Aida A. Hozic Associate Professor Department of Political Science University of Florida 331 Anderson hozic@ufl.edu 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 810 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+; 7476 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-generalregulations.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 15th18th Century, Volume 1, Harper & Row 1981. Chapter 1: Weight of Numbers, pp. 31103 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 17501914” 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 BuyerDriven 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.