INTL 532/ MGEC 632 ADVANCED TOPICS IN POLITICAL ECONOMY
AND TURKEY
KOÇ UNIVERSITY
COLLEGE OF ADMINISTRATIVE SCIENCES AND ECONOMICS
DEPARTMENT OF INTERNATIONAL RELATIONS
Spring 2006
INSTRUCTOR: Professor Ziya Öniş
OFFICE: CASE 150
LECTURE HOURS: Friday 13:30-16:30
OFFICE HOURS: Tuesday & Thursday 15:30 – 16:30
Friday: 11:00 – 12:00
E-mail: zonis@ku.edu.tr
COURSE DESCRIPTION
The course aims to provide an in-depth coverage of selected set issues in the field of
international and comparative political economy. Topics to be covered this year include the
global trade and investment regime: from GATT to WTO and beyond; new regionalism in
comparative perspective; the European model of political economy and its future; NAFTA, Asia
Pacific and Mercosur: evolution and future prospects; the global financial system, emerging
market crises and the reform of the IMF; the emerging Post-Washington Consensus and the
future of north-south relations; the Turkish neo-liberal experiment; the dynamics of financial
crises and post-crisis adjustment in Turkey; and the political economy of Turkey – EU relations.
ASSESSMENT
Term Paper Project
Class Participation
Critical Review Paper
Take Home Exam
40 %
20 %
15 %
30 %
BACKGROUND TEXTS:
John Ravenhill. 2005. Global Political Economy. New York: Oxford University
Press.
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Kemal Derviş with Ceren Özer. 2005. A Better Globalization: Legitimacy,
Governance and Reform. Washington DC. Center for Global Development.
The International Trade and Investment Regime: GATT and WTO
Ravenhill, Chs 1-4.
Derviş, Chs 2, 6, 7.
Wade, R.H.. 2003. “ What Strategies are Viable for Developing Countries Today? The World
Trade Organization and the Shrinking of the ‘ Development Space’”. Review of International
Political Economy, Vol. 10, No.4.
Kingston. W. 2002 “ Removing Some Harm from the World Trade Organization”. Oxford
Development Studies, Vol. 32, No.2.
Wolfe. R. 2004. “ Crossing the River by Feeling the Stones: Where the WTO is Going after
Seattle, Doha and Cancun”. Review of International Political Economy,
Vol. 11, No.3.
New Regionalism in Comparative Perspective. NAFTA, the EU and the AsiaPacific
Ravenhill, Chs 5, 10.
Derviş, Ch 8.
Gamble. A. And A. Payne, eds. 1996. Regionalism and World Order. London. Macmillan.
Gruegel, J. And W. Hout.eds. 1999. Regionalism across the North-South Divide: State
Strategies and Globalization. London. Routledge.
Wallace, H. 2000. “ Europeanization and Globalization: Complementary or Contradictory
Trends?”, New Political Economy, Vol. 5.
Giddens, A., eds, 2001. The Global Third Way Debate. Cambridge: Polity Press (. Ch. 7, 8, ).
Gruegel, J. 2004. “ New Regionalism and Modes of Governance-Comparing US and EU
Strategies in Latin America”. European Journal of International Relations, Vol. 10, No.4.
Bowles, P. 2002. “ Asia’s Post-Crisis Regionalism: Bringing the State Back in, Keeping the (
United) States Out”. Review of International Political Economy,Vol. 9, No.2.
Weiss.L. 2004. “ Developmental States Before and After the Asian Crisis” in J. Perraton and
Ben Clift, eds.,Where are National Capitalisms Now? New York: Palgrave.
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Post-War International Monetary System and the IMF; Recent Debates on
IMF Reform in the Age of Financial Globalization
Ravenhill, Chs 6, 7.
Derviş, Ch 5.
Stiglitz, J. 2003. “ Capital Market Liberalization, Economic Growth and Instability”. World
Development. Vol. 38, No.8.
Akyüz, Y. 2005. “Reforming the IMF. Back to the Drawning Board”. G-24 Discussion Paper
Series. UNCTAD. No 38.
International Monetary Fund. 2003. “ Lessons from the Crisis in Argentina”. Report Prepared
by the Policy Development and Review Department, mimeo. Washington DC. The International
Monetary Fund.
Blejer, M. I. 2005. “Managing Argentina’s 2002 Crisis”, in T. Besley and R. Zagba eds.
Development Challenges in the 1990s. New York: Oxford University Press for the World Bank.
Tedesco, L. 2002. “ Argentina’s Turmoil: The Politics of Informality and the Roots of the
Economic Meltdown”. Cambridge Review of International Affairs, Vol. 15, No. 3.
Helleiner, E. 2005. ‘The Strange Story of Bush and the Argentine Debt Crisis’ Third World
Quarterly, 26 (6): 951-969.
The Development Debate: The Emerging Post-Washington Consensus in
Critical Perspective
Ravenhill Chs 9, 11, 12.
