My Office: Cabell 248C tlf x7818
Office Hours: T & R 11-12 + appt.
Class: Tuesday 3:30-6:00 in CABELL 331 NOTE TIME CHANGE
most recent document update: 25 January 2001
This course covers several different but interrelated topics that constitute the domain of international political economy. It is not comprehensive. Instead it will provide a largely institutionalist, system centered approach to the development of the international economy and the ways in which political and state action have shaped and been shaped by that economy, while also trying to cover the major literatures. The course's major themes are the formation and interaction of states and (international) markets (including 'long cycles'); the institutions (?!?) governing (!?!) the flow of commodities, labor and capital, particularly in the 19th and 20th centuries (including theories of imperialism, hegemonic stability theory, and regime theory); the role of 'domestic' politics in the creation of governing institutions, the regulation of trade, capital, and labor flows; and economic development (understood from a system wide perspective). More focused treatments of economic development at the domestic level from a political economy perspective can be found in GFIR 839 (Schwartz and Waldner) and of state building in GFCG 506 (Waldner). GFIR 572 (Schoppa) offers a close look at hegemonic stability theory and the theory of two-level games. GFIR 738/538, when taught by Walder, is more oriented to the neo-realist/liberal institutionalist debate about cooperation than the historicist survey you will find here.
Most articles are on reserve via the Toolkit "materials" page for the class. The exceptions will have a red # after them. I will try to have more on-line as the semester progresses.
All chapters from books and books should be on reserve at Clemons
· Gerschenkron “Economic” and Frieden “Sectoral” are on “materials”
· Books marked (438) are listed as being under GFIR 438
There is no "required" text. You may wish to familiarize yourself with some or all of the (by and large inadequate) IPE 'texts' now available (especially Schwartz):
23 January a short discussion of the syllabus, and expectations/formats for the book reports and reading summary
30 January politics and/vs markets and states and/vs economies F: Sophie
· O Hintze: Historical Essays of Otto Hintze (F Gilbert, ed) ch 4 & 5
· C Tilly, "War making and state making as organized crime" in Peter Evans, etal, Bringing the State Back In
· Jacob Viner "Power Versus Plenty as Objectives of Foreign Policy in the Seventeenth and Eighteenth Centuries," World Politics 1:1, October 1948, pp. 1-29.
· Hendrik Spruyt, “Institutional Selection in International Relations” in International Organization 48:4, Autumn 1994, pp. 527-557.
Recommended: Douglas A. Irwin, "Mercantilism As Strategic Trade Policy: The Anglo-Dutch Rivalry for the East India Trade," Journal of Political Economy 99:6, 1991, pp. 1296-1314.
optional: Schwartz, ch 1-2
books: Stuart: Tilly Coercion, Capital & European States, Anderson, Lineages of the Absolutist State
6 February origins of capitalist agriculture and the origins of IPE (also: agents vs structures) F: Rachel Summary: Aycan
· Alexander Wendt, "Agent Structure Problem in International Relations Theory," International Organization 41:3, Summer 1987, pp. 335-370
· I Wallerstein: "Rise and future demise" Comp Stud in Soc & Hist #16 sept 1974 (both IWs also in IW: Capitalist World Economy) #
· R Brenner: "Origins of capitalist development: a critique of neo-smithian marxism" New Left Review # 104 July 1977, p. 25-93 #
· D North: "Institutions," J. of Economic Perspectives 5:1 Winter 1991, pp. 97-113
books: North, Institutions, Institutional change and Economic performance, (Or: North & Thomas, Rise of the western world), Flora: Wallerstein, MWS
resources (both weeks): J Abu-Lughod, Before European Hegemony, P Anderson Lineages of the absolutist state, R Brenner "Agrarian class structure & economic development in pre-industrial Europe" Past & Present #70 p 30-75, K N Chaudhuri, Asia before Europe, B Moore Social origins of dictatorship & democracy, C Tilly ed Formation of nation states in Europe, B Moore, Social Origins of Dictatorship & Democracy; Dessler, "What's at stake in the Agent-Structure Debate?" International Organization ??
