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International Political Economy Course Objectives

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International Political Economy Course Objectives International Political Economy Semester: Spring 2016 Program: International Master’s Program in International Studies (IMPIS) Time: Tuesday, 9:10AM~12:00PM Classroom: TBA Number of Credits: 3 Course Type: Core course, required Instructor: Chienwu (Alex) Hsueh 薛健吾 Email: [email protected] Office Hour: Tuesday 2:00~4:00PM, by appointment, or walk-in welcome Course Objectives International Political Economy (IPE) studies the political battle between the winners and losers of global economic exchange, addressing how political factors affect economic outcomes and how economic factors influence political outcomes at both the domestic and the international levels of analysis. Two abstract and considerably broader questions typically shape IPE scholarship. First, how exactly does politics shape the decisions that societies make about how to use the resources that are available to them? Second, what are the consequences of these decisions? Therefore, the mainstream IPE examines the interaction between “societal interests” and “political institutions” in order to understand how economic and political policies are ultimately made and how these policies may further shape the welfare of both the society and the state. This course is composed of two parts. The first part provides introduction to the basic background knowledge, which contains the scientific research method and the 1 traditional schools of IPE. The second part introduces important topics of the contemporary IPE research, which includes international cooperation, international trade system, international monetary system, international financial system, international integration, economic coercion, and globalization. Students are expected to learn to know how to use the IPE theories and analytical frameworks to analyze (describe, explain, and forecast) the important developments shaping the contemporary world. Course Description The course will proceed as follows. The instructor will do the lecture for the first three weeks. Then, since the fourth week, there will be weekly exams in the beginning of each week’s class from 9:10AM to 9:40AM. The questions in the weekly exams will cover the reading assignments of that week as well as students’ presentation in the previous week. There will be about 10 weekly exams and I will count your best 8 to calculate your final score. Students will be grouped into four groups and each group take turns to present the material the instructor assigned during the second hour of each week’s class. The instructor will lead the discussion based on the weekly reading assignments in the second and the third hour. The instructor will require students who do not do well in the weekly exams to take the final exam to pass this class. Course Requirements 1. Weekly Exams: 80% 2. Class Participation: 20% 3. Final Exam: For those who do not do well in the weekly exams or who want to pursue a higher final score. Note: 1. Students who are enrolled in the class but do not show up in the first week are not allowed to take this class. 2 2. Students who are absent for more than three weeks are failed automatically with no exceptions, despite any reason. You do not have to ask for leave in advance if you plan to be absent. 3. The instructor can and is more than happy to fail students who are not hard- working in their studies. 4. The instructor will ask students who come to class late to sing a song at the beginning of next week’s class as punishment. If you are frequently tardy, you will have to sing a song in a second language. 5. This class requires you to do lots of readings, so please do not enroll in this class if you do not plan to spend your valuable time on the readings. 6. To make sure the classes will be productive for everyone, please do not enroll in this class if you do not agree to any of the previous rules and requirements. Supplementary Materials Recommended Books (Not required to buy) Robert Gilpin. 2001. Global Political Economy: Understanding the International Economic Order. Princeton, NJ: Princeton University Press. Joseph M. Grieco and G. John Ikenberry. 2003. State Power and World Markets: The International Political Economy. New York, NY: W. W. Norton. Jeffry A. Frieden, David A. Lake, and J. Lawrence Broz, eds. 2009. International Political Economy: Perspectives on Global Power and Wealth, 5th edition. New York, NY: W. W. Norton. Thomas Oatley. 2012. International Political Economy, 5th edition. New York. NY: Routledge. John Ravenhill, ed. 2014. Global Political Economy, 4th edition. New York. NY: Oxford University Press. Thomas L. Friedman. 1999. The Lexus and the Olive Tree. New York, NY: Farrar, Straus, Giroux. 3 Thomas L. Friedman. 