Readings: There are two books available for purchase. Additional readings will be provided by the instructor as needed on D2L.
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1 PS 454: Professor Birol Yeşilada MWF 11:30am 101 XSB Office hours: MW, 1:00 2:00pm or by appointment Office phone #: (503) Yesilada@pdx.edu Course Description International political economy (IPE) is at the nexus of world politics and international economics. In this class we will read about perspectives on international political economy, theoretical propositions derived from these perspectives, and examine key issues that are pertinent to IPE. Among these issues, we will pay special attention to globalization, politics of international monetary and trade relations, foreign investment, economic reform policies, cooperation and conflict among the industrialized countries, the North-South divide, and current global financial crises. Attendance is mandatory. Students who miss more than four class meetings without legitimate excuse will be dropped from the course. We will have a sitting chart so that I can get to know you by name. Academic dishonesty will not be tolerated. An act of academic dishonesty (e.g., cheating, plagiarism, and unauthorized possession of examinations) will automatically result in a grade of F for the affected assignment and the case will be referred to university authorities. Readings: There are two books available for purchase. Additional readings will be provided by the instructor as needed on D2L. Oatley, Thomas New York: Longman/Pearson. Oatley, Thomas Debates in. New York: Longman/Pearson. Grading/Examinations: There will be a midterm and a comprehensive final examination worth 40:60 percent respectively of the final class grade. 1
2 Course Outline Week #1: September 30: Introduction Oct 2 4: Theories of Oatley IPE, Ch.1 and 16, Oatley, Debates, Ch. 1 Immanuel Wallerstein, World System After the Cold War, JPR Vol 30 no 1 (February 1993): 1-6. Week #2 (October 7 11): Power Transition Read: Special issue of the International Studies Review Volume 8 Issue 4, Pages (December 2006) Reflection, Evaluation, Integration in World Politics: Quo Vadis? A Symposium Jacek Kugler Introduction (p ) Ron Tammen The Impact of Asia on World Politics: China and India Options for the United States Tadeusz Kugler and Siddharth Swaminathan The Politics of Population Birol Yesilada, Brian Efird, and Peter Noordijk. Competition among Giants: A Look at How Future Enlargement of the European Union Could Affect Global Power Transition Week #3 (October 14 16): Who gets what, when, how? States, MNCs, NGOs and the people. Oatley, IPE, Ch. 8-9 Oatley, Debates, Ch. 7-8 Money News Richest 1 Percent of Collected Biggest Share of Household Income Since 1928 September 10, Week #4 5 (October 18 30): Politics of International Trade Oatlet, IPE. Ch. 2-7 Oatley, Debates, Ch. 2-6, 12 November 1: MIDTERM EXAMINATION (in class) Week #6-8 (November 4-27): International Monetary System, the European Monetary System, and the Financial Crisis NOTE: NO CLASS ON NOVEMBER 11 th (Veterans Day) Oatley, IPE. Ch Oatley, Debates, Ch. 9-11, Lesson 7 on EMU ( lessons/lesson_7/ Kugler, Fisunoglu, Yesilada Consequence of Reversing European Union Integration The Economist Special Report on Europe (November 12, 2011) Montgomerie Bridging the Critical Divide: Global Finance, Financialisation, and Contemporary Capitalism. 2
3 Hindmour and McConnell Why Didn t They See it Coming? Kotz The Current Economic Crisis in the US Banking and Finance Into the Valley of Debt. NOVEMBER 29 THANKSGIVING VACATION Week # 10 (December 2-6): Future of Globalization & Review Oatley, Debates, Ch Goff, Patricia (2000). Invisible Borders: Economic Liberalization and National Identity, ISQ Vol 44 no. 4 (December): Weyland. The Political Fate of Market Reforms in Latin America, Africa, and Eastern Europe, ISQ Vol 42 (1998): FINAL EXAMINATION on Thursday December 12 th, 12:30 14:20pm in class 3
