Social Studies > Political Science > Political Economy of Globalization

Political Economy of Globalization posted by member150_php on 2/11/2009

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Abstract/Syllabus

Courseware/Lectures

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Spring 2006

Young girls in India practice their computer skills at a computer center. (Photo by Nina Minka. Courtesy of U.S. Aid.)

Course Highlights

This course features a detailed reading list.

Course Description

This is a graduate seminar for students who already have some familiarity with issues in political economy and/or European politics. The objective is to examine the ways in which changes in the international economy and the regimes that regulate it interact with domestic politics, policy-making, and the institutional structures of the political economy in industrialized democracies.

Syllabus

Description

We begin with an examination of these issues in historical terms during the 19th and early 20th centuries. We then consider the intensification of trade and financial flows in recent years associated with 'globalization' asking if these differ from past experience, how they affect domestic politics and policy-making, and whether other pressures are at work here. We enquire into the responses available to national states in the face of such developments and the implications of these responses for the state and society.

The objective is to examine some of the most provocative contribution in a large literature with a view to establishing the key issues and promising ways to investigate them.

Course readings emphasize the cases of Western Europe, but discussion will cover general issues applicable across the industrialized world.

Strongly recommended background reading: Martin Wolf. Why Globalization Works. New Haven, CT: Yale University Press, 2004. ISBN: 9780300102529.

Grading

Students are required to prepare a research paper on topics related to the subject of the course or write two short essays (12-15 pages) based on course readings. The grade is based on these, with some allowance made for contribution to class discussion.

Calendar

Lec #	Topics
I. The Challenge of International Integration in Historical Perspective
1	The First Globalization
2	Trade and Politics
II. International Economic Openness and Growth
3	Trade and the Postwar Growth System
4	Trade and Development in the Postwar World
5	Fragmenting Production Systems
6	International Institutions
III. Globalization and its Impact
7	Fragmentation and Development
8	Globalization and Institutional Convergence
9	Inequality and Unemployment: The Effects of Globalization?
10	The End of Generous Welfare States?
11	Globalization and Innovation
12	Globalization and Politics

Further Reading:

