Global Political Economy
Political Science 774
(C01-X)
Fall Term 2012
Course Instructor:
Richard Stubbs (KTH511)
Office Hours: Tuesday 11.30am -12.30pm.
Or by appointment
Tel: ext 23890
E-mail: stubbsr@mcmaster.ca
This course provides students with a graduate level introduction to Global Political Economy. It
examines approaches to the study of global political economy, the evolution of the global
political economy, and the interaction between the world’s economic structures and its political
institutions. The course focuses upon several key issues including: the globalization of national
political economies; changes in how we understand the global political economy; and
implications for peoples, states and corporations.
Learning objectives: Following completion of the course students should be able to answer
convincingly questions such as:

What are the strengths and weaknesses of the main approaches to understanding global
political economy?

What has been the historical evolution of the global economy?

What role do state and non-state actors play in the GPE?

How is the GPE governed?

What are the major developments in the GPE since 1945?
Seminars: Teaching takes place in a seminar format. For the first three weeks the seminar will
begin with a short presentation by the instructor. Starting in week 4 each student will give one
presentation and will be a discussant for one seminar. Each seminar will begin with a student
presentation (or two, depending upon numbers) and the comments of another student as a
discussant. The presentation will be based upon a draft of a written paper. (However, it will be
presented, not read). The student giving the presentation must give the discussant an advance (2
days) copy of the draft paper and place one copy of the paper in the course folder in the
photocopy room on by mid-day on the day before the presentation. The presentation should be
between 10 and 15 minutes long. The presentation should NOT be a summary of the
readings - it should highlight key issues associated with the topic for the week and
articulate an argument around those issues. The discussant should offer a critique of the
paper, stressing positive and negative aspects and laying out a series of questions for class
discussion.
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Textbooks: The textbook that will be used is:
Robert O’Brien and Marc Williams, Global Political Economy: Evolution and Dynamics 3rd
Edition (New York: Palgrave 2010).
Evaluation: Final grades will be composed of the following parts:
Participation
30%
Revised Seminar/Term paper 30%
Take Home Exam
40%
The participation grade covers seminar participation (25%), and acting as seminar paper
discussant (5%).
The revised seminar/term paper grade 25% will be for the revised seminar/term paper (based on
the presentation) handed in on or before November 27th (ie the last class). The mark will reflect
the quality of the work, as well as the degree to which you were able to incorporate comments
from the seminar discussion and other sources as required. The paper should be no longer than
4,000 words, excluding bibliography. In addition, 5% will be assigned for the seminar
presentation.
The take home exam, worth 40%, will be distributed in the first week after the end of classes.
Students will be required to answer 2 questions and use no more than 1,000 for each question.
Academic dishonesty consists of misrepresentation by deception or by other fraudulent means
and can result in serious consequences, e.g. the grade of zero on an assignment, loss of credit
with a notation on the transcript (notation reads: ‘Grade of F assigned for academic dishonesty’),
and/or suspension or expulsion from the university.
It is your responsibility to understand what constitutes academic dishonesty. For information on
the various kinds of academic dishonesty please refer to the Academic Integrity Policy,
specifically Appendix 3, located at http://www.mcmaster.ca/senate/academic/ac_integrity.htm
The following illustrates only three forms of academic dishonesty:
1. Plagiarism, e.g. the submission of work that is not one's own or for which other credit has
been obtained.
2. Improper collaboration in group work.
3. Copying or using unauthorised aids in tests and examinations.
Special Arrangements: Special Arrangements may be made for students with disabilities. If
you need assistance, please contact the Course Instructor as soon as possible.
Late Penalty: Late papers and other marked assignments will be penalised at the rate of three (3)
percent of the grade for that assignment per day, including weekend days, except in the most
extenuating of circumstances.
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E-mail communication: If you wish to communicate with me about an important issue you may
do so using your McMaster e-mail account. But please note that I receive a large volume of email in any given day and may miss your message or delete it in error. You may ring me at home
or at the office in an emergency. If you submit an assignment by e-mail please make sure that
you place a hard copy in my mail box in the Political Science Main Office within 4 days
following the e-mail submission.