4 PS554 Fall Term 2013 Professor Yesilada Assignments: 1. Attendance is mandatory. You are expected to follow the lectures in PS 454. However, you are not required to take the in-class midterm and final examinations. You will have a separate take-home final examination worth 50 percent of your grade. 2. As a graduate student your second assignment is to write a research paper, roughly pages doublespaced, on a topic covered in the class. You are required to discuss your topic with me prior to start of your research. For this discussion you need to submit the following by the start of the second week of classes: a. Paper topic including a title. b. One paragraph explanation of why this topic is important. c. Tentative paper outline. Make sure you indicate your methodology for analysis. d. Preliminary bibliography. We will have a face-to-face discussion of your paper topic and finalize your outline. I will also give you additional research materials and readings for your project. 3. Your research paper is due on Monday December 6 th by 5pm. It is worth 50 percent of your grade. Suggested Readings for IPE Theories: General introduction: Caporaso, James and David Levine Theories of Political Economy (Cambridge: Cambridge University Press). Fusfeld, Daniel. (2002). The Age of the Economist, Boston: Addison Wesley. Gilpin, Robert, (1996) Economic Evolution of National Systems, ISQ Vol. 40 no. 3 (September): PDF FILE online. Gilpin, Robert (1987). The Political Economy of International Relations. Princeton: Princeton University Press. Lindblom, Charles (1977). Politics and Markets. Chilcote, Ronald (2000). Theories of Comparative Political Economy. (Boulder: Westview Press). Classical Liberalism John Stuart Mill (1848) Principles of Political Economy. Book I: Ch 1-8, and 10; Book II: Ch 1-4 and 14-16; Book III: Ch. 1-9, 11, 14, 17 and 20; Book IV: Ch. 1-4; Book V: Ch. 1-2, 7, and Available at Online Library of the Liberty Fund. Or John Stuart Mill (1863) Utilitarianism. Marxism and the Radical School Chilcote, Ronald (2000). Theories of Comparative Political Economy. (Boulder: Westview Press). Chilcote, Ronald (1985). Theories of Development and Underdevelopment. Read Chapters 3, 4, and 5 (pp ). Tucker, Robert (1978). The Marx-Engels Reader. "Economic and Philosophic Manuscript of 1844," "Wage, Labour and Capital," "The Eighteenth Brumaire of Louis Bonaparte 1852," The Communist Manisfesto. Wallerstein,I. (1980) The Modern World System, Vol 1 and 2. Wallerstein, I. (1979). The capitalist world-economy. Cambridge: Cambridge University Press. Wallerstein, I. (2002). New revolts against the system. New Left Review, No 18, Nov-Dec Wallerstein, Immanuel (1974). "Dependence in and Interdependent World African Studies vol 17 no 1. MARX Marx. Capital. Vol. 1. 4
5 Tucker, Robert (1978). The Marx-Engels Reader. "Economic and Philosophic Manuscript of 1844," "Wage, Labour and Capital," "The Eighteenth Brumaire of Louis Bonaparte 1852," and The Communist Manisfesto. And Theories of Surplus Value. Vol. 2 part on "Crisis Theory." New Mercantilism Economic Nationalism Gilpin, Robert (2001). Global Political Economy: Understanding the International Economic Order. Princeton: Princeton University Press. Krasner, Stephen D. (1978). Defending the National Interests. C. Christopher Baughn; Attila Yaprak (1996) Economic Nationalism: Conceptual and Empirical Development Political Psychology, Vol. 17, No. 4. (1996), pp Paolo Guerrieri; Pier Carlo Padoan (1986) Neomercantilism and International Economic Stability International Organization, Vol. 40, No. 1. (Winter, 1986), pp Rudolph C. Blitz (1967) Mercantilist Policies and the Pattern of World Trade, The Journal of Economic History, Vol. 27, No. 1. (March), pp Neoclassical Monetarists & Neoliberalism Friedman, Milton (1962). Capitalism and Freedom. OR Friedman, Milton (1980). Free to Choose. Tavlas, George (1997). Chicago, Harvard, and the Doctrinal Foundations of Monetary Economics, Journal of Political Economy, 105, no. 1, pp Keynesianism and Heterodoxy (Alternative Institutionalists & Evolutionary Economics) Hall, Peter, ed. (1989). The Political Power of Economic Ideas: Keynesianism Across Nations. READ CH. 1-2 AND ANY ADDITIONAL TWO CASES. Galbraith, J. Kenneth (1984). The Affluent Society, 4th ed. North, Douglass (1990). Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press. Schumpeter, Joseph (1942). Capitalism, Socialism and Democracy Public Choice Theory Downs, Anthony (1957). An Economic Theory of Democracy. Dennis Mueller Public Choice: A Survey Journal of Economic Literature 14:2 (June 1976): Frey, Bruno (1984). "The Public Choice View of." International Organization. Vol. XXXVIII. Mancur Olson. The Logic of Collective Action. Stevens, Joe (1993). The Economics of Collective Choice. Boulder: Westview. Interdependence School Keohane, Robert and Joseph Nye (1989). Power and Interdependence. 3 rd or 4 th edition. Doyle, Michael (1986) Liberalism and World Politics APSR 80 (4): Power Transition Theory Kugler, Jacek and Ron Tammen eds. (2012). Performance of Nations. Lantham: Rowman Littlefield. Tammen, Ron et. Al (2000). Power Transition: Strategies for the 21 st Century. New York: Chatham House Publishers. Policy Realities, Politics of Economic Reform Policies: Alexander, Kern, Rahul Dhumale and John Eatwell. (2006). Global Governance of Financial Systems. Oxford: Oxford University Press. Arat, Zehra (1988) Democracy and Economic Development: Modernization Theory Revisited Comparative Politics, Vol. 21, No. 1. (Oct., 1988), pp Barkey, Henri (1992). The Politics of Economic Reform in the Middle East. Biersteker, Thomas J. Ed. (1993). Dealing with Debt. Boulder: Westview Press. Frankel, Jeffrey (1995). Financial Markets and Monetary Policy. Cambridge: MIT Press. Goff, Patricia (2000). Invisible Borders: Economic Liberalization and National Identity, ISQ Vol 44 no. 4 (December): Griffen, Alternative Strategies for Economic Development. (New York: St. Martin s Press).Ch Haggard, Stephan and Robert Kaufman (1995). The Political Economy of Democratic Transitions. Princeton: Princeton University Press. 5
6 Keohane, Robert (1984). After Hegemony. Princeton: Princeton University Press. Kindleberger, Charles (1987). International Capital Movements. Cambridge: Cambridge University Press. Mansfield, Edward and Helen Milner eds. (1997). The Political Economy of Regionalism. New York: Columbia University Press. Manzetti, Luigi (2002) Political Manipulations and Market Reform Failures World Politics 55 (April 2003), PDF FILE online. Mosley, Layna (2003). Global Capital and National Governments. Cambridge: Cambridge University Press. Nelson, Joan M., ed. (1990). Economic Crisis and Policy Choice: The Politics of Adjustment in the Third World. Ch. 1-4 Pauly, Louis. (1997). Who Elected the bankers? Ithaca, NY: Cornell University Press. Pereira, Luiz, Jose Maravall, and Adam Przeworski (1993). Economic Reforms in New Democracies.Przeworski, Adam and Fernando Limongi (1997) Modernization: Theories and Facts World Politics 49.2 (1997) PDF FILE online. Santiso, Javier (2003). The Political Economy of Emerging Markets.New York: Palgrave. Waterbury, John. "The Political Management of Economic Adjustment and Reform." In Economic Adjustment in Algeria, Egypt, Jordan, Morocco, Pakistan, Tunisia and Turkey. Economic Development Institute of the World Bank Seminar Report No. 15. Washington, D.C.: World Bank Pp Weyland, Kurt (1998). The Political Fate of Market Reform in Latin America, Africa, and Eastern Europe, ISQ Vol. 42 no.4 (December): Williamson, John, ed. (1994). The Political Economy of Policy Reform. Washington, DC: Institute for International Economics. 6
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