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Problems of the Global Economy Problems of the Global Economy is offered as an optional discipline to second year students of the International Economic Relations Department of the Financial University under the Russian Government Discipline Objectives Building students’ knowledge and practical skills in the main problems of the global economy and developing students’ English language proficiency Learning outcomes: After completing the study of the discipline the student should have acquired knowledge of the main economic problems of contemporary world economy and of the forms of Russia’s participation in dealing with the problems of the global economy. The student should be able to discuss with various aspects of the problems of English language speakers the global economy and sustainable development Curriculum highlights Similarities and differences between global problems and problems of the global economy Globalization and its impact on the world economy. Population of the world. Past and current trends. Projections of population growth in the 21st century. Population explosion and the ageing of population. Impact of the ageing of population on the economy and the wealth of societies. World energy problem and the global problem of water resources. Energy production and consumption. Energy scenarios up to 2050 and beyond. Traditional and Renewable energy. The looming potable water shortage. Global food problem World food production a and consumption. World food crisis. Prospects of food production in the first half of the 21st century. 0 Hunger as a global problem. FAO and global community’s role in easing the urgency of the food problem. Poverty as a global problem. Absolute and relative poverty. Millennium and sustainable development goals of combating world poverty. Climate change challenge. Possible global warming scenarios. UN Frame work Convention on Climate Change. 2015 United Nations Climate Change Conference. Sustainable development. Millennium development goals and their realization. Sustainable development goals. Official development assistance. Scope and country eligibility. DAC criteria. Russia as a new donor. World economic crisis of 2008-2010. Causes and impact of the world economy Russia’s position in the global economy. Accession to the World Trade Organization. Problems relating to modernization of the Russian economy. Reading materials 1. Development Co-operation Report 2012. http://www.oecdilibrary.org/docserver/download/4312011e.pdf?expires=1404272895&id= id&accname=guest&checksum=EE18FB26705A0FC3B57D9759E335F0 7B 2. FAO. The State of Food Insecurity in the World 2011. http://www.fao.org/docrep/014/i2330e/i2330e00.htm 3. UNCTAD. The Global Economic Crisis: Systemic Failures and Mulilateral Remedies. N.Y. and Geneva, 2009 – http://www.cftc.gov/ucm/groups/public/@swaps/documents/file/plstudy_ 50_unctd.pdf 4. UNDP. Human Development Reports. www.undp.org. 1 5. UNEP. 21 Issues for the 21st Century. Results of the UNEP Foresight process on Emerging Environmental Issues. UNEP, 2012. http://www.grid.unep.ch/products/3_Reports/Foresight_Report21_Issues_for_the_21st_Century.pdf. 6. UNESCO. Managing Water under Uncertainty and Risk. http://unesdoc.unesco.org/images/0021/002171/217175E.pdf 7. United Nations. The Millennium Development Goals Report 2010. U.N.: N.Y., 2010. http://mdgs.un.org/unsd/mdg/Resources/Static/Products/Progress2010/M DG_Report_2010_En.pdf 8. United Nations. Two Degrees of Separation between Hope and Despair. http://hdr.undp.org/en/humandev/learnmore/title,12016,en.html 9. Websites of international organizations (UNDP,UNCTAD, World bank, and OECD). 2