Seminar Topics
Week
Date
Topic
Week 1
11 Sept.
Introduction to Course, Preliminary Discussion
Week 2
18 Sept.
GPE: The Field, History and Orthodox Approaches
Week 3
25 Sept.
GPE: Growth of the Discipline and Contending Perspectives
Week 4
2 Oct.
Trade
Week 5
9 Oct.
Production
Week 6
16 Oct.
Finance
Week 7
23 Oct
Labour
Introduction
Core Structures
Issues and Institutions
Week 8
30 Oct
The State, Varieties of Capitalism and Development
Week 9
6 Nov
The Environment, Energy and Agriculture
Week 10
13 Nov.
Traditional/Human Security and the Global Economy
Week 11
20 Nov.
Governing the Global Economy
Week 12
27 Nov.
Conclusion
The readings for each week are set out below. Please note that the reading list is a ‘living
document’ and new readings may be assigned should interesting pieces be published or
otherwise come to my attention during the Fall Term. You should read all the ‘Required
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Readings’ and some of the ‘Suggested Readings’. The ‘Suggested Readings’ are also to help
those of you who are presenting on a particular topic. They are also designed to help you look
further afield for any additional readings you may want to use in your presentations and papers.
Week 1: Introduction
Our task this week is to orient ourselves to the course and begin the discussion of the
global political economy. The reading list will be distributed and a brief overview of the course
will be given. Any questions about the course will be answered.
Week 2: The Field, History and Orthodox Approaches
This week we will consider what it means to talk about the field of international or global
political economy. How has it developed over the centuries? What are the different orthodox
approaches of the field of study? What are the advantages of taking one approach over another?
Seminar Question:
What is global political economy?
Required readings:
O’Brien and Williams, Global Political Economy, Chapters 1, 3, 4 and 5.
Robert Gilpin, ‘Three Models of the Future’, International Organization 29 (No.1 Winter) 1975,
37-60.
Suggested Readings:
John Hobson, (2011) ‘A Non-Eurocentric Global History of Asia’ in M. Beeson and R. Stubbs,
eds, Handbook of Asian Regionalism (London Routledge), Chapter 4. (GD)
Krasner, Stephen D., ‘International Political Economy: Abiding Discord’, RIPE, Spring 1994,
1(1): 13-21. and Strange, Susan, ‘Wake up Krasner! The World has Changed’ RIPE, Summer
1994, 1(2): 209-219.
Jeffry Frieden and Lisa L. Martin, “International Political Economy: Global and Domestic
Interactions,” in Ira Katznelson and Helen Milner eds., Political Science: the State of the
Discipline (New York:WW Norton, 2003), 118-146.
http://scholar.harvard.edu/jfrieden/files/stateofdiscipline.pdf
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Week 3: Growth of the Discipline and Contending Perspectives
This week we discuss the strengths and weaknesses of the increasingly diverging theoretical
approaches to GPE.
Seminar Questions: Is there one perspective or combination of theories/approaches/perspectives
that you prefer?
Required Readings:
O’Brien and Williams, Chapter 2.
Benjamin J. Cohen (2007) ‘Comment: The Transatlantic Divide: Why are American and British
IPE so Different?’ Review of International Political Economy 14 (2, May): 197-219
Suggested Readings:
Amin, A. and Ronen Palan, (2001) ‘Towards a Non-rationalist International Political Economy’,
Review of International Political Economy 8 (4): 559-77.
Hobson, John M. and Leonard Seabrooke (2007) “Everyday IPE: Revealing Everyday Forms of
Change in the World Economy,” in John M. Hobson and Leonard Seabrooke, eds., Everyday
Politics of the World Economy (Cambridge: Cambridge University Press): 1-23. (D)
Peterson, Spike V. (2005) ‘How (the meaning of) gender matters in political economy,’ New
Political Economy 10(4):499-521.
