Globalization, Mobility and Inequality

Yesterday, I gave a talk at 4th year high school students, Honors Class, of La Salle Green Hills (LSGH). Thanks to former UPSE batchmate Malou Roa for inviting me, her son, Mike Roa, is the Class President. Thanks also to Popo Suanes, another batchmate and the first summa cum laude of UPSE, who also came from LSGH, who referred me to Malou.

Some 40+ students attended. They have regular guest speakers for their high school economics class.

My outline was simple:
I. Definition, Theory of Globalization,
II. Goods and Services Mobility
III. Inequality, and
IV. Concluding Notes.

I started with some definitions of globalization, from the generic to leftist to my own. That globalization and exploration of other lands outside one's birth place seems to be part of human nature, but the more pronounced area was the "silk road".

Then some theories on international trade, I showed (a) Commodity price equalization, (b) Factor price equalization, (c) Consumer surplus under free trade and under protectionism.