13 February Secular trends; long cycles of expansion? F: Jose, Summary: Jose
· S Krasner, "State Power and the Structure of International Trade," World Politics 28:3, April 1976 (read for link to hegemonic stability theory)
· G. Modelski: "Long cycle of global politics..." Comparative Studies in Society & History 20:2, 1978. #
· W Thompson, "Long Waves, Technological Innovation, and Relative Decline," International Organization 44:2, Spring 1990, pp 201-233
· C Perez & C Freeman, "Structural Crises of Adjustment, Business Cycles, and Investment," in Dosi, etal, Economic Theory and Technical Change ch 3
books: J. Goldstein, Long Cycles, Modelski, Long Cycles, Gilpin, War and Change
resources: Review vol II, #4, special issue on long cycles, J. Schumpeter Business Cycles (esp. descriptive chapters); G Modelski Long cycles in world politics, N Kondratieff Long Wave Cycle (ed by G Daniels & J Snyder), J Goldstein Long Cycles, war, and transformation, C. Freeman, ed., Long Cycles and Economic Change
20 February Systemic perspectives on development, late development F: Jeannie Summary: Stuart
books: Aycan: Lewis, Evolution, Sophie: Cardoso, Dep & Development, KelliAnn: L Reynolds Economic Growth in the 3rd World, Rachel: Warren, Imperialism: Pioneer of Capitalism.
resources: M Porter, Competitive Advantage of Nations; A Chandler, Visible Hand, Strategy and Structure, & Scale and Scope, D Waldner, States and Late Development
27 February States, cooperation & hegemonic stability theory F: Aycan, Summary: KelliAnn
· C Kindleberger, "Dominance and Leadership in the International economy," International Studies Quarterly 25:2, June 1981, pp. 242-254 #
· Mancur Olson, The Logic of Collective Action, ch. 1-2.
· D Snidal, "The Limits of Hegemonic Stability Theory," International Organization 39 (Autumn 1985): 579-614. #
· D Lake, "Leadership, Hegemony, and the International Economy: Naked Emperor or Tattered Monarch with Potential," International Studies Quarterly, 37, 4, (December 1993): 459-489. #
resources: I Grunwald, "Myth of Hegemonic Stability" International Organization 1990
NO BOOKS – take a break.
6 March British hegemony: markets, class and hegemony. Does hegemony require an actor? Summary: Flora
· P J Cain and AG Hopkins, "Political Economy of British Overseas Expansion, 1750-1914," Economic History Review 2nd ser. 33:4, Nov 1980, pp. 463-490 #
· A Fishlow: "Lessons from the past: 19th & 20th cen. capital markets" (in M Kahler, Politics of international Debt; or International Organization 39:3, 1986)
· T McKeown: "Hegemonic Stability Theory and 19th Century tariff levels in Europe." International Organization 37:1, winter 1983, pp. 73-92.
· R Gilpin: US Power & the MNC ch 2 & 3
· James Foreman-Peck, "A Political Economy of International Migration, 1815-1914." Manchester School of Economics & Social Studies 60:4, Dec 1992, pp. 359-76. #
books: Shino: Gilpin, US Power, Jose: D. Lake, Power, Protection, Free Trade
resources: D. Denoon, Settler Capitalism, H Schwartz, "Foreign creditors and the politics of development" International Studies Quarterly sept 1989; M Edelstein: Overseas Investment in the Age of High Imperialism
13 March reading holiday, no class
20 March International markets vs. domestic politics, again (second image reversed) Summary: Rachel
· J Kurth: "Political consequences of the product cycle" International Organization 33:1, winter 1979, p 1-32. (Product cycle model applied to PE)
· P Gourevitch: "International trade, domestic coalitions & liberty" J of Interdiscip'ry History 8:2, autumn 77, p 281-313 (also in Gourevitch, Politics in Hard Times) (one of the original sector models) #
· B. Cumings: "Origins and development of the NE Asian political economy" in F. Deyo, Political Economy of New Asian ind'sm (product cycle model elaborated and applied to IPE)
· M Bernard and J Ravenhill, "Beyond Product Cycles and Flying Geese: Regionalization, Hierarchy, and the Industrialization of East Asia," World Politics, 47:2, January 1995, pp.171-209. (criticism of simple notion of PC model)
books: Stuart: D. Calleo, Imperious Economy, Sophie: Gourevitch, Politics in Hard Times
27 March Money, capital and post-war US hegemony F: Kim
books: Block, Origins, Kim: Odell, US International Monetary Policy, KelliAnn: Helleiner, States and Reemergence
resources: Special issue of International Organization 46:3 Summer 1992 (Multilateralism), T Ferguson "From Normalcy to New Deal" International Organization 38:1 1984; John Odell, US International Monetary Policy; Judith Goldstein, Ideas and US Trade Policy; Robert Mundell, 'Capital Mobility and Stabilization Policy under Fixed and Flexible Exchange Rates,' Canadian Journal of Economics and Political Science, 29, 1963 pp. 475-485; B Simmons, Who Adjusts?