Hoskyns, Catherine and Shirin M. Rai (2007) ‘Recasting the Global Political Economy:
Counting Women's Unpaid Work’, New Political Economy, 12 (3): 297-317
Marieke de Goede (2003) ‘Beyond Economism in IPE,’ Review of International Studies 29 (1,
January): 79-97.
Georgina Walen, (2006) ‘You still don’t understand: why troubled engagements continue
between feminists and (critical) IPE’, Review of International Studies 32: 145-64.
Bedford, Kate and Shirin M. Rai (2010) “Feminist Theorize International Political Economy”
Signs: Journal of Women in Culture and Society 36(1), pp. 1-18, and other articles in this
special issue on “Feminists Theorize International Political Economy”.
Griffin, Penny (2007) ‘Refashioning IPE: What and how gender analysis teaches international
(global) political economy’, Review of International Political Economy 14 (4): 719-736.
Harmes, Adam (forthcoming) ‘The Rise of Neoliberal Nationalism’, Review of International
Political Economy http://dx.doi.org/10.1080/09692290.2010.507132
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Overbeek, Henk (2000) “Transnational Historical Materialism: Theories of Transnational Class
Formation and World Order”, in Ronen Palan, ed. Global Political Economy: Contemporary
Theories (London: Routledge): 168-83. (D)
Abdelal, Rawi (2009) “Constructivism as an Approach to International Political Economy,” in
Mark Blyth, ed. (2009) Routledge Handbook of International Political Economy: IPE as a
Global Conversation (London: Routledge), pp. 62-76 or Abdelal, Rawi, Mark Blyth and
Craig Parsons (2010). "Constructing the International Economy." Introduction to
Constructing the International Economy, edited by Rawi Abdelal, Mark Blyth and Craig
Parsons, 1-19 (Ithaca, N.Y.: Cornell University Press). (D)
Cooley, Alexander (2003) “Thinking Rationally about Hierarchy and Global Governance,”
Review of International Political Economy, 10(4), November, pp. 672-84.
Keohane, Robert O. (2009) “The old IPE and the new,” Review of International Political
Economy, 16(1): 34 – 46
Ravenhill, John. (2008) ‘In Search of the Missing Middle’, Review of International Political
Economy, 15(1): 18–29.
Underhill, Geoffrey R.D. (2009) “Political Economy, the 'US School', and the Manifest Destiny
of Everyone Else,” New Political Economy, 14(3), 347-56.
Cohen, Benjamin, (2009) ‘The Way Forward’, New Political Economy, 14 (3): 395 – 400
See more generally the Review of International Political Economy 16 (1) 2009; and New
Political Economy 14(3) 2009 for special issues on the Cohen-inspired debate over American
versus British versions of IPE.
(See these readings again for Week 12: Conclusion).
Week 4: Trade
This week we discuss different perspectives on trade as well as international institutions dealing
with trade, especially the World Trade Organization.
Seminar Question: What are the most significant developments in international trade in the post
1945 era? Why have they occurred?
Required Readings:
O’Brien and Williams, Chapter 6.
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Milner, Helen V. (2005) ‘Why the Move to Free Trade? Democracy and Trade Policy in the
Developing Countries’, International Organization 59 (1): 107-143.
Suggested Readings:
Jens L. Mortensen (2012) ‘Seeing Like the WTO: Numbers, Frames and Trade
Law’, New Political Economy, 17 (1): 77-95.
Ehrlich, Sean D. (2007) ‘Access to Protection: Domestic Institutions and Trade Policy in
Democracies’, International Organization 61 (3): 571-605.
Wilkinson, Rorden (2005) “The World Trade Organization and the Regulation of International
Trade” in Dominic Kelly and Wyn Grant, eds., The Politics of International Trade in the
Twenty-First Century, (Basingstoke: Palgrave), pp. 13-30. (D)
Medrano, Juan Diez and Michael Braun (forthcoming) ‘Uninformed Citizens and Support for
Free Trade’, Review of International Political Economy,
http://dx.doi.org/10.1080/09692290.2011.561127
Haftel, Yoram Z. (2010) review of Emilie M. Hafner-Burton. 2009. ‘Forced to be Good: Why
Trade Agreements Boost Human Rights’, Review of International Organization 5: 97-100.
