Aida A. Hozic
Associate Professor
Department of Political Science
University of Florida
331 Anderson
INR 6039
INTERNATIONAL POLITICAL ECONOMY
Spring 2013
This course offers a survey of key empirical puzzles and the most important theoretical approaches in international political economy. The purpose of the course is twofold – to prepare students for the comprehensive exam in the field of international relations and to assist them in pursuit of their own research projects. However, the course is by no means comprehensive or reflective of the entire field of international political economy; emphasis here is primarily on macro-historical and sociological approaches to IPE and topics such as construction of the world economy, interaction of states and markets, domestic sources of international economic policy (and vice versa, domestic effects of global economic trends), and politics of production and consumption. Students interested in other approaches or particular topics should consult with the instructor on further readings.
COURSE REQUIREMENTS:
1. Two presentations/papers based on weekly readings, which will serve as discussion points for the class – 30%.
Papers written in preparation for discussion would have to be submitted to the entire class at least a day before our weekly class meeting on Thursday morning and, at the latest, by noon on Wednesday. Students will work in teams (2 or 3) and will be at liberty to choose how they wish to divide the readings and/or make the oral/video presentation most meaningful and engaging for their classmates. Papers, on the other hand, will have to be short (3-5 pages) reflections on weekly readings in their entirety.
2. Class participation and discussion questions/blogging – 20%.
Class attendance is not so much mandatory as assumed. While accommodations will be made for students who need to miss classes for health reasons (with documentation), religious holidays, University of Florida official functions or important conferences, they will still be responsible for doing the readings and participating in on-line discussion about them.
3. Final exam – 50%
Final exam will be a 48-hour take home exam. Questions will be distributed on April 25th at noon and will be due on April 27th at noon. Students will not be able to respond to questions related to their in-class presentations and papers but they will be able to relate their answers to their research interests (both regional and theoretical) if they chose to do so. Students will be able to select two questions from a number of prompts. Each response should be 8-10 pages in length.
GRADING SCALE
Grading scale is 94-100 A; 90-93 A-; 87-89 B+; 84-86 B; 80-83 B-; 77-79 C+; 74-76 C; 70-73 C-; 67-69 D+; 64-66 D; 60-63 D- .
For current regulations on grades and grade point averages for graduate students at the University of Florida please see:
http://gradschool.ufl.edu/catalog/current-catalog/catalog-general-regulations.html#grades
INCOMPLETES
Students who believe that they will not be able to complete all the requirements for the course in due time have to discuss an “I” (Incomplete) grade with the instructor before the final paper is due. Students will have to sign an “Incomplete Contract” (available at http://www.clas.ufl.edu/forms/) and complete all their requirements by a set date. Students should be aware that “I” grades become punitive after one term.
STUDENTS WITH DISABILITIES
Students requesting classroom accommodation must first register with the Dean of Students Office. The Dean of Students Office will provide documentation to the student who must then provide this documentation to the Instructor when requesting accommodation.
READINGS
Most readings will be available in electronic format. However, students may consider buying the following books:
Herman M. Schwartz, States versus Markets, 3rd Edition, Palgrave Macmillan, 2010
Robert Gilpin, Political Economy of International Relations, Princeton University Press, 1987
Susan Strange, Retreat of the State, Cambridge University Press, 1996
Nouriel Roubini, Crisis Economics, Penguin Books, 2011
Daren Acemoglu and James Robinson, Why Nations Fail: The Origins of Power, Prosperity and Poverty, Crown Business, 2012
Karen Ho, Liquidated: An Ethnography of Wall Street, Duke University Press, 2009
WEEKLY OUTLINE
Thursday, January 10
WEEK 1: INTRODUCTIONS AND THEMES
Robert C. Allen, Global Economic History: A Very Short Introduction, Oxford University Press, 2011
Albert O. Hirschman, The Passions and the Interests: Political Arguments for
Capitalism before Its Triumph, Princeton University Press, 1977
David L. Blaney and Naeem Inayatullah, Savage Economics: Wealth, Poverrty and the Temporal Walls of Capitalism, Routledge, 2010. Introduction and Chapter I, pp. 1-27 (and more, if interested)
Thursday, January 17
Week 2: MAKING OF THE WORLD ECONOMY: Before European Hegemony
Janet Abu-Lughod, Before European Hegemony: The World System A.D. 1250-1350, Oxford University Press, 1989. Part II – The Mideast Heartland, pp. 137-247
Fernand Braudel, The Structures of Everyday Life: Civilization and Capitalism 15th-18th Century, Volume 1, Harper & Row 1981. Chapter 1: Weight of Numbers, pp. 31-103
K.N. Chaudhuri, Trade and Civilisation in the Indian Ocean: An Economic History from the Rise of Islam to 1750, Cambridge University Press, 1985. Introduction, Chapters 1 and 2, pp. 1-62
Thursday, January 24
Week 3: MAKING OF THE WORLD ECONOMY: States and Markets
Herman M. Schwartz, States versus Markets, 3rd Edition, Palgrave Macmillan, 2010. Introduction, Chapter 1
Robert Gilpin, Political Economy of International Relations, Princeton University Press, 1987, Chapters 1 and 2.
