International Political Economy undergraduate seminar

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1 Professor Tina Zappile, PhD (aka Dr. Z) Email: [email protected] Twitter: @tzappile Office: H-235, Telephone x3816 Office Hours: Mondays and Wednesdays 11:30am-12:15pm or Tues/Thurs by appointment POLS 3662: International Political Economy (IPE) Spring 2015 Mon-Wed 12:45pm - 2:35pm West Quad 104 Course Overview. International political economy (IPE) (a.k.a. global political economy) is the study of the simultaneous existence and interaction of states, markets and social forces at the global level of analysis. This course is an examination of the politics of international economic relations focusing on both state and non-state actors. Liberal, realist, and critical theories of political economy are examined and applied to several issues. Issues the course will explore include: the politics of markets, imperialism, dependency, interdependence, trade, direct foreign investment, multinational corporations, globalization, regional trade integration, international economic institutions, labor, and the environment. Course Objectives. To offer an examination of how political and economic structures interact in the global economy and world system To familiarize students with major theories and fundamental principles of global political economy To engage students in critical analysis and debates regarding the proper role of the state in the market among other ideas To facilitate the use of empirical evidence and quantitative analysis to assess theoretical perspectives Q2 Course Components. The Stockton curriculum has integrated within all undergraduate degrees a set of required quantitative reasoning courses, known as Q1 and Q2 courses. This Q2 course is not purely mathematical but has at least 25% of the course dedicated to exploring quantitative/mathematical ideas to explain the global economy. Data analytics, defining concepts using data, and evaluating data are used as a tool for understanding the content. As you take this course, the quantitative connection is meant to help strengthen your understanding of quantitative concepts (e.g. mean, correlation, etc.) and how quantitative analysis relates to the real world. Required Materials. 1) Global Political Economy, John Ravenhill, Fourth Edition (2014) ISBN: 9780199666010 a. Online student resources: http://www.oup.com/uk/orc/bin/9780199570812/ 2) Debates in International Political Economy, by Thomas Oatley, Second Edition (2011) 3) The Stiglitz Report, by Joseph Stiglitz and UN Commission of Financial Experts (2010) 4) The Idealist, by Nina Munk (2013) 5) The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor by William Easterly (2014)

Transcript of International Political Economy undergraduate seminar

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Professor Tina Zappile, PhD (aka Dr. Z) Email: [email protected] Twitter: @tzappile

Office: H-235, Telephone x3816 Office Hours: Mondays and Wednesdays 11:30am-12:15pm or Tues/Thurs by appointment

POLS 3662: International Political Economy (IPE) Spring 2015

Mon-Wed 12:45pm - 2:35pm West Quad 104 Course Overview. International political economy (IPE) (a.k.a. global political economy) is the study of the simultaneous existence and interaction of states, markets and social forces at the global level of analysis. This course is an examination of the politics of international economic relations focusing on both state and non-state actors. Liberal, realist, and critical theories of political economy are examined and applied to several issues. Issues the course will explore include: the politics of markets, imperialism, dependency, interdependence, trade, direct foreign investment, multinational corporations, globalization, regional trade integration, international economic institutions, labor, and the environment. Course Objectives.

• To offer an examination of how political and economic structures interact in the global economy and world system

• To familiarize students with major theories and fundamental principles of global political economy

• To engage students in critical analysis and debates regarding the proper role of the state in the market among other ideas

• To facilitate the use of empirical evidence and quantitative analysis to assess theoretical perspectives

Q2 Course Components. The Stockton curriculum has integrated within all undergraduate degrees a set of required quantitative reasoning courses, known as Q1 and Q2 courses. This Q2 course is not purely mathematical but has at least 25% of the course dedicated to exploring quantitative/mathematical ideas to explain the global economy. Data analytics, defining concepts using data, and evaluating data are used as a tool for understanding the content. As you take this course, the quantitative connection is meant to help strengthen your understanding of quantitative concepts (e.g. mean, correlation, etc.) and how quantitative analysis relates to the real world. Required Materials. 1) Global Political Economy, John Ravenhill, Fourth Edition (2014) ISBN: 9780199666010

a. Online student resources: http://www.oup.com/uk/orc/bin/9780199570812/ 2) Debates in International Political Economy, by Thomas Oatley, Second Edition (2011) 3) The Stiglitz Report, by Joseph Stiglitz and UN Commission of Financial Experts (2010) 4) The Idealist, by Nina Munk (2013) 5) The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor by

William Easterly (2014)

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6) Blackboard: See Blackboard for additional course materials, weekly quizzes, grades, and other basic course information. Links to videos and materials used in class will also be posted here.

7) New York Times Subscription- Follow these instructions to gain daily free access using your Stockton email account. Note: you must first register using your Stockton email account, then you can login on a daily basis to access assigned readings and further explore digital resources. This option is available to you after the course ends, as well.