Mortensen, Jens Ladefoged (2006) “The WTO and the Governance of Globalization:
Dismantling the Compromise of Embedded Liberalism?” in Richard Stubbs and Geoffrey
R.D. Underhill, eds. Political Economy and the Changing Global Order (Don Mills: Oxford),
pp. 170-82.
Sell, Susan K. (2006)’ Big Business the WTO and Development: Uruguay and Beyond’ in
Richard Stubbs and Geoffrey R.D. Underhill, eds. Political Economy and the Changing
Global Order (Don Mills: Oxford), pp. 183-97. (D)
Archer, Candace and Stefan Fritsch (2010) ‘Global Fair Trade: Humanizing Globalization and
Reintroducing the Normative to International Political Economy’, Review of International
Political Economy 17 (1): 103-128.
Wade, Robert Hunter (2003) What Strategies are Viable for Developing Countries Today? The
World Trade Organization and the Shrinking of “Development Space”’, Review of
International Political Economy 10 (4): 621-44.
Pelc, Krzysztof J. (2010) “Constraining Coercion? Legitimacy and its Role in US Trade Policy,
1975-2000” International Organization 64 91): 65-96. (D)
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Week 5: Production
The manner in which production is organized has important implications for workers,
firms and states. Focusing on the 20th Century we will survey the evolution of transnational
corporations and the organization of work and explore some of its implications. Students should
familiarise themselves with theories that attempt to explain the growth of transnational
production and the implications of such growth.
Seminar Question:
What are the explanations for, and consequences of, changes in global
production over the past 50 years?
Required readings:
O’Brien and Williams, Chapter 7.
Henderson, Jeffrey, Peter Dicken, Martin Hess, Neil Coe and Henry Wai-Chung Yeung (2002)
‘Global Production Networks and the Analysis of Economic Development’, Review of
International Political Economy 9 (3): 436-464.
Suggested readings:
Gereffi, Gary, John Humphrey, and Timothy Sturgeon. (2005). ‘The Governance of Global
Value Chains’, Review of International Political Economy 12 (1):78-104
Prakash, Aseem, (2002), ‘Beyond Seattle: Globalization, the Non-Market Environment, and
Corporate Strategy’ in Review of International Political Economy 9 (3): 513-537.
Bair, Jennifer (2010) “On Difference and Capital: Gender and the Globalization of Production”
in Signs: Journal of Women in Culture and Society 36 (1): 203-26. (D)
Rugamn, Alan M. and Alain Verbeke (2006) ‘Liabilities of regional foreignness and the use of
firm level and country level data: A response to Dunning et al. (2006)’, Kelly School of
business, Indiana University,
http://www.bus.indiana.edu/riharbau/RePEc/iuk/wpaper/bepp2006-17-rugman-verbeke.pdf.
Bernard, Mitchell (2000) ‘Post-Fordism and Global Restructuring’ in R. Stubbs and G.R.D.
Underhill, eds, Political Economy and the Changing Global Order (Toronto, Oxford:
Oxford University Press): 152-162.
Carney, Michael (2012) ‘What is Driving the Internationalization of Asia’s Business Groups?’ in
Mark Beeson and Richard Stubbs, eds, The Routledge Handbook of Asian Regionalism
(London: Routledge). (GD)
Andreff, Wladimir (2009) ‘Outsourcing in the New Strategy of Multinational Corporations:
Foreign Investment, International Subcontracting and Production Relocation’, Papeles de
Europa 18: 5-34.
http://www.ucm.es/BUCM/revistas/cee/19895917/articulos/PADE0909110005A.PDF
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Ietto-Gillies, Grazia (2007) ‘Theories of International Production: A Critical Perspective’,
Critical Perspectives on International Business 3 (3): 196-210.
