International Economic Relations, 1917-1991
Value half unit
Dr Emmett Sullivan
11 lectures, 10 tutorial classes
best coursework essay (30%) plus 2-hour exam (70%)
This course covers the economic developments affecting the international economy thought the twentieth century. The course picks up from the Russian Revolution and the Treaty of Versailles, and covers the wider developments in the world economy, with particular reference boom of 1920s, the Great Depression, the rise and decline of the Soviet economy, to the ending of free trade and the rise of economic protection in the 1930s, and the factors making for the reconstruction and revival of the world economy since 1945, culminating in the recent performance and problems affecting the world economy since the 1980s. The course will take a decade-by-decade approach, concentrating on one major event in the international economy each week in tutorials (including the Treaty of Versailles; the collapse of the US economy from 1929; five year plans in the USSR during the 1930s; economic management and the Second World War; the Marshall and Dawes Plans; the ‘Golden Age’; OPEC and the fall of the Keynesian consensus; stagflation and the rise of the New Right; the rise of the less-developed economies; and the collapse of the USSR).