Richard Lachman, States and Power, Polity Press, 2010. Chapters 1,2 and 4, pp. 1-65, 101-130
Perry Anderson, Lineages of the Absolutist State, Verso, 1996. Foreword, Chapters 1 and 2 and Two Notes A. Japanese Feudalism and B. The ‘Asiatic Mode of Production’, pp. 1-60 and 435-551
Charles Tilly, Coercion, Capital and European States AD 990-1992, Wiley-Blackwell, 1992, Chapters 1,2 and 3, pp. 1-95
Thursday, January 31
Week 4: MAKING OF THE WORLD ECONOMY: Agriculture and Capitalism
Herman M. Schwartz, States Versus Markets, Chapters 2-4
Karl Marx, Capital, Volume 1, Chapter 27: Expropriation of the Agricultural Population from the Land, available at http://www.marxists.org/archive/marx/works/1867-c1/ch27.htm
T.H. Aston and C.H.E. Philpin, The Brenner Debate: Agrarian Class Structure and Economic Development in Pre-industrial Europe, Cambridge University Press, 1995 (reprint), Introduction and Chapter 1 (Robert Brenner, “Agrarian Class Structure and Economic Development in Pre-Industrial Europe”), pp. 1-63
C. Peter Timmer, “The Turnip, the New Husbandry, and the English Agricultural Revolution,” The Quarterly Journal of Economics, 83:3 (Aug 1969) 375-395
Robert C. Allen, “Tracking the Agricultural Revolution in England,” Economic History Review 52:2 (May 1999) 209-235
J.S. Peet, “Spatial Expansion of Commercial Agriculture in the 19th Century: a von Thunen Interpretation,” Economic Geography 45:4 (Oct 1969), 283-301
Immanuel Wallerstein, “Rise and Future Demise of the World Capitalist System: Concepts for Comparative Analysis,” Comparative Studies in Society and History 16:4 (Sept 1974), 387-415
Thursday, February 7
Week 5: MAKING OF THE WORLD ECONOMY: Age of Imperialism
Herman M. Schwartz, States Versus Markets, Chapters 5-7
K.N. Chaudhuri, Trade and Civilisation in the Indian Ocean: An Economic History from the Rise of Islam to 1750, Cambridge University Press, 1985. Introduction, Chapters 3, 4 and 5, pp. 63-118
Eric Hobsbawm, The Age of Empire 1875-1914, Vintage Books, 1989. Overture and Chapter 3: Age of Empire, pp. 1-12, 56-83
P.J. Cain and A.G. Hopkins, “Political Economy of British Overseas Expansion 1750-1914” Economic History Review 33:4 (Nov 1980) 463-490
Douglas A. Irwin, “Mercantilism as Strategic Trade Policy: The Anglo-Dutch Rivalry for the East India Trade,” Journal of Political Economy 99:6 (Dec 1991) 1296-1314
A. Fishlow, “Lessons from the Past: 19th and 20th Century Capital Markets” International Organization 39:3 (Jun 1985) 383-439,
Thursday, February 14
Week 6: NATIONAL ECONOMIES IN THE WORLD ECONOMY: States versus Markets Redux
Daren Acemoglu and James Robinson, Why Nations Fail: The Origins of Power, Prosperity and Poverty, Crown Business, 2012 (as much as you can stand and or need to get the gist of it)
Karl Polanyi, The Great Transformation: The Political and Economic Origins of Our Times, Beacon Press, 2001
Peter Evans, Embedded Autonomy: States and Industrial Transformation, Princeton University Press, 1995, Chapters 1, 2, 8 and 10.
Giovanni Arrighi, Adam Smith in Beijing, Verso 2007
Thursday, February 21
Week 7: POLITICAL ECONOMY OF PRODUCTION
Antonio Gramsci, “Americanism and Fordism” in Selections from the Prison Notebooks
Harry Braverman, Labor and Monopoly Capital: The Degradation of Work in the Twentieth Century, Monthly Review Press, 1998. Introductions and Part I, from pp. ix to 106
Michael Burawoy, Manufacturing Consent: Changes in the Labor Process Under Monopoly Capitalism, University of Chicago Press, 1982. Preface, Chapters 2,4 and 5.