Ernst, Dieter (2009) A New Geography of Knowledge in the Electronic Industry? Asia’s Role in
Global Innovation Networks, Policy Studies 54, East West Center, Honolulu, Hawaii.
http://www.eastwestcenter.org/fileadmin/stored/pdfs/ps054_2.pdf
Week 6: Finance
This week we discuss the globalization of finance, the politics of money, and the IMF.
Seminar Question: What important issues are generated by global financial integration? What
does the future have in store for the main global currencies?
Required Readings:
O’Brien and Williams: Chapter 8
Tony Porter, “Debates and Controversies in the Conceptualization of Global Finance’ and “The
Emerging Regime for Regulating Global Finance’ Globalization and Finance (Cambridge:
Polity) 12-45. (D)
Suggested Readings:
Helleiner, Eric, at al, (2009) ‘Special Forum: Crisis and the Future of Global Financial
Governance,’ Global Governance 15: 1-28, (includes four short articles by Helleiner, Tony
Porter, Layna Mosley, and David Andrew Singer). (D)
Pauly, Louis (2009) ‘The Old and the New Politics of International Financial Stability’, Journal
of Common Market Studies 47 (5): 955-975.
http://webapp.mcis.utoronto.ca/resources/pdf/Pauly%20JCMS.pdf
McNamara, Kathleen R. (2008) “A Rivalry in the Making? The Euro and International Monetary
Power,” Review of International Political Economy 15(3), pp. 439-59. (D)
Moschella, Manuela (2009) 'When ideas fail to influence policy outcomes: Orderly liberalization
and the International Monetary Fund', Review of International Political Economy, 16(5), 85482.
Copelovitch, Mark S. (2010) “Master or Servant? Common Agency and the Political Economy
of IMF Lending: International Studies Quarterly 54, pp. 49-77.
Bello, Walden and Shalmali Guttal (2005) “Crisis of Credibility: The Declining Power of the
International Monetary Fund,” Multinational Monitor, 26(7/8) Jul/Aug, pg. 19-22.
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Kahler, Miles, (2006) “Internal Governance and IMF Performance” in Edwin M. Truman, ed.,
Reforming the IMF for the 21st Century Special Report 19, April, (Washington: Institute for
International Economics), pp. 257-270, available at http://www.iie.com.
Gowan, Peter (2009) ‘Crisis in the Heartland: Consequences of the New Wall Street System’,
New Left Review 55.
Chin, Gregory and Eric Helleiner (2008) ‘China as a Creditor: A Rising Financial Power?’,
Journal of International Affairs 62 (1): 87-102.
Sinclair, Timothy J. (2011) ‘Stay on target! Implications of the global financial crisis for Asian
capital markets’, Contemporary Politics, 17 (2): 119-131
Helleiner, Eric (2008) ‘Political determinants of international currencies: What future for the US
dollar?’, Review of International Political Economy, 15 (3): 354-378.
Bowles, Paul and Baotai Wang (2008) ‘The Rocky Road Ahead: China, the US and the Future of
the Dollar’, Review of International Political Economy, 15 (3): 335-353.
Helleiner, Eric and Stefano Pagliari (2011) ‘The End of an Era in International Financial
Regulation? A Postcrisis Research Agenda’, International Organization, 65 (Winter): 169200. (D)
Week 7: Labour and Migration in the Global Political Economy
Many versions of IPE concentrate on states and corporations. This week we look at the
role of labour as a way of balancing this concentration on power and capital. We will also take a
look at that role of companion issue of migration in the global political economy.
Seminar Question:
What can we learn from analysing labour and migration that helps us to
better understand the global political economy?
Required Readings:
O’Brien and Williams, Chapters 8 and 9.
Safri, Maliha and Julie Graham (2010) “The Global Household: Toward a Feminist Postcapitalist
Political Economy” in Signs: Journal of Women in Culture and Society 36(1), pp. 99-125. (D)
Andreas Bieler (2011): Labour, New Social Movements and the Resistance to Neoliberal
Restructuring in Europe, New Political Economy, 16:2, 163-183.
