POLITICAL SCIENCE
AMERICAN UNIVERSITY IN CAIRO
PS5225: IPE AND CHANGE
SPRING 2014
Lecturer: Javed Maswood
Seminar Time: Sunday 5pm
Email: javedmaswood@aucegypt.edu
Office: HUSS 2021
Objectives: This course examines selected theories and topics in the feld of international
political economy. It explores the relationship between political and economic structures in the
international system, the debates over competing perspectives, and the operation of key
institutions in the international system. An important element of the seminar is to relate issues of
IPE to political change within states and societies.
Course Structure and Requirements: The course is designed to enhance your analytical skills
and grasp of key issues. It is organized around weekly seminars and active participation and
discussion. Attendance is required. Everyone will make at least one seminar presentation and
lead discussion. Presentations will begin in week three. Presenters should prepare a one page
summary and topics for discussion, The primary requirement is a research paper, about 5000
words in length. It must be structured around a central hypothesis and the objective of the paper
is to test the validity of working hypothesis, with evidence and deductive reasoning. The essay
must be fully referenced with bibliography.
Assessment: The assessment schedule is as follows:
Research Essay:
40 per cent
Seminar Participation:
10 per cent
Seminar Presentation:
20 per cent
Take-home Examination:
30 per cent
Seminar Topics and Readings:
Week 1: Introduction to International Political Economy
Murphy and Nelson (2001), ‘International Political Economy: A Tale of Two
Heterodoxies’, in British Journal of Politics and International Relations, Vol. 3, No. 3,
October, pp. 393-412
Lipschutz, R.D. (2001), ‘Because People Matter: Studying Global Political Economy’, in
International Studies Perspectives, Vol. 2, pp. 321-339
Burnham, P. (2001), ‘Marx, International Political Economy and Globalization’, in
Capital & Class, No. 75
Weeks 2 & 3: Conceptualizing Globalization
Held, D. and Anthony McGrew (eds) (2000), The Global Transformation Reader, Polity
Press, pp. 1-45 and 47-103
Hardt, M. and Antonio Negri (2000), Empire, Harvard University Press, preface and Part
4
Landau, A. (2001), Redrawing the Global Economy, Palgrave, chapter 2
Huysmans, J. (1995), ‘Post-Cold War Implosion and Globalization: Liberalism Running
Past Itself’, Millennium: Journal of International Studies, Vol. 24, No. 3
Held and McGrew (2000), Chapters 11, 12 and 16
Week 4: Global Trade and Global Markets
Landau, A. (2001), Chapters 4 and 5
Morissey, G. (2001), Investment and Competition Policy in the WTO: Issues for
Developing Countries’, Development Policy Review, Vol. 20, No. 1
Lowenfeld. A.F. (2002), International Economic Law, Oxford University Press, pp. 68131
Week 5: Global Finance
Gilpin, R., Politics of International Economic Relations.
Gilpin, R., Global Political Economy, chapter 9.
Week 6: Financial Crises: From Sovereign Debt to Housing Bubbles
Gilpin, R. (2000), The Challenge of Global Capitalism, Princeton University Press, NJ.
Chapter 5
Posner, R. (2010), The Crisis of capitalist Democracy, Harvard University Press,
Cambridge, pp. 165ff.
Fratianni et al. (2001), Governing Global Finance: New Challenges and IMF
Contributions, Ashgate, Chapters 6.7 and 8
Deeg, R. and Mary A O’Sullivan ‘The Political Economy of Global Finance Capital’
World Politics, Vol. 61, N0. 4, October 2009.
Week 7: The Political Economy of Transition: Russia and Eastern Europe
Lukin A.V. (2000), ‘The Transitional Period in Russia’ in Russian Social Science Review,
Vol. 41, No. 4
Lane, D. (2007), The Transformation of State Socialism
Week 8: The Political Economy of Transition: China
Gao, S. (1996), China’s Economic Reform, Macmillan, Chapters 1 and 2
Green, S. and Guy S. Liu (2005), Exit the Dragon: Privatization and State Control in
China, Blackwell Publishers, Chapter by S. Green.
Week 9: New Industrializing Countries
Stubbs, R. (2005), Rethinking Asia’s Economic Miracle, Chapter 1
Cow, P. (2002), Taiwan in the Global Economy, Chapters by Gustav Ranis and by
Amsden and Chu
Week 10: Challenges of Integration and Marginalization; The North-South Gap
Robin and Landhi (1996), ‘Whither the North-South Gap?’, Third World Quarterly, Vol.
17, No. 1
Henry and Springborg (2001), Globalization and the Politics of Development in the
Middle East, Cambridge University Press.
Week 11: Globalization and Development: Reshaping the Development Thinking
Taylor, C. (2002), ‘Modern Social Imagineries’, in Political Culture, Vol. 14, No. 1
Stiglitz, J. (1998), ‘Towards a New Paradigm for Development’, Prebisch Lecture at
UNCTAD, Geneva, October 19
Maswood, S. J. (2013), Trade, Development and Globalization, Routledge.
Week 12 and 13: Essay Presentations