Commodity Agreements for Trade Support, OPEC. 12. Developing Countries and Migration; Migration in the Context of Foreign Trade Policy. 13. The Impact of Climate Change on Developing Countries, Opportunities for Foreign Trade Development With DCs Under the Influence of Climate Change.
Requirements to complete the course
10 % mid-term written exam
10 % case studies, including discussion
20 % final paper, including presentation and discussion;
60 % final exam
Student workload
Total: study load 7 credits x 26 h = 182 hours
Separate study load for individual educational activities:
Attending lectures: 26 hours
Attending seminars: 26 hours
Preparation for seminars: 26 hours
Preparation of a final paper: 26 hours
Preparation for the written mid-term exam: 26 hours
Preparation for the final exam: 52 hours
Language whose command is required to complete the course
Slovak, English
Date of approval: 06.03.2024
Date of the latest change: 28.03.2025