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General information |
Course unit name: Economic History of the Twentieth and Twenty-First Centuries
Course unit code: 366744
Academic year: 2025-2026
Coordinator: Marc Badia Miro
Department: Department of Economic History, Institutions and Policy and World Economy
Credits: 6
Single program: S
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Estimated learning time |
Total number of hours 150 |
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Face-to-face and/or online activities |
60 |
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- Lecture with practical component |
Face-to-face |
60 |
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Supervised project |
40 |
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Independent learning |
50 |
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Recommendations |
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Students are strongly advised to have successfully completed the core courses in Economic History with good results. A solid grounding in Macroeconomics is also recommended. This course is further enhanced when taken in conjunction with Economic History of Catalonia. |
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Competences / Learning outcomes to be gained during study |
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Ability to work in a team (capacity to collaborate with others and contribute to a common project, capacity to work in cross-disciplinary and multicultural teams). |
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Critical reasoning and commitment to the plurality and diversity of social realities. |
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Concern for sustainability (capacity to assess the social and environmental impact of actions taken in a particular setting and capacity to adopt integrated and systemic approaches). |
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Understanding of and capacity to apply the economic and social regulatory framework and understanding of its effects. |
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Capacity to analyse organizations and the environment in which they operate. |
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Understanding of the history and development of economic ideas and of current economic realities in different territorial settings. |
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Ability to produce critical analyses of economic theories and models. |
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Learning objectives |
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Referring to knowledge The primary objective of this course is to enable students to analyse contemporary economic phenomena from a historical perspective. The course also seeks to cultivate ethical awareness, a sense of responsibility, and the capacity to adapt to dynamic and evolving environments. By studying the international economy through the examination of both development successes and failures, students also develop creative and entrepreneurial skills. Furthermore, the course aims to enhance students’ communication abilities through structured oral questioning and to prepare them for effective collaborative work in teams. |
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Teaching blocks |
1. Stages of Economic Development: from the Great War to the Great Recession
* 1. Instability and adjustment strategies in the first post-war period, 1914-1929
2. The causes of the Great Depression, 1929-1939: an open debate
3. World War II and the successful post-war reconstruction, 1939-1953
4. The Golden Age of Growth, 1953-1973
5. Stagflation, 1973-1985
6. Deregulation and globalization, 1986-2019
2. Development Patterns across World Regions
* 1. The failure of Latin America: the case of Argentina
2. The acceleration of development in the Far East: the case of South Korea
3. Overcoming colonialism: the Republic of India
4. China’s Awakening: from a decadent nation to a 21st-century industrial colossus
5. Barriers to Africa’s development
6. Miracles in the Middle East: the case of Israel
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Teaching methods and general organization |
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The methodology employed is that of comparative economic history. Economic dilemmas are analysed as evolutionary processes, in which agents tend to learn in the long term, situated within the context of the major phases of global economic development. Solutions are compared across different institutional, geographical, and cultural contexts.
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Official assessment of learning outcomes |
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Continuous assessment is designed to encourage constancy in students’ engagement with the course. It requires attendance, active participation and satisfactory results in the written and oral tests. It includes two compulsory written tests, which account for 50% of the final grade.
Examination-based assessment The single mode of assessment consists of a written or oral test. This assessment mode is designed to evaluate the competencies and objectives outlined in the course plan.
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Reading and study resources |
Check availability in Cercabib
Book
MADDISON, Angus (1996): Problemas del crecimiento económico de las naciones, Ariel, México.
| Book out of print. |
EICHENGREEN, Barry (2000): La globalización del capital, Antoni Bosch, Barcelona.
Catāleg UB
Versiķ en línia (3a ed., 2019)
BERNANKE, Ben (2014): Mis años en la Reserva Federal, Deusto, Barcelona.
MADDISON, Angus (1991): Historia del desarrollo capitalista. Sus fuerzas dinámicas, Ariel, Barcelona.
KRUGMAN, Paul (2009): El retorno de la economía de la depresión y la crisis actual, Crítica, Barcelona.
