End- term exam: Questions and answers. POL S 427/JSIS B 330: Interna5onal Poli5cal Economy Spring Term 2017 Frank Wendler June 1, 2017
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1 End- term exam: Questions and answers POL S 427/JSIS B 330: Interna5onal Poli5cal Economy Spring Term 2017 Frank Wendler June 1, 2017
2 Some introductory remarks The following list of possible answers to the exam ques5ons is for your orienta5on and not an exclusive, rigorously enforced list of correct answers Grading will be finished in the next few days, feel free to inquire about your grade (including the class presenta5on and par5cipa5on) by e- mail Remember that the term paper is due next week (Wednesday, 6pm, please absolutely no more delay than 1-2 days) and to be submixed by e- mail. Thanks to all for a great term!
3 Theories and paradigms American and Bri5sh IPE Research paradigms: Ra5onalist vs. post- structuralist & construc5vist Puzzles: (Non- )Coopera5on between na5on states and ins5tu5on- building vs. post- colonialism, power rela5ons and state- society rela5ons Ra5onales: Theory- building and hypothesis- tes5ng vs. evalua5on, interpreta5on and cri5cism Ra5onalism and construc5vism Ra5onalism: Actor- and interest- oriented, based on hard science approach (quan5ta5ve method and sta5s5cal analysis) Construc5vism: Focused on influence of ideas, norms, percep5ons and language, mostly qualita5ve and cri5cal approach of analysis Disagreement: Ontological / epistemological founda5ons Main theories of IR and IPE (realism, NL and CI) Disagreements: actors of interna5onal rela5ons (just states or also IOs and economic/social actors?), fields of analysis (security/power asymmetries or economic and social rela5ons), assump5ons about interna5onal system (state of anarchy vs. ins5tu5onaliza5on and interdependence)
4 Regions & Comparative Regionalism Katzenstein s World of Regions Main findings: Economic and poli5cal rela5ons evolve between regions, US power is projected by promo5ng regionalism, stronger (cultural) 5es between US and Europe, regions are porous as a result of globaliza5on Insight(s): Domes5c ins5tu5ons and culture maxer, IR/IPE research cannot be reduced to bilateral state interac5ons Governance and Compara5ve Regionalism Governance: involves non- state actors and evolves through non- hierarchical modes of decision- making (nego5a5on, coordina5on, compe55on) Relevance for CR: Analysis of (mul5- level) networks of state and non- state actors, interac5ons in such networks within, across and between regions Research ques5ons of compara5ve regionalism EU and NA as regions: how to explain differences in degree of poli5cal integra5on and ins5tu5on- building? EU- US interac5on: Promo5on of regionalism / mul5lateralism in other world regions? Diffusion of ideas and policies? Coopera5on or conflict? Influence of IOs: What influence on actor coali5ons and interac5on between regions?
5 North American and European regional cooperation/integration Breakout and management of the Eurozone crisis Reason: external shock from US, lack of ins5tu5ons and governance mechanisms to manage instability of Eurozone, economic imbalances within Eurozone (account imbalances, savings- vs consump5on- oriented economies) Cri5cisms: One- sided emphasis of austerity, harsh condi5onality for crisis countries (esp. Greece), inefficiency of crisis management ( searching beneath the lamppost ), ques5onable role of ECB LMEs and CMEs in the European Single Market LME: Limited role of the state, compe55ve rela5ons of actors CME: Stronger regulatory and distribu5ve role of the state, more coopera5ve actor rela5ons (banks, businesses, trade unions, etc) EU Single market: mainly based on mutual recogni5on of diversity between different systems Clarkson s Does North America Exist? Why the 5tle? - Ins5tu5onal vaccum of NAFTA, limited / lacking founda5ons of social and poli5cal community in NA Answer 1: Maybe yes, because of economic interdependence Answer 2: Probably no, because of a lacking framework for poli5cal coopera5on
6 Case studies of EU- US cooperation David Vogel s Poli5cs of Precau5on Main thesis: EU has developed a more stringent and precau5onary approach to governance of risk than US, reversing previous differences where US approaches were more stringent Reflec5on in EU- US trade agreement: Disputes about food safety and GMOs, environmental policy, product standards 9energy efficiency, emissions, etc), consumer protec5on, labour law, ISDS, etc. Poli5cal economy of financial market regula5on Private actors: Influence through self- and co- regula5on with public actors and ins5tu5ons ( Basel framework etc) Interac5on EU- US: Regulatory capacity in comparison who sets the rules? Influence of IOs: IMF as crisis manager and promoter of ideas Climate change policy dilemmas and governance Dilemmas: Leve, instruments, implementa5on, morality, etc. Mi5ga5on: Regula5on (energy efficiency, etc), incen5ves for extension of renewable energies, emissions trading, etc Adapta5on: Coastal protec5on, prepara5on for desaster management, etc
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