Sciences Po
Master of Public Affairs 2009-2010
Syllabus – Course in April-May 2010
YVES TIBERGHIEN
East Asian Political Economy in Transition:
Globalization, the Role of State, and Development Trajectories in
China, Japan, and Korea
Instructor:
Yves Tiberghien
Associate Professor
University of British Columbia, Dept of Political Science, Vancouver BC
Email: yvestibe@politics.ubc.ca
Personal Website: http://faculty.arts.ubc.ca/tiberg/
Office Hours: TBA (available every week)
Class Website (for lecture notes, links, resources, PDF readings):
http://www.politics.ubc.ca/tiberg/mpaAsia.htm
Class Schedule:
Thursdays or Fridays – 10h15-12h15 AND 12h30-14h30
April 22 (Thursday!), 23
May 6 (Thursday), 7, 14, 20 (Thursday)
Course Description:
What explains the extraordinary economic rise of East Asia (Japan, Korea and other
tigers, and now China)? What are the political economic institutions and dynamics that lie behind
this rise and how sustainable are they? What are the implications of the growing integration of
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China into the world economy?
This course offers both a theoretical and empirical review of trajectories and current
puzzles in East Asian political economy. It focuses primarily on Japan, Korea, and largely,
China. Theoretically, the course has two main objectives: first, it analyzes the different lenses on
the origins of the East Asian miracle and its various features and ups and downs. Second, it aims
at integrating the experience of East Asia into a larger comparative framework, mainly by
bringing the insights of the literature on comparative political economy (varieties of capitalism)
to the East Asian scene.
The course focuses on two main objectives. First, it aims at familiarizing students with
the main trends of East Asian political economy since the 1960s (for Japan and Korea) and since
the 1980s (for China). Second, it reviews the key theoretical debates in East Asian political
economy in a larger comparative setting (with Europe): the debates on the sources of
development, the relation between development and regime type (democracy or authoritarian
systems), and the impact of globalization on economic development.
The course includes most up-to-date insights on the ongoing transition in the Japanese
system and on the role of China in the global financial crisis.
Course Objectives:
By the end of this course, students will obtain both analytical tools to analyze any type of
political economic system and a strong empirical grounding in the current political economy of
Japan, Korea, and China.
The class will begin a theoretical review of types of capitalism and an overall comparison of the
East Asian and European processes and institutions. The subsequent empirical sections of the
course will enable students to be acquainted with the most up-to-date analyses of the trajectories
followed by the Japanese, Korean, and Chinese models. They will be able to draw comparisons
between them and will acquire useful empirical knowledge to operate within these systems.
In addition, students will be actively involved in the workshop through participation and debates
and will thus improve their analytical and presentation skills.
Course Requirements:
The course will operate as a combination of both lively lectures (with text available on the
website) complemented with occasional documentaries AND class discussion and debates.
Beginning with the third week, each class will start with a student-led presentation on the topic
and a first round of student-led discussion to unpack key issues in an interactive way. This
discussion will be followed by a lecture and further discussion.
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Readings are important to complement the lectures and material covered in class. You are
expected to finish the readings by the night before our class.
There are four assignments for this course.
Participation:
Given the interactive nature of this course (half lecture, half discussion), I give a lot of
importance to participation. I will moderate discussions to ensure that everyone has a chance to
participate. Participation grades will be given both on quantity and quality of interventions (but
mostly quality). I will encourage lively debates and confrontations of ideas.
Class Presentation (parts 3 to 6, May 6 to May 20):
Participants will be divided into four groups. Each group will be in charge of taking the lead for
the seminar in weeks 3 to 6. The group will open the seminar with a 10 to 15mn lively
presentation exposing the key questions of the given week and reviewing key approaches and
empirical results to answer these questions (based on the readings assigned for this week).
Participants will then put 1 or 2 questions to the class and will moderate the ensuing discussion.
This first part will not exceed 1 hour in total (presentation+ discussion). A common grade will be
assigned to the group members.
Small Paper (due on May 14, 4-6 pages, double-spaced):
For this first assignment, participants have a choice between writing a first think piece of 4-6
pages (questions given by instructor) or writing a literature review on any of the weeks covered
in the class. For think pieces, see details below. For a literature review, the paper should have the
following 3 components (with an introduction summarizing all 3):
presentation of the key research question of the week (and why it matters)
review of the arguments presented in each of the readings of the week +
strengths/weaknesses
presentation of a personal argument (which side are you taking)
Think Piece Paper (6-8 pages, double-spaced):
Think pieces have 2 major goals: first to develop a personal interpretation of IPE issues by
presenting your own argument and defending it in a few pages; second, to demonstrate your
mastery of the readings and facts presented in lectures. The questions are given by the instructor
(pick one from a choice of 5).