Suggested Readings:
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Eversole, Robyn (2008) ‘Development in motion: what to think about migration?’, Development
in Practice, 18 (1): 94-99.
Watson, Alison M.S. (2004) ‘Seen but not heard: the role of the child in international political
economy’, New Political Economy, 9 (1): 3-21.
Phillips, Nicola (2009) ‘Migration as development strategy? The new political economy of
dispossession and inequality in the Americas’, Review of International Political Economy, 16
(2): 231-259.
O’Brien, Robert (2005) ‘The Transnational Relations Debate,’ in Nicola Phillips ed. Globalizing
International Political Economy (Palgrave: New York), 165-192.
Chowdhry, Geeta (2006) ‘Post-Colonial Readings of Child Labour in a Globalized Economy’ in
Richard Stubbs and Geoffrey R.D. Underhill, eds, Political Economy and the Changing
Global Order (Toronto, Oxford: Oxford University Press): 232-245.
Fransen, Luc and Brian Burgoon (forthcoming) ‘A market for worker rights: explaining business
support for international private labour regulation’, Review of International Political
Economy, DOI:10.1080/09692290.2011.552788.
Friman, H. Richard (2004) ‘The great escape? Globalization, immigrant entrepreneurship and the
criminal economy’, Review of International Political Economy, 11 (1): 98-131.
Kong Tat Yan (2005) ‘Labour and globalization: locating the Northeast Asian newly
industrializing Countries’, Review of International Political Economy, 13 (1): 103-128.
Kneebone, Susan (2010) ‘The Governance of Labor Migration in Southeast Asia’ Global
Governance 16 (3) July-September.
Week 8: The State, Varieties of Capitalism and Development
There are clear differences among national political economies and paths to economic
development. The ways in which these differences have come about and the pressures for change
that are being brought to bear on these different forms of capitalism will be examined in this
week’s seminar.
Seminar Question:
What explains the different forms of capitalism and are they likely to
converge on one model in the near future?
Required readings:
O’Brien and Williams, Chapter 11.
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Jackson, Gregory and Richard Deeg (2008) ‘From comparing capitalisms to the politics of
institutional change’, Review of International Political Economy, 15 (4): 680-709.
Caroline Thomas, ‘Globalization and Development in the South,’ in John Ravenhill, ed. Global
Political Economy (Oxford: Oxford University Press 2005), 317-343. (D)
Suggested Readings:
Taylor, Matthew M. (2008) “Development Economics in the Wake of the Washington
Consensus: From Smith to Smithereens?” International Political Science Review 29(5) pp.
543-56.
Headey, Derek (2009) “Appraising a post-Washington paradigm: What Professor Rodrik means
by policy reform,” Review of International Political Economy, 16(4): 698-728.
Crouch, Colin (2005) ‘Models of capitalism’, New Political Economy, 10 (4): 439-456
John Mikler & Neil E. Harrison (forthcoming) ‘Varieties of Capitalism and Technological
Innovation for Climate Change Mitigation’, New Political Economy,
DOI:10.1080/13563467.2011.552106
Stubbs, Richard (2011) ‘The East Asian developmental state and the Great Recession: evolving
contesting coalitions’, Contemporary Politics, 17 (2): 151-166.
Henderson, Jeffrey (2008) ‘China and global development: towards a Global-Asian Era?’,
Contemporary Politics, 14 (4), 375-392.
Farrell, Henry and Abraham L. Newman (2010) ‘Making global markets: Historical
institutionalism in international political economy’, Review of International Political
Economy, 17 (4): 609-638.
Mattli, Walter and Ngaire Woods (2009) “In Whose Benefit? Explaining Regulatory Change in
World Politics”, in Walter Mattli and Ngaire Woods, eds., The Politics of Global Regulation
(Princeton: Princeton University Press), pp. 1-43. (D)
Zein-Elabdin (2009) “Economics, Postcolonial Theory, and the Problem of Culture: Institutional
Analysis and Hybridity” Cambridge Journal of Economics 33, pp. 1153-67.