Held. D. 2003. Global Covenant: The Social Democratic Alternative to Washington Consensus.
Cambridge: Polity Press.
Giddens, A., eds, 2001. The Global Third Way Debate. (chs. 24, 26, 27, 28).
Chang, Ha-Joon. 2003. Globalisation, Economic Development and the Role of the State.
London: Zed Books
Ziya Öniş and Fikret Şenses. 2005. "Rethinking the Emerging Post-Washington Consensus: A
Critical Appraisal" Development and Change. Vol. 36, No.2. Available to download:
http://home.ku.edu.tr/~zonis/OnisZiyaandSensesFikret-Post-WashingtonConsensus.pdf
Dani Rodrik.2001. “ The Global Governance of Trade as if Development Really Mattered”,
Harvard University, mimeo
Download: http://ksghome.harvard.edu/~.drodrik.academic.ksg/UNDPtrade.pdf
O’Hearn. 2000. “ Globalization, ‘New Tigers’ and the End of the Developmental State? The
Case of the Celtic Tiger”. Politics and Society, Vol. 28, No.1.
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Turkish Development Experience in Critical Perspective: Recent Financial
Crises and Post-Crisis Dynamics in Turkey
Waldner, D. 1999. State Building and Late Development. Ithaca: Cornell University.
Öniş, Z. 2004. “ Turgut Özal and his Economic Legacy: Turkish NeoLiberalism in Critical
Perspective”. Middle Eastern Studies, Vol. 40, No.4
Öniş, Z. and B. Rubin, eds., 2003. The Turkish Economy in Crisis. London: Routledge
Derviş, K. 2004. “Returning from the Brink: Turkey’s Efforts at Systemic Change and Structural
Reform”, in T. Besley and R. Zagba eds. Development Challenges in the 1990s. New York:
Oxford University Press for the World Bank.
Öniş, Z. and E.Alper. 2004. “ The Turkish Banking System,Financial Crises and the IMF in the
Age of Capital Account Liberalization: A Political Economy Perspective”. New Perspectives on
Turkey, 30.
Akçay, C. 2003. “The Turkish Banking Sector Two Years After the Crisis: A Snapshot of the
Sector and Current Risks”. In Öniş and Rubin (2004)
Akyüz, Y and K. Boratav. 2003.”The Making of the Turkish Financial Crises”. World
Development, Vol. 31, No.9.
Öniş, Z. and E.Alper. 2003. “Emerging Market Crises and the IMF: Rethinking the Role of the
IMF in the Light of Turkey’s 2000 and 2001 Crises ”.Canadian Journal of Development Studies,
Vol.24, No.2.
Cizre, Ü and Yeldan, E. (2005) ‘The Turkish Encounter with Neo-liberalism: Economics and
Politics in the 2000/2001 Crises’, Review of International Political Economy, 12(3):
Buğra. A. and Ç. Keyder. 2003. New Poverty and the Changing Welfare Regime of Turkey.
Report prepared for the UNDP
Political Economy of Turkey-EU Relations
Kemal Derviş et al. 2004. Çağdaş Türkiye’nin Avrupa Dönüşümü. İstanbul: Doğan Yayıncılık.
Uğur, M.. 2004. “ Economic Mismanagement and Turkey’s Troubled Relations with the EU: Is
there a Link?” in M. Uğur and N. Canefe, eds., Turkey and European Integration. Accession
Prospects and Issues. London: Routledge.
Eder, M. 2004. “ Populism as a Barrier to Entry to integration with the EU: Rethinking the
Copenhagen Criteria.”. In M. Uğur and N. Canefe, eds..
Dutz, M., M. Us and K. Yılmaz. 2004. “Turkey’s Foreign Direct Investment Challenges:
Competition, the Rule of Law and the EU Accession” in S. Togan and B. Hoekman eds. Turkey,
Economic Reform and Accession to the European Union. New York: Oxford University Press.
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Derviş, K. et al. 2004. “Relative Income Growth and Convergence”. Centre for European Policy
Studies, Brussels EU-Turkey Working Papers, No. 8, September.
Derviş, K. et. al. 2004. “Turkey and the EU Budget: Prospects and Issues”. Centre for European
Policy Studies Working Papers, No. 6, August
ACADEMIC HONESTY
Honesty and trust are important to us all as individuals. Students and faculty adhere to the
following principles of academic honesty at Koc University
1.
Individual accountability for all individual work, written or oral. Copying from others
or providing answers or information, written or oral, to others is cheating.
2.
Providing proper acknowledgment of the original author. Copying from another
student’s paper or from another text without acknowledgment is plagiarism.
3.
Study or project group activity is effective and authorized teamwork. Unauthorized
help from another person or having someone else to write one’s paper or assignment is
collusion.
Cheating, plagiarism and collusion are serious offences resulting in an F grade and disciplinary
action
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