Your paper should be an essay. Specifically, the paper must do the following three things:
1. Present an analytical argument that is a clear answer to the question
2. Address some of the literature related to the question (possible answers)
3. Offer some compelling evidence to support your argument (taken from readings,
lectures, and class web links)
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Deadline: May 26 (by email).
Assessment and Grade Distribution:
Class Participation:
Class Presentation:
20%
10%
Short paper Due May 7 (4-6 pages)
Think Piece Paper Due on May 26 (6-8 pages):
20%
50%
Books and other material required:
The workshop classes are supplemented with a set of readings, including book chapters and
articles. These readings are available as PDF pieces on the class website.
Course Outline and Readings
The course is divided into the following 7 components.
Part 1 (April 22)
Overview – East Asian Trajectory, East Asian Miracle, and East Asian Puzzles
(including documentary)
A/ Visualizing the East Asian Miracle in Its Various Forms
World Bank Policy Research Report. 1993. The East Asian Miracle: Economic Growth and
Public Policy. Oxford: Oxford University Press. pp.1-49.
B/ The Debate on the Origins of the Miracle
Chaudhry, Kiren Aziz. “The Myth of the Market and the Common History of Late
Development”, Politics and Society, Vol 21:3, pp.245-274
"Culture and Society” pp.8-38 in Okimoto, Daniel and Thomas Rohleen, ed. Inside the Japanese
System: Readings on Contemporary Society and Political Economy. Stanford: Stanford
University Press
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Okimoto, Daniel. “Government Institutions and Policy Making,” in D. Okimoto
& T. Rohlen, eds., Inside the Japanese System, pp.171-182.
Johnson, Chalmers. 1982. MITI and the Japanese Miracle. Excerpt pp 215-220 in Okimoto,
Daniel and Thomas Rohleen, ed. Inside the Japanese System: Readings on Contemporary Society
and Political Economy. Stanford: Stanford University Press
Part 2 (April 23)
Theoretical Framework:
A/ Asian Capitalism in Comparative Perspective (Europe) – Types of Capitalism and
References for Japan, Korea, Taiwan
Albert, Michel.1991. Capitalisme Contre Capitalisme. Paris: Editions du Seuil. Chapters 1 and
6.
Hall, Peter and David Soskice, eds. 2001. Varieties of Capitalism: The Institutional Foundations
of Comparative Advantage. Oxford: Oxford University Press. Chapter 1 (skim the middle part).
B/ New Thinking on Development (for China and developing economies)
Stiglitz, Joseph. 2002. Globalization and Its Discontents. New York and London: Norton Press.
Chapter 3 (“Freedom to Choose”)
Part 3 (May 6)
The Japanese Puzzle: from Miracle to Bust
A/ The Bubble:
Tiberghien, Yves. 2005. “Navigating the Path of Least Resistance: Financial Deregulation and
the Origins of the Japanese Crisis”. Journal of East Asian Studies, Vol 5, No. 3 (Sept-Dec).
B/ The Crisis:
Amyx, Jennifer. 2004. “The Banking Crisis in Japan: Policy Paralysis in the Network State”.
Unpublished Manuscript.
Leonard Schoppa. 2001. “Japan, the Reluctant Reformer”, pp. 76-90 in Foreign Affairs,
September/October
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C/ The Reform Process:
Katz, Richard. 2003. Japanese Phoenix: the Long Road to Economic Revival. Armonk, New
York and London, England: M.E. Sharpe. Chapter 1
Tiberghien, Yves, 2007. Entrepreneurial States; Reforming Corporate Governance in France,
Japan, and Korea. Ithaca: Cornell University Press. [Chapter 4]
Optional Readings:
Amyx, Jennifer Ann. 2004. Japan's financial crisis : Institutional rigidity and reluctant change.
Princeton, N.J.: Princeton University Press.
Toya, Tetsuro. 2005. Big Bang. Cambridge University Press
Vogel, Steven K. 2006. Japan remodeled: How government and industry are reforming japanese
capitalism. Ithaca, NY: Cornell University Press.
Katz, Richard. 1998. Japan: the System that Soured. New York: M.E. Sharpe
Katz, Richard. 2003. Japanese Phoenix: the Long Road to Economic Revival. Armonkm, New
York and London, England: M.E. Sharpe
Lincoln, Edward. 2001. Arthritic Japan: the Slow Pace of Economic Reform, 2001. Washington
DC: The Brookings Institution
Mulgan, Aurelia George. 2002. Japan’s Failed Revolution: Koizumi and the Politics of
Economic Reforms.Canberra: Asia Pacific Press
Pempel, T.J. 1998. Regime Shift. Ithaca: Cornell University Press
Posen, Adam. 1998. Restoring Japan’s Economic Growth. Washington DC: Institute for
International Economics
Rosenbluth, Frances and Ross Schaap. 2003. “The Domestic Politics of Banking Regulation”.