2007. The World Is Flat 3.0: A Brief History of the Twenty-first Century. New York, NY: Farrar, Straus and Giroux. Satyajit Das. 2016. The Age of Stagnation: Why Perpetual Growth is Unattainable and the Global Economy is in Peril. Amherst, NY: Prometheus Books. Recommended Journals (you can download the articles for free through NCCU’s ip address) International Organization Review of International Political Economy Review of International Organizations World Politics New Political Economy Journal of Political Economy The Journal of Economic History Journal of International Economics International Studies Quarterly International Studies Review Comparative Political Studies Journal of Conflict Resolution Journal of Peace Research Conflict Management and Peace Science International Interactions International Security Security Studies Defense and Peace Economics 4 American Political Science Review American Review of Political Science Annual Review of Political Science Foreign Policy Foreign Affairs International Affairs The Economist http://www.economist.com/ The International Interest http://intlinterest.com/ The National Interest http://nationalinterest.org/ 5 Class Schedule (The class schedule is subject to change according to students’ performance and interest or the instructor’s schedule.) Part I: Basic Background Knowledge Week 1: (2/21) Introduction Week 2: (2/28) National Holiday — No class Week 3: (3/7) Scientific Research Method Week 4: (3/14) What Makes the World “Tick” Part II: Important IPE Topics Week 5: (3/21) Is Hegemony Important or Not in International Cooperation? Week 6: (3/28) Why Is International Regime Important? Complying and Pathology Week 7: (4/4) National Holiday — No class Week 8: (4/11) What are the Determinants of States’ Trade Policy? (Part I) Week 9: (4/18) Midterm Exam Week (for Flexible Use) Week 10: (4/25) What are the Determinants of States’ Trade Policy? (Part II) Week 11: (5/2) What are the Determinants of Regional Integration? Week 12: (5/9) What are the Determinants of States’ Monetary Policy? Week 13: (5/16) How Do Major Powers Win the Wars against Other Major Powers? Week 14: (5/23) Is Economic Coercion a Useful Tool? Week 15: (5/30) National Holiday — No class Week 16: (6/6) What is Globalization? Week 17: (6/13) Why are There Contentment and Discontentment with Globalization? Week 18: (6/20) Final Exam Week 6 Part I: Basic Background Knowledge Week 1: (2/21) Introduction (No classwork.) Week 2: (2/28) National Holiday — No Class (No classwork.) Week 3: (3/7) Scientific Research Method Topic: Scientific Research Method Papers for Discussion: None Recommended papers: William H. Riker, “The Future of a Science of Politics,” American Behavioral Scientist 21, no. 1 (September 1, 1977): 11–38. Peter J. Katzenstein, Robert O. Keohane, and Stephen D. Krasner, “International Organization and the Study of World Politics,” International Organization 52, no. 4 (October 1, 1998): 645–85. Jeffrey Frieden and Lisa L. Martin, “International Political Economy: Global and Domestic Interactions,” in Ira Katznelson and Helen V. Milner, eds. Political Science: State of the Discipline (New York, NY: W. W. Norton & Company), pp: 118-146. David A. Lake, “Open Economy Politics: A Critical Review,” Review of International Organizations 4, no. 3 (September, 2009): 219-244. Thomas Oatley, “The Reductionist Gamble: Open Economy Politics in the Global Economy,” International Organization 65, no. 2 (Spring, 2011): 311-341. 7 Week 4: (3/14) What Makes the World “Tick” Topic: Internationalization and Domestic Politics Papers for Discussion: Robert Gilpin, “Three Models of the Future,” International Organization 29, no. 1 (1975): 37–60. Peter J. Katzenstein, “International Relations and Domestic Structures: Foreign Economic Policies of Advanced Industrial States,” International Organization 30, no. 1 (1976): 1–45. Peter Alexis Gourevitch, “International Trade, Domestic Coalitions, and Liberty: Comparative Responses to the Crisis of 1873-1896,” The Journal of Interdisciplinary History 8, no. 2 (1977): 281–313. Peter Gourevitch, “The Second Image Reversed: The International Sources of Domestic Politics,” International Organization 32, no. 4 (October 1, 1978): 881–912. Part II: Important IPE Topics Week 5: (3/21) Is Hegemony Important or Not in International Cooperation? Topic: Public Goods and the Evolution of the World Trade System Papers for Discussion: Stephen D. Krasner, “State Power and the Structure of International Trade,” World Politics 28, no. 3 (1976): 317–47. [Book] Robert O. Keohane, After Hegemony: Cooperation and Discord in the World Political Economy (Princeton University Press, 1984; 2005). Chapter 3, 4, 5, 6. Scott C. James and David A. Lake, “The Second Face of Hegemony: Britain’s Repeal of the Corn Laws and the American Walker Tariff of 1846,” International Organization 43, no. 01 (December 1989): 1–29. 8 Week 6: (3/28) Why Is International Regime Important? Complying and Pathology Topic: Why States Cooperate to Supply Global Public Goods Papers for Discussion: Kenneth A. Oye, “Explaining Cooperation under Anarchy: Hypotheses and Strategies,” World Politics 38, no. 1 (1985): 1–24. John J. Mearsheimer, “The False Promise of International Institutions,” International Security 19, no. 3 (December 1, 1994): 5–49. Ronald B. Mitchell, “Regime Design Matters: Intentional Oil Pollution and Treaty Compliance,” International Organization 48, no. 3 (July 1, 1994): 425–58.
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