SemesterFall Semester, 2023
DepartmentInternational Master's Program in International Studies, First Year International Master's Program in International Studies, Second Year
Course NameGrowth and Global Trade Network in the World
Course TypeElective
Course Objective
Course Description
Course Schedule

Week 1

  1. Explanation of outlines and basic concepts using simple examples

Example of the global value chain: iPhone

Macro input-output models (1 country & 1 sector) of selected countries:

  1. Asia (China, Japan, Korea, Taiwan, India, Vietnam, etc.), Europe (EU member countries), the USA, Russia, and Ukraine.

All data in excel files, employed in the lecture, will be sent to students.

Week 2-5

  1. Trade Relations among Selected Countries

The rise of China and the fall of Japan

The US-China trade nexus

China-Korea-Taiwan nexus

Giants India and Indonesia

Vietnam and other emerging economies

Intra-EU trade and extra-EU trade

EU-Russia nexus

Week 6-9

  1. Vertical and Horizontal Specialization

Vertical specialization through imports

Horizontal specialization through exports

Macro input-output systems (many countries & 1 sector) of selected


  1. Asia (China, Japan, Korea, Taiwan, India, Vietnam, etc.), Europe (EU member countries), the USA, Russia, and Ukraine.

Week 10-15

  1. The relationship between Growth and two Specializations

For each country

For country groups (cross-sections)

All of the World,  EU,  ASEAN,  APEC, North America, etc.

Week 16-17

  1. Unit structure of Global Trade Network

Basic theory

The WTO initiative for the global concept with “made in the World”

Developments of multinational companies and GVC

How to capture the developments of basic structures of the global

trade network using the new concept of value-added trade

Challenges to Applying the Global unit structure


Week 18

  1. Decoupling and Reorganization of World Trade caused by the Russia-Ukraine War and the US-China Friction

Visualization of Developments in the Global Trade Network

Motion pictures are demonstrated, using OECD’s database with

45 sectors and 67 countries/areas for 1995-2018.

Teaching Methods
Teaching Assistant

To be announced


Assessments (due dates, %)


Assignment – 1(report)

Week 5



Assignment – 2 (presentation)

Week 10



Assignment 3 (final test or report)

Week 18



Attendance with own view and opinion







Textbook & Reference


There is no specific textbook. Detailed references will be provided at lectures. Some of the selected references are as follows:

Selected References:                       

Notes: 1. Some of references listed below are based on econometric or mathematical analysis, while this lecture focuses on only their outlines (basic ideas, charts, results and policy implications) without touching details of econometrics and mathematics. 2. The lecturer will provide students with Excel files of all data employed in the lecture. 3. Upon request, the lecturer will provide students with PDF files of all articles and book chapters in the references below.

  • Present Russian Economy

    1. Kuboniwa, M. “Diagnosing the ‘Russian Disease’: Growth and Structure of the Russian   Economy,” Comparative Economic Studies (published by Palgrave Macmillan) 54(1),   pp.121-148. DOI:10.1057/ces.2012.1

    2. Kuboniwa, M. “A Comparative Analysis of the Impact of Oil Prices on Oil-rich Emerging Economies in the Pacific Rim.” Journal of Comparative Economics  (published by Elsevier) 42(2), 2014: 328-339. DOI: 10.1016/j.jce.2014.03.007

    3. Kuboniwa, M. “The Impact of Oil Prices, Total Factor Productivity and Institutional Weakness on Russia’s Declining Growth,” in Susanne Oxenstierna ed., The Challenges for Russia’s Politicized Economic System, Routledge, 2015, pp. 113-127.

    4. Kuboniwa, M. “Is There Impossible Mission Force for Development of Russian Manufacturing under Declining Oil Prices,” A paper presented at an international conference held in Tokyo, March 9, 2016.

    5. Kuboniwa, M. “A Comparative Analysis of Trade in Value Added across the EU and Russia,” in Dallago, B. and Casagrande, S. eds., The Routledge Handbook of Comparative Economic Systems, Routledge, London, 2022, pp. 214-240.



  • Global Trade Network

    1. Xing, Y., and N. Detert. “How the iPhone Widens the United States Trade Deficit with the People’s Republic of China.” ADBI Working Paper No. 257. 2010.    

  Available at

2. OECD’s Introduction to GVC

3. Elms, K., and P. Low eds. Global Value Chains in a Changing World, World Trade

  Organization: Switzerland, 2013.

  Available at

4. WTO and IDE-JETRO, Trade Patterns and Global Value Chains in East Asia:

  From Trade in Goods to Trade in Tasks, World Trade Organization: Switzerland,

  2011. Available at

5. Koopman, R., Z. Wang, and S. Wei. 2014. “Tracing Value-Added and Double Counting in

  Gross Exports.” American Economic Review (published by American Economic

  Association) 104 (2), 2014:459–94. Doi:10.1257/aer.104.2.459.

6 .Kuboniwa, M. “Russia’s Global Value Chain Using Modified World Input-Output

  Data.” Eastern European Economics (published by Taylor & Francis), 53 (4), 2015:

  277-308. DOI:10.1080/00128775.2015.1077012

7. Kuboniwa, M. “Global Value Chains among Russia, China, the EU, the USA and Japan.”

  paper presented at the European Association of Comparative Economic Studies,

  Budapest, September 5, 2015.  


Free databases

  • Russian statistics available at  http:/

  • The United Nations trade data available at

  • The OECD inter-country input-output tables (ICIO2021) are available at

  • Groningen University Database for World Input-Output Data available at


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