Economics of Globalisation: Part 2

In course

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Description

This lecture by the instructor delves into the relationship between economic activity density and well-being, exploring how high GDP per capita is linked to positive social outcomes. It discusses theories of clustering, such as comparative advantage and new economic geography, and the forces of agglomeration and dispersion. The lecture also covers the impact of globalisation on agglomeration within nations, showcasing examples like urbanisation and industry clustering.

Official source

https://mediaspace.epfl.ch/media/0_yj6zyqwg

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