Reference no: EM133341737

Questions:

a) Why and how are labor and the environment connected not only to each other, but also central to concerns about globalization?

b) Discuss this issue both in terms of cake theory

c) and the race to the bottom, including a discussion of the prisoner's dilemma.

d) What films did we watch that are particularly relevant to these issues?

e) Why is gender an important lens through which to consider such issues?

2) One of the challenges related to globalization is how to manage global public goods.

a) Discuss, using theoretical terms, what a public good is and what policy options are generally proposed by economists to address this problem.

b) Be sure in your answer to discuss knowledge as a public good and the role of the TRIPS agreement.

c) Use the example of public health and COVID-19 in particular to illustrate in more concrete terms various globalization related public good challenges and opportunities.

d) In your answer to both parts b and c reflect on the importance of income (eg low versus high income countries).

3) A number of globalization related challenges are associated with the environment.

a) What policy options do economists generally focus on when it comes to addressing the environment?

b) How and why are market failures associated with the environment particularly challenging to address in the context of globalization?

c) What films that we watched illustrate various global environmental challenges?

d) What role does income inequality play in terms of shaping environmental outcomes?

e) Drawing on Esty, provide a detailed theoretical discussion of the environmental Kuznet's curve, including a discussion of the scale, composition and technique effects.