3 April Trade, trade regimes, and institutional roots of US Trade Policy F: Flora Summary: Kim
· R. Keohane & Nye: Power and interdependence ch 1-3, skim rest
· S. Krasner, ed: International Regimes read: 2 krasner chs [ie NOT preface], Cohen (Balance of Payments) ch. Zacher/Finlayson ch (GATT Regime) (also in International Organization 36:2, Spring 1982)
· R. Keohane: After Hegemony. section II (skim the rest!)
· I. M. Destler, American Trade Politics any edition, ch 1, 2
· Michael A. Bailey, Judith Goldstein, and Barry R. Weingast, “The Institutional Roots of American Trade Policy: Politics, Coalitions and International Trade,” World Politics 49:3, April 1997, pp. 309-338.
Recommended: C Kindleberger, World in Depression 1929-1939 ch 1, 14
Books: Aycan: Keohane (AH), F Kratochwil, Rules, norms, and decisions, Rachel: J Greico, Cooperation among nations, Flora: S Strange, Retreat of the State
10 April Political effects from trade and SST / RV theories of trade politics summary: Jeannie
· Ronald Rogowski, "Political Cleavages and Changing Exposure to Trade," American Political Science Review 81:4, December 1987, pp. 1121-1137.
· Paul Midford, "International Trade and Domestic Politics: Improving on Rogowski's Model of Political Alignments," International Organization 47:4, 1993, pp. 535-564.
· James E. Alt and Michael Gilligan, "The Political Economy of Trading States: Factor Specificity, Collective Action Problems, and Domestic Political Institutions," Journal of Political Philosophy 2: 2, (1994, pp. 165-192. # OR
· James E. Alt, et al., "The Political Economy of International Trade: Enduring Puzzles and an Agenda for Inquiry," Comparative Political Studies 29:6, December 1996, pp. 689-717. #
books: Shino: Ronald Rogowski, Commerce and Coalitions; Helen Milner, Resisting Protectionism, plus we will concentrate on the 2 Alt articles.
Resources: Judith Goldstein, “International Law and Domestic Institutions: Reconciling North American ‘Unfair’ Trade Laws,” International Organization 50:4, Autumn 1996, pp. 541-564. B & R Yarbrough, “Cooperation in the Liberalization of International Trade.” International Organization 41:1 Winter 1987 pp. 1-26
17 April multinational corporations Summary: Sophie
· S. Hymer "Unequal Development" in G. Modelski Transnational Corporations & World Order
· C. Kindleberger "Theory of Direct Foreign Investment." in Modelski
· R. Vernon "Product Cycle" in Modelski
· T. Moran "Foreign expansion as an institutional necessity." World Politics April 1973, pp. 369-386.
· R Caves, "MNE as an Economic Organization," in J. Frieden/D. Lake, ed, International Political Economy
· G Gereffi, Commodity Chains and Global Capitalism ch 1-2
· E Mandel Europe vs America ch 1, 2, 4
· R Gilpin: US power & the MNC ch 4
· :,, pp.
books: Mandel Europe Vs Am, Kim: D. Encarnation, Rivals beyond Trade, Ilke: Doremus et al., Myth of the Global Corporation Jose: Saskia Sassen: Mobility of Capital and labor
resources: C Palloix: "Self expansion of capital on a world scale." Review of Radical Political Economy 9:2 sum 77 p 1-28; Gilpin US power & the MNC ch 5-6, JJ Servan-Schreiber The American Challenge; C Bergsten, etal American multinationals & American interests; T Ozawa Multinationalism, Japanese style; F Frobel New international division of labor, S Sassen-Koob (or S Sassen) (everything!), C Enloe, Bananas, Beaches, Bases, C. S. Eliot King, "U.S. Politics and Greater Regulation of Inward Foreign Direct Investment," International Organization 51:2 Spring 1997, pp. 301-333.
24 April. Globalization: something old, something new, something borrowed, something blue F: Ilke Summary: Shino
· Geoffrey Garrett, "Capital Mobility, Trade, and the Domestic Politics of Economic Policy," International Organization 49:4, Summer 1995, pp. 657-687.
· Michael Webb, "International Economic Structures, Government Interests and International Coordination of Macroeconomic Adjustment Policies," International Organization 45:3, 1991, pp. 309-42
· Torben Iversen, "Wage Bargaining, Central Bank Independence and the Real Effects of Money," International Organization 52:3, Summer 1998, pp. 469-504.
Books: Jeannie: Keohane and Milner, (at least ch 1, 2, 3, 10)
Resources: Williamson & O'Rourke, Globalization as History
1 May Trade and regionalization issues: Summary: Ilke
this version current as of 25 January 2001
Return to syllabi
syllabus © Herman Schwartz 2001