STUDENT RESPONSIBILITIES:

Cheating and academic misconduct. I take cheating and plagiarism very seriously. There is absolutely no excuse for plagiarism. Any student engaging in academic misconduct will receive a zero in my course and be reported to the disciplinary committee. All students are required to read about plagiarism at the library’s webpage: http://intraweb.stockton.edu/eyos/page.cfm?siteID=86&pageID=100.

Classroom behavior. Professionalism is expected at all times. All phones and other electronic devices should be turned off before class begins. There are, of course, special exceptions to this rule (e.g., mothers of small children, medical emergencies). No reading or sleeping is permitted in class. You may talk in class only after I have given you permission. You will receive an extra 0 for a quiz score if your phone rings while class is in session or you are caught texting, reading, or in any way disturbing the class. This may seem harsh, but all I am asking is for you to be considerate to your fellow classmates. Please let me know if you will be late getting to class or if you have to leave class early. Your participation grade goes down if you do not.

• Professionalism is really the virtues (i.e., strengths of character) as they're lived and shown in the workplace. That is, prudence, justice, fortitude, self-control, faith, hope, and charity—all of which affect the way we work and give strength to our character. Below are some ways of understanding the very important concept of professionalism. Think about each of them. Have you seen examples of what's described below? Professionalism isn't just a set of appearances—neatness, good grooming, "shop talk" and the like. Nor is it just technical skill, for many technically skilled people are not really professional. Professionalism is, rather, a set of internalized character strengths and values directed toward high quality service to others through one's work. In their daily work, real

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professionals show these inner strengths and attitudes— sound judgment, know-how, business savvy, mature responsibility, problem-solving perseverance and ingenuity, along with what people call "class." This is as true for carpenters, machinists, police officers, and barbers as it is for lawyers, accountants, physicians, and engineers. Any honest work can be done professionally. (http://www.elmbrookcenter.org/james-stenson.html)

Problems and emergencies. If a problem or emergency arises that will prevent you from attending an exam or turning in a paper, you should contact Dr. Z as soon as possible. The best way to contact me is via email ([email protected]).

Learning Access Program (Disability Services). Located in J203, the Learning Access Program (LAP) provides services to students with disabilities. Registration for support services is strictly voluntary and on a confidential basis. Students MUST contact LAP immediately when they want to request reasonable accommodations for this course and can do so at any time during the semester, though earlier is better. (http://intraweb.stockton.edu/eyos/page.cfm?siteID=61&pageID=5) GRADED ASSIGNMENTS: Grading policies and standards. Letter grades will be calculated as follows. A: 100% - 93%; A-: 92 - 90; B+: 89 - 87; B: 86 - 83; B-: 82 - 80; C+: 79 - 77; C: 76 - 73; C-: 72 - 70; D+: 69 - 67; D: 66 - 63; D-: 62% - 60; F: 59% and below

Graded Item Percent of Overall Course Grade (total available points = 1,000 points)

Exam 1 20% or 200 points Exam 2 20% or 200 points Exam 3 20% or 200 points Weekly Assignments and Debates 20% or 200 points In-class Debates (1 required) 10% or 100 points Participation and Attendance 10% or 100 points Extra Credit. Attend events announced in class and complete extra credit reaction paper form available on Blackboard; you can complete up to 5 events at 4 points each (20 raw course points) Exams. All exams in this class are take-home. You can collaborate with other students but if you do so, you MUST list their names on your exam. In addition, you must complete and hand in an individual exam. Any violations of this policy are grounds for academic cheating. TURNITIN.com. Your take-home exams will be submitted through TurnItIn.com using the following information:

• Class name: POLS 3662 IPE • Class ID: 9388240 • Password: iperules

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Weekly Q2 Assignments. These are listed in the course schedule and will be posted in Blackboard. In-class Debates. Students will be assigned 1-2 debates during the semester. You must adequately prepare given the assigned materials as well as lead the class in the related discussion about the topic. The “Logical Fallacies” materials on Blackboard will be used (avoided, really) in this activity. Late assignments/exams. Assignments will lose 10% of their grade for every day they are late. For example, if you a paper is due on a Monday and you turn a B- (80%) paper in on Wednesday, you will receive a D- (60%). The only exceptions are if you have an emergency that prevents you from either (1) making it to class or (2) getting to a computer and emailing it to me. You must have documentation of a university-excused absence for you to turn in an assignment late without being penalized. COURSE SCHEDULE: Week 1 (Jan 21) Introduction to IPE Week 2 (Jan 26-30) Theories of IPE Read (Monday):

• GPE Ravenhill Chapter 1 “The Study of IPE” Read (Wednesday):

• GPE Watson Chapter 2 “Historical Roots of Theoretical Traditions in IPE” • Watch All IPE Theory videos (Blackboard)

Week 3 (Feb 2-6) Liberalism in IPE Read (Monday):

• GPE Aggarwal and Dupont Chapter 3 “Collaboration in the Global Political Economy” Read (Wednesday):

