International Political Economy L2 RI

Code Cours
2223-ESPOL-POLS-EN-2018
Langue d'enseignement
FR, EN
Ce cours apparaît dans les formation(s) suivante(s)
Responsable(s)
Philipp Lausberg, Alessandra Romani, Scott HAMILTON, Damian RAESS
Période

Présentation

Prérequis


Objectifs

Learning Objectives:


By the end of the course students should be able to:


- Introduce the global economy as a political competition that produces winners and losers


- Conceptualize and analyze the functioning of the global economy holistically


- Emphasize fundamental economic concepts as well as the interplay between interests and institutions to explain how the global economy works


- Outline and explain the historical development of global capitalism over the past two centuries


- Critically assess how economic policy is made in the context of globalization


- Review and evaluate studies in various areas of research in IPE


Présentation

Course Description:


With the expansion of globalization during the last decades, economic conflict and cooperation among states play an increasingly important role for international political affairs in the modern state system. This course offers an introduction to major concepts, theories and issue areas in international political economy. It addresses the two-way relationships between politics and economics in the historical and contemporary international system by exploring the political origins of international economic relations as well as the impact of economic factors on domestic and international politics. The course first reviews the general historical and theoretical frameworks that guide the study of international political economy. It then applies them to the relations between states and non-state actors in a variety of issue areas, including trade cooperation, economic development, monetary relations, and financial crises. The course concludes with an examination of the challenges that globalization and the economic rise of China present to the political management of national and international markets.


Course Outline:


I. Background: Analytical frameworks


1. The international economic system


2. Historical debates in IPE: Mercantilism vs. Liberalism


3. The political economy of ‘International Relations’


II. Politics of international trade


4. International trade cooperation


5. Domestic trade politics


6. Trade and development


III. Politics of international money and finance


7. International monetary cooperation


8. Monetary and exchange rate politics


9. Politics of international financial crises


IV. Globalization and its consequences


10. Democracy in globalized economies


11. Globalization and labor rights in the Global South


12. Rise of China and challenges to Liberal International Economic Order


Modalités

Modalités d'enseignement

Lectures:

Thursdays (12:00-15:00) and Fridays (9:00-12:00) on the following dates: 12-13 January; 9-10 February; 9-10 March; and 6-7 April.

Seminars (‘Travaux Dirigés’):

The course will be accompanied by regular seminars. They are designed to deepen the lecture materials and familiarize students with the theories, concepts and research in IPE. Every student will present one of the research papers from the list of additional readings, which has to be agreed-upon with the instructor (~10-minute presentation, no powerpoint allowed). Students will circulate a one-page handout the day before the presentation. Prior to exams, you will discuss the details of the exam and work through a sample exam.

Course Requirements:

1) Continuous assessment for the seminar (30 percent of grade). Includes class participation and oral presentation.

2) Mid-term examination (30 percent of grade). A one hour written exam without documents covering the first six topics of the course (weeks 1-6). The mid-term exam consists of one open question.

3) Final exam (40 percent of grade). A one hour written exam without documents at the end of the term covering the last six topics of the course (weeks 7-12). The exam consists of a series of multiple-choice questions.

Évaluation

Ressources

Bibliographie

Textbook:|| Thomas Oatley, 2019, <i>International Political Economy</i> (6th edition), Routledge (RECOMMENDED).|||| Required readings:|| I. Background|| - Peter Katzenstein, Robert Keohane and Stephen Krasner, 1998, “International Organization and the Study of World Politics,” in: <i>International Organization</i> 52(4): 845-685|| - James Ashley Morrison, 2012, “Before Hegemony: Adam Smith, American Independence, and the Origins of the First Era of Globalization,” in: <i>International Organization</i> 66(3): 395-428|| - Helen Milner, 1988, “Trading Places: Industries for Free Trade,” in: <i>World Politics</i> 40(3): 350-376|| II. Politics of international trade|| - Judith Goldstein, Douglas Rivers and Michael Tomz, 2007, “Institutions in International Relations: Understanding the Effect of the GATT and WTO on World Trade,” in: <i>International Organization</i> 61: 37-67|| - J. Bradford Jensen, Dennis P. Quinn, and Stephen Weymouth, 2017, “Winners and Losers in International Trade: The Effects on US Presidential Voting”, <i>International Organization</i> 71: 423-457.|| - Stephan Haggard, 1990, “Chapter 2: Explaining Development Strategies,” in <i>Pathways from the Periphery: The Politics of Growth in the Newly Industrializing Countries. </i>Cornell University Press.|| III. Politics of international money and finance|| - Joanne Gowa, 1984, “State Power, State Policy: Explaining the Decision to Close the Gold Window,” in: <i>Politics &amp; Society</i> 13(1): 91-117|| - Kathleen McNamara, 1999, “Consensus and Constraint: Ideas and Capital Mobility in European Monetary Integration,” in: <i>Journal of Common Market Studies</i> 37(3): 455-476|| - Andrew MacIntyre, 2001, “Institutions and Investors: The Politics of the Economic Crisis in Southeast Asia,” in: <i>International Organization</i> 55(1): 81-122|| IV. Globalization and its consequences|| - Layna Mosley, 2000, “Room to Move: International Financial Markets and National Welfare States,” in: <i>International Organization</i> 54(4): 737-773|| - Brian Greenhill, Layna Mosley and Aseem Prakash, 2009, “Trade-based Diffusion of Labor Rights: A Panel Study, 1986-2002,” in: <i>American Political Science Review</i> 103(4): 669-690.|| - Kristen Hopewell, 2022, “How China lost its wolf pack: the fracturing of the emerging-power alliance at the WTO,” in: <i>International Affairs</i> 98(6): 1915-1935||||||||||||||