Lec #	Topics	Readings
I. The Challenge of International Integration in Historical Perspective
1	The First Globalization	O'Rourke, K. H., and J. G. Williamson. Globalization and History. Cambridge, MA: MIT Press, 2001. ISBN: 9780262650595. Bordo, M., B. Eichengreen, and D. Irwin. "Is Globalization Today Really Different than Globalization 100 years Ago?" National Bureau of Economic Research Working Paper No. 7195, 1999.
2	Trade and Politics	Rogowski, Ronald. "Political Cleavages and Changing Exposure to Trade." American Political Science Review 81, no. 4 (December 1987): 1121-1137. Gourevitch, Peter. Politics in Hard Times. Ithaca, NY: Cornell University Press, 1986, chapters 1-4. ISBN: 9780801494369. Goldstein, Judith. "Ideas, Institutions and American Trade Policy." International Organization 42, no. 1 (Winter 1998): 179-217.
II. International Economic Openness and Growth
3	Trade and the Postwar Growth System	Eichengreen, Barry. "Institutions and Economic Growth: Europe after World War II." In Economic Growth in Europe since 1945. Edited by Nicholas Crafts and Gianni Toniolo. Cambridge, UK: Cambridge University Press, 1996, pp. 38-72. ISBN: 9780521499644. Shonfield, Andrew. Modern Capitalism. London, UK: Oxford University Press, 1968, chapters 1-5. ISBN: 9780192870018. Ruggie, John. "International Regimes, Transactions, and Change: Embedded Liberalism in the Postwar Order." International Organization 36, no. 2 (Spring 1982): 379-415. Milward, Alan S. The European Rescue of the Nation State. New York, NY: Routledge, 2000, chapters 1, 2, and 4. ISBN: 9780415216296.
4	Trade and Development in the Postwar World	The World Bank. "Trade and Development in the Postwar World." In Rethinking the East Asian Miracle. New York, NY: Oxford University Press, 1993, Overview, and chapters 1-3. ISBN: 9780195209938. Stiglitz, J., and S. Yusuf. Rethinking the East Asian Miracle. New York, NY: World Bank Press, 2001, chapters 9, 10, and 11. ISBN: 9780195216004. Moran, T., E. Graham, and M. Blomström. Does Foreign Direct Investment Promote Development? Washington, DC: Peterson Institute, 2005, chapters 2, 8, 11, and 14. ISBN: 9780881323818.
5	Fragmenting Production Systems	Sturgeon, Timothy. "Modular Production Networks: A New American Model of Industrial Organization." Industrial and Corporate Change 11, no. 3 (2002). Gourevitch, P., R. E. Bohn, and D. McKendrick. "Who is Us? The Nationality of Production in the Hard Disk Drive Industry." Data Storage Industry Globalization Project Working Paper No. 97-01, UCSD. Steinfeld, E. "Chinese Enterprise Development and the Challenge of Global Integration." MIT-IPC-02-001.
6	International Institutions	Helliner, Eric. States and the Re-emergence of Global Finance. Ithaca, NY: Cornell University Press, 1994, chapters 1-4, and 9. ISBN: 9780801428593. Abdelal, Rawi. Capital Rules: Institutions and the International Monetary System. Cambridge, MA: Harvard University Press, chapters 1, 6, 7, and 8. (Forthcoming)
III. Globalization and its Impact
7	Fragmentation and Development	Kaplinsky, Raphael. Globalization, Poverty and Inequality. Malden, MA: Polity Press, 2007, chapters 3 and 6. ISBN: 9780745635545.
8	Globalization and Institutional Convergence	Hall, Peter A., and David Soskice. The Varieties of Capitalism. London, UK: Oxford University Press, 2001, pp 1-68. ISBN: 9780199247752. Gourevitch, Peter, and James Shinn. Political Power and Corporate Control. Princeton, NJ: Princeton University Press, 2005, chapters 1, 2, and 4-7. ISBN: 9780691122915.
9	Inequality and Unemployment: The Effects of Globalization?	Iversen, Torben, and Anne Wren. "Equality, Employment and Budgetary Restraint: The Trilemma of the Service Economy." World Politics 50, no. 4 (July 1998): 507-546. Burtless, Gary. "International Trade and the Rise in Earnings Inequality." Journal of Economic Literature 33 (June 1995): 800-16. Sala-i-Martin, Xavier. "The Disturbing 'Rise' of Global Income Inequality." National Bureau of Economic Research Working Paper No. 8904, April 2004.
10	The End of Generous Welfare States?	Levy, Jonah. "Vice into Virtue: Progressive Politics and Welfare Reform in Continental Europe." Politics and Society 27, no. 2 (June 1999): 239-273. Swank, Duane. Global Capital, Political Institutions, and Policy Change in Developed Welfare States. Cambridge, UK: Cambridge University Press, 2002, chapters 1, 7, and 8. ISBN: 9780521001441. Lindert, Peter. Growing Public. Cambridge, UK: Cambridge University Press, 2004, chapters 1, 10, and 11. ISBN: 9780521529167.
11	Globalization and Innovation	Zysman, John and Abraham Newman. How Revolutionary Was the Digital Revolution? Stanford, CA: Stanford University Press, 2006, introduction and parts 1-4. ISBN: 9780804753357. (Forthcoming) Ornston, Darius and Olli Rehn. "An Old Consensus in the 'New' Economy?" In How Revolutionary Was the Digital Revolution? Edited by John Zysman and Abraham Newman. Stanford, CA: Stanford University Press, 2006, introduction and parts 1-4. ISBN: 9780804753357. (Forthcoming) Levy, Jonah. The State after Statism: New State Activities in the Age of Liberalization. Cambridge, MA: Harvard University Press, 2006. (Forthcoming)
12	Globalization and Politics	Frieden, Jeffry. "Invested Interests: The Politics of National Economic Policies in a World of Global Finance." International Organization 45 (1991): 425-451. Scheve, Kenneth, and Matthew Slaughter. "What Determines Individual Trade Policy Preferences?" National Bureau of Economic Research Working Paper No. 6531, April 1998. Ancelovici, Marcos. "Organizing Against Globalization: The Case of ATTAC in France." Politics and Society 30, no. 3 (September 2002): 427-463.