BELINI, Claudio & KOROL, Juan Carlos (2012): Historia económica de la Argentina en el siglo XX, Buenos Aires, Siglo XXI.
BREGOLAT, Eugenio (2007): La segunda revolución china, Destino, Barcelona.
DRÈZE, Jean & SEN, Amartya (2014): Una gloria incierta. India y sus contradicciones, Madrid, Taurus.
GARCÍA BLANCH, Francisco (2002): Crecimiento económico en Corea del Sur (1951-2000): aspectos internos y factores internacionales, Madrid, Síntesis.
SENOR, Dan & SINGER, Saul (2009): Start-Up Nation. The Story of Israel’s Economic Miracle, Twelve, New York.
EASTERLY, William (2003): En busca del crecimiento. Andanzas y tribulaciones de los economistas del desarrollo, Antoni Bosch, Barcelona.
MADDISON, Angus (2007): Contours of the World Economy, I-2030 AD, Oxford U. P.
SHAPIRA, Anita (2014): Israel. A history, Weidenfeld & Nicholson, London.
ARRIGHI, Giovanni (2007): Adam Smith en Pekín. Orígenes y fundamentos del siglo XXI, Akal, Madrid.
MADDISON, Angus (1988): Dos crisis: América y Asia 1929-1938 y 1973-1983, FCE, México.
EICHENGREEN, Barry (2007): The Europ,ean Economy since 1945. Coordinated capitalism and beyond, Princeton U. P.
ROTHERMUND, Dietmar (1988): An Economic History of India, Croom Helm, London.
ROTHERMUND, Dietmar (2008): India. The Rise of an Asian Giant, Yale U.P., New Haven.
EICHENGREEN, Barry (2015): Hall of Mirrors, Oxford U. P.
FRIEDMAN, Milton & SCHWARTZ A. (1963): A Monetary History of the United States, 1867-1960, Princeton U.P.
MINSKY, Hyman P. (1987): Las razones de Keynes, FCE, México.
EICHENGREEN, Barry (1995): Golden Fetters. The Gold Standard and the Great Depression 1919-1939, Oxford U. P.
CATALAN, Jordi (ed) (2023): Crises and Transformation in the Mediterranean World. Lessons from Catalonia, Palgrave-Macmillan.
SEN, Amartya (2007): India contemporánea. Entre modernidad y tradición, Gedisa, Capellades
SEN, Amartya (2021): Un lugar en el mundo, Taurus, Madrid.
BRASÓ, Carles (2016): Trade and Technology Networks in the Chinese Textile Industry, Palgrave-Mackmillan.
FONTANA, Josep (2011): Por el bien del imperio, Pasado y Presente, Barcelona.
Chapter
KEYNES, John Maynard (1925): "Las consecuencias económicas de Mr. Churchill", Reproduït a Keynes J. M., Ensayos de Persuasión, Crítica, Barcelona, pp. 213-236.
WOODWARD, Nicholas (1999): “The Search for Economic Stability; Western Europe since 1973”, M. S. Schulze (ed.), Western Europe. Economic and Social Change since 1945, Longman, London, pp. 63-80.
TORRE J. & DE RIZ L.(2001), “Argentina desde 1946”, Lynch J. (ed.), Historia de la Argentina, Crítica, Barcelona, pp. 223-316.
Journal
COLLIER P. & GUNNING J. W. (1999): “Explaining African Economic Performance”, Journal of Economic Literature, March.
CATALAN, Jordi (2010): “Strategic policy revisited. The origins of mass production in the motor industry of Argentina, Korea and Spain, 1945-87”, Business History, 52, 2, 207-230.
CHANG, Ha-Joon (1993): “The political economy of industrial policy in Korea”, Cambridge Journal of Economics, 17.
CATALAN, Jordi (2015): “From the Great Depression to the Euro Crisis”, Revista de Historia Industrial, 56, 15-45.
CATALAN, Jordi (2002): “Costes y beneficios del euro en la Europa periférica: España versus Suecia”, Gaceta Numismática, 145, 17-33.