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The world economy

Periodo di svolgimento

da Novembre 2021 a Dicembre 2021
Ore del corso: 20
Ore dei docenti responsabili: 20

Modalità d'esame

  • Relazione o seminario


Optional for the 1st, 2nd, 3rd and 4th year students of the PhD Programme in "Political Science and Sociology"

Optional for the 1st, 2nd, 3rd and 4th year students of the PhD Programme in "Transnational Governance"

Optional for the 4th and 5th year students of the MA Programme in "Political and Social Sciences"


International political economy provides the conceptual and analytical tools for understanding the nature of economic and political processes at the world and national levels. Instability and change in the world economy, rising inequalities, the technological transformation associated to the rise of a digital economy are closely linked issues that shape contemporary capitalism and represent major challenges for multi-level policy making.

The world economy is in turmoil due to deep changes in technology, economic structures, income distribution, the rise of East Asia, the expansion of finance, the instability left by the 2008 crisis, the effects of the covid-19 pandemic of 2020. The aim of the course is to provide students with:

- an appropriate conceptualisation of the issues, presenting World System approaches alongside International Political Economy and International economics perspectives.

- an understanding of the historical development of world capitalism, considering the parallel dynamics of cycles of accumulation – shaping economic activities and financial expansions - and cycles of hegemony - shaping international relations and State power, including centre-periphery dynamics.

- an understanding of the technological paradigm based on Information and Communication Technologies (ICTs) and of the emerging digital economy, including its impact on labour, the rise of digital platforms, policy challenges

- an understanding of the growth in inequalities, of current economic instability and changing political hierarchies in the world economy.

Obiettivi formativi

Provide students with the conceptual, analytical, empirical and policy tools needed to understand the dynamics of the world economy

Riferimenti bibliografici

G. Arrighi, The long XX century. Money, power and the origins of our time, Verso, 2nd edn 2010

G. Arrighi, Adam Smith in Beijing. Lineages of the 21st Century, Verso, 2007

C. Freeman, F. Louca, As time goes by.From the Industrial Revolutions to the Information Revolution, Oxford University Press, 2002

S. Zuboff, The age of surveillance capitalism, London, Profile Books, 2019