• Debates Chapter 1 “Geopolitical Change Threatens the World Order v. The Liberal Order Remains Robust”

Week 4 (Feb 9-13) International Trade Read (Monday):

• GPE Winham Chapter 5 “The Evolution of the Global Trade Regime” • GPE Ravenhill Chapter 6 “Regional Trade Agreements” • Watch “Introduction to Trade and Protectionism” video (Blackboard)

Read (Wednesday):

• Trade Blackboard readings (Robert Wade article) • Debates Chapter 2 “Trade Deficits Reduce Total Jobs v. Trade Deficits Produce Different

Jobs”

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• Debates Chapter 12 “Trade Promotes Growth v. Trade Does Not Promote Growth” • Debates Chapter 5 “Free Trade Agreements are Stepping Stones v. Free Trade Agreements

Are Stumbling Blocks” Homework: Robert Wade Trade Questions due Feb 11th Week 5 (Feb 16-20) Trade and Finance Homework: Trade agreement worksheet due Monday Feb 16th Wednesday February 20th FIRST EXAM Due (Theories of IPE) Week 6 (Feb 23-27) International Trade: Regional Trade Agreements (RTAs) & International Finance Read (Monday):

• GPE Helleiner Chapter 7 “Evolution of the International Monetary and Financial System” Read (Wednesday):

• Watch All “Monetary and Fiscal Policy” Videos • IMF Blackboard Reading

Homework: IMF Governance Worksheet due Feb 26 Week 7 (March 2-6) Trade and Finance continued… Read (Monday):

• Van den Berg Currency Chapters in Blackboard • Debates Chapter 11 “China Must revalue to Correct Global Imbalances v. Chinese

Revaluation Will Not Correct Global Imbalances” Read (Wednesday):

• Blackboard readings on Sovereign Wealth Funds • Debates Chapter 9 “Sovereign Wealth Funds Threaten U.S. Interests v. Sovereign Wealth

Funds Do Not Threaten U.S. Interests Homework: Currency Worksheet due Mar 5

Week 8 (Mar 9-13) Spring Break Read (over spring break): The Stiglitz Report (entire book) Week 9 (Mar 16-20) Crises Homework:

• The Stiglitz Report and Crises worksheet (Blackboard) due Mar 17

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Read (Monday): Pauly Chapter 8 “The Political Economy of Global Financial Crises” Read (Wednesday):

• Debates Chapter 10 “Too Little Market Regulation Caused the Financial Crisis v. Too Much Government Intervention Caused the Financial Crisis”

• Debates Chapter 16 “The Consequence of Crisis: Fundamental Change or Essential Continuity?”

Week 10 (Mar 23-27): The Promises & Failures of Development Read (Monday & Wednesday):

• The Idealist (entire book) Tuesday March 24th Preceptorial Advising Day! Friday March 27th: SECOND EXAM (International Trade, Finance and Crises) due at 5:00pm Week 11 (Mar 30-Apr 3) Globalization and its Consequences Read (Monday):

• McGrew Chapter 9 “The Logics of Economic Globalization” (only up to page 294) • Hay Chapter 10 “Globalization’s Impact on States” • Wade Chapter 12 “Globalization, Growth, Poverty, Inequality, Resentment, and

Imperialism” Wednesday April 1st Preceptorial Advising Day! Week 12 (Apr 6-10) MNCs; Development and Economic Growth Homework: Watch “The Corporation” and complete worksheet due Apr 6th Read (Monday):

• Thun Chapter 11 “The Globalization of Production” • Blackboard “Brand-Aid” and MNC readings • Debates Chapter 8 “The MNC Race to the Bottom v. The Myth of the MNC Race to the

Bottom” Read (Wednesday):

• GPE Phillips Chapter 13 “Globalization and Development” • Debates Chapter 13 “Foreign Aid Promotes Development v. Foreign Aid is Ineffective” • Debates Chapter 14 “Microcredit Facilitates Development v. Microcredit Does not

Facilitate Development” Homework: Development worksheet due Apr 8th

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Week 13 (Apr 13-17) Development and Economic Growth Read (Monday):

• Tyranny of the Experts (Chapters 1-5) Read (Wednesday):

• Tyranny of the Experts (Chapters 6-10) Week 14 (Apr 20-24) Environment Read (Monday):

• Dauvergne Chapter 14 “Globalization and the Environment” Read (Wednesday):

• Blackboard Environment Readings Homework: Environment worksheet due Apr 22nd Week 15 (Apr 27-May 1) Future of Globalization and Development Read (Monday):

• Debates Chapter 15 “The Beijing Consensus Will Replace The Washington Consensus v. The Myth of the Beijing Consensus”

Read (Wednesday):

• Tyranny of the Experts (Chapters 11-14)

THIRD EXAM (Globalization, MNCs, and Development) due Friday May 1st at 6:00pm MODIFIED CLASS SCHEDULE (final exam schedule): http://intraweb.stockton.edu/eyos/page.cfm?siteID=30&pageID=155