Mark Rupert, Producing Hegemony, Cambridge University Press, 1995. Chapters 1,2 and 4, pp. 1-39 and 59-82
Bob Jessop and Ngai Ling Sum, Beyond the Regulation Approach: Putting Capitalist Economies in Their Place, Edward Elgar 2006. Part I, pp. 1-122
Karen Ho, Liquidated: An Ethnography of Wall Street, Duke University Press, 2009
Thursday, February 28
Week 8: POLITICAL ECONOMY OF DISTRIBUTION AND CONSUMPTION: How Goods Travel and What They Bring With Them
Gary Gereffi and Miguel Korzeniewicz eds., Commodity Chains and Global Capitalism, Praeger, 1993, Chapter 1: Introduction, Chapter 5: The Organization of Buyer-Driven Commodity Chains
Steven Topik, Zephyr Frank and Carlos Marichal, From Silver to Cocaine: Latin American Commodity Chains and the Building of the World Economy, 1500-2000, Duke University Press, 2006, Introduction
Aida A. Hozic, Hollyworld: Space, Power and Fantasy in the American Economy, Cornell, 2002
Jeremy Presthold, Domesticating the World: African Consumerism and the Genealogies of Globalization, University of California Press, 2008
Sidney W. Mintz, Sweetness and Power: The Place of Sugar in Modern History, Penguin, 1986
Thursday, March 7
SPRING BREAK – No Class
Thursday, March 14
Week 9: POLITICAL ECONOMY OF MONEY AND FINANCE
Herman M. Schwartz, States versus Markets, Chapters 8-9
Barry Eichengreen, Globalizing Capital: A History of the International Monetary System, Princeton University Press, 2nd Edition, 2008
Jonathan Kirshner, Monetary Orders: Ambiguous Economics, Ubiquitous Politics, Cornell University Press, 2002 – Ch 11 by Mark Blyth and a Chapter of your Choice (part 2 on China)
Jeffrey Winters, Power in Motion: Capital Mobility and the Indonesian State, Cornell University Press, 1996
Thursday, March 21
Week 10: POLITICAL ECONOMY OF TRADE
Herman M. Schwartz, States versus Markets, Chapter 12
Helen V. Milner and Robert O. Keohane, Internationalization and Domestic Politics, Cambridge University Press, 1996, Chapters 1-3, pp. 3-78
Ronald Rogowski, “Political Cleveages and Changing Exposure to Trade,” American Political Science Review 81:4 (1987) 1121-37
Peter Gourevitch, “International Trade, Domestic Coalitions and Liberty,” Journal of Interdisciplinary History 8:2 (Autumn 1977), 281-313
David Lake, “Open Economy Politics: A Critical Review” The Review of International Organizations 4:3 (2009), 219-244
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) 309-338
James E. Alt et al., “The Political Economy of International Trade: Enduring Puzzles and an Agenda for Inquiry,” Comparative Political Studies 29:6 (Dec 1996), 689-717
Thursday, March 28
Week 11: POLITICAL ECONOMY OF DEBT AND DEVELOPMENT
Herman M. Schwartz, States versus Markets, Chapters 10 and 11
Alexander Gerschenkron, “Economic Backwardness in Historical Perspective,” and “The Approach to European industrialization: a Post-script” in Gerschenkron, Economic Backwardness in Historical Perspective, Belknap Press, 1962
F. H. Cardoso and E. Faletto, Dependency and Development in Latin America, University of California Press, 1971
Miles Kahler, “Politics and International Debt,” International Organization 39:3, June 1985, pp. 357-382
Carlos A. Primo Braga and Gallina A. Vincelette (eds.) Sovereign Debt and the Financial Crisis: Will This Time Be Different, World Bank, 2010
Thursday, April 4
ISA CONFERENCE – No Class
Thursday, April 11
Week 12: POLITICAL ECONOMY OF FINANCIAL CRISES
Herman M. Schwartz, States versus Markets, Chapters 13-14
Charles Kindleberger, Manias, Panics and Crashes: A History of Financial Crises, Palgrave Macmillan, 6th Edition, 2011
Susan Strange, Retreat of the State, Cambridge University Press, 1996
Nouriel Roubini, Crisis Economics, Penguin, 2011
David Harvey, The Enigma of Capital and the Crises of Capitalism. Oxford University Press, 2011
Thursday, April 18
Week 13: POLITICAL ECONOMY OF FINANCIAL CRISES: Center and Periphery
Herman M. Schwartz, Subprime Nation: American Power, Global Capital, and the Housing Bubble, Cornell University Press, 2009
Bela Greskovits and Dorothe Bohle, Capitalist Diversity on Europe’s Periphery, Cornell University Press, 2012
Saturday, April 19 and Sunday, April 20
WORKSHOP ON EUROPEAN CAPITALISM ORGANIZED BY THE CENTER FOR EUROPEAN STUDIES – time and place TBA but attendance will be mandatory.