International Organization 57:2 (Spring): 307-336
Rosenbluth, Frances. 1989. Financial Politics in Contemporary Japan. Cornell: Cornell
University Press
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Part 4 (May 7)
Korea and South East Asian – Analysis of the East Asian Crisis of 1997 and Recovery
• Morris Goldstein. 1998. The Asian Financial Crisis: Causes, Cures, and Systemic Implications.
Washingon, DC: Institute for International Economics. Pp 1-5
Pempel, T.J. ed. 1999. The Politics of the Asian Economic Crisis. Ithaca: Cornell University
Press, Introduction (Pempel) and Chapter 1 (Cummings)
• Stephen Haggard, Stephen. 2000. The Political Economy of the Asian Financial Crisis.
Washington: Institute for International Economics
- read Chapter 1: pp.1-14
• Joseph Stiglitz. 2000. “What I learnt at the World Economic Crisis: the Insider”. The New
Republic. April 17
http://www.mindfully.org/WTO/Joseph-Stiglitz-IMF17apr00.htm
References:
• Web page with chronology, key facts, key articles:
http://www.pbs.org/wgbh/pages/frontline/shows/crash/
Nouriel Roubini, Anatomy of a Financial Meltdown, Feb 2008
http://www.project-syndicate.org/commentary/roubini4
Part 5 (May 14)
China’s Takeoff – analysis of key reforms and hybrid political economy, 1979-2000
Lieberthal, Kenneth. 2004. Governing China. Chap 8, pp. 243-272.
Brandt, Loren, and Rawski, Thomas. 2008. “China’s Great Economic Transformation”, pp 1-26
in Brandt, Loren and Thomas Rawski, ed. China’s Great Economic Transformation. Cambridge:
Cambridge University Press.
OPTIONAL:
Cai, Yongshun. 2002. “The Resistance of Chinese Laid-off Workers in the Reform Period,”
China Quarterly, no. 170 (2002), pp. 45-62.
Part 6 (May 20)
China in the World Economy after 2000: WTO, SOE reforms, the rise of China as financial
super power, China vs Globalization, China vs G20 and the global financial crisis
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The Economist. December 11, 2008. “China’s Reforms: the Second Long March.”
Branstetter, Lee and Nicholas Lardy. 2008. “China’s Embrace of Globalization,” pp. 633-682 in
Brandt, Loren and Thomas Rawski, ed. China’s Great Economic Transformation. Cambridge:
Cambridge University Press.
Jacques, Martin. 2009. When China Rules the World: the Rise of the Middle Kingdom and the
End of the Western World.
- Ch. 1. "The Changing of the Guard."
- Ch. 11. "When China Rules the World."
RECENT UPDATES – SHORT READINGS ON BIG AND CONTROVERSIAL ISSUES:
• Elizabeth C. Economy and Adam Segal. May/June 2009. Foreign Affairs. “The G-2 Mirage.”
• Yang Yao. 2010 (February). Foreign Affairs. “The End of the Beijing Consensus.”
• Brzezinksi, Zbigniew and Mearsheimer, John J. 2005 Foreign Policy. “A Clash of Titans?”
Jan/Feb2005 Issue 146, p46-46,
• A few updates on China in 2009-2010, including role in the G20, to be sent over email.
Recommended:
Dickson, Bruce. 2008. Wealth Into Power: The Communist Party’s Embrace of China’s Private
Sector. Cambridge UP.
Chapter 1 (part – 18-31): “Introduction.”
Chapter 2 (32-65) “the Party’s Promotion of the Private Sector.”
Additional Readings (Optional):
• Gallagher, M. E. (2005). Contagious capitalism : globalization and the politics of labor in
China. Princeton, NJ: Princeton University Press.
• Huang, Y. (2003). Selling China : foreign direct investment during the reform era. New York:
Cambridge University Press.
• Lardy: ''Integrating China into the Global Economy'' (especially ch 4, implications of China's
entry and ch 5 : China, the World Economy and US Policy)
• Yang, D. L. (2004). Remaking the Chinese leviathan : market transition and the politics of
governance in China. Stanford, Calif.: Stanford University Press.
• Shih, Victor. 2008. Factions and Finance in China: Elite Conflicts and Inflation. Cambridge
UP
• Tsai, K. S. (2002). Back-alley banking : private entrepreneurs in China. Ithaca: Cornell
University Press.
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• Tsai, K. S. (2007). Capitalism without democracy : the private sector in contemporary China.
Ithaca: Cornell University Press.
• Oi, J. (2005). Patterns of Corporate Restructuring in China: Political Constraints on
Privatization. China Journal, 53, 115-136.
• Steinfeld. 2002. Forging Reform in China. Cambridge UP
• Arrighi. Adam Smith in Beijing. 2008 (Excerpt)
• Leonard, Mark. 2008. What does China think? (Excerpt)
Part 7 (May 21- last hour)
Synthesis and Larger Discussion
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Winter 2010- Science Po-MPA
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EAST ASIAN POLITICAL ECONOMY (Prof. Yves Tiberghien)
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