Levi-Faur. David. 2005. “The Global Diffusion of Regulatory Capitalism.” The Annals of the
American Academy of Political and Social Science 2005; 598; 12-32 (D)
Levi-Faur, David. 2008. “Foreword,” in John Braithwaite. Regulatory Capitalism: How it Works,
Ideas for Making it Better. Cheltenham: Elgar, pp. vii-x (D)
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Peter A. Hall and David Soskice (2001) ‘An Introduction to Varieties of Capitalism’ in Hall and
Soskice, eds, Varieties of Capitalism: The Institutional Foundations of Comparative
Advantage (Oxford: Oxford University Press).
Herbert Kitschelt, Peter Lange, Gary Marks, and John D. Stephens (1999), ‘Convergence and
Divergence in Advanced Capitalist Economies’ in Kitschelt, Lange, Marks and Stephens, eds,
Continuity and Change in Contemporary Capitalism (Cambridge: Cambridge University
Press).
Darryl S. L. Jarvis (2012) ‘The Regulatory State in Developing Countries: Can It Exist and Do
We Want It? The Case of the Indonesian Power Sector’, Journal of Contemporary Asia 42
(3): 469-492.
Week 9: The Environment, Energy and Agriculture
The environment and the associated issues of energy and agriculture are becoming increasingly
important topics with which analysts of the global political economy are only just coming to
grips. We will look at how these issues are intertwined and the impact they have on the wider
global political economy.
Seminar Question: What challenges for the global political economy are posed by the issues
associated with the environment, energy and agriculture?
Required Readings:
O’Brien and Williams, Chapter 12
Clapp, Jennifer and Peter Dauvergne (2005) Paths to a Green World: The Political Economy of
the Global Environment (Cambridge: MIT Press), Chapter 1, “Peril or Prosperity: Mapping
Worldviews of Global Environmental Change,” pp. 1-18. (D)
Suggested Readings:
Clapp, Jennifer and Eric Helleiner (2012) ‘Troubled futures? The global food crisis and the
politics of agricultural derivatives regulation’, Review of International Political Economy, 19
(2): 181-207.
Newell, Peter. 2005. “The Political Economy of International Trade and the Environment,” in
Dominic Kelly and Wyn Grant, eds., The Politics of International Trade: Actors, Issues and
Regional Dynamics, (Basingstoke: Palgrave), pp. 107-29 (D)
Ewing, J. Jackson (2011) Forests, Food and Fuel: REDD+ and Indonesia’s Land Use
Conundrum, Asia Security Initiative Policy Series No.19. Singapore RSIS Centre for NonTraditional Security (NTS) Studies.
14
http://www.rsis.edu.sg/NTS/resources/research_papers/MacArthur_Working_Paper_Jackson_
Ewing.pdf
Barlow, Maude. 2007. Blue Covenant: The Global Water Crisis and the Coming Battle for the
Right to Water. Toronto: McLelland and Stewart, Chapter 2, “Setting the Stage for Corporate
Control of Water,” pp. 34-67. (D)
Meadowcroft, James (2005) “Environmental political economy, technological transitions and the
state,” New Political Economy 10(4):479-498.
Elliott, Lorraine (2011) ‘Shades of green in East Asia: the impact of financial crises on the
environment’, Contemporary Politics, 17 (2): 167-183
Chan, Michelle. 2009. "Subprime Carbon? Re-thinking the world's largest new derivative
market." Washington, DC: Friends of the Earth, available to be downloaded at:
http://www.foe.org/subprimecarbon (D)
Spash, Clive L. (2010) “The Brave New World of Carbon Trading,” New Political Economy
15(2) June, 169-95. (D)
DiMuzio, Tim (forthcoming) ‘Capitalizing a future unsustainable: Finance, energy and the fate
of market civilization’, Review of International Political Economy,
DOI:10.1080/09692290.2011.570604
Bailis, Robert and Jennifer Baka (2011) ‘Constructing Sustainable Biofuels: Governance of the
Emerging Biofuel Economy’, Annals of the Association of American Geographers, 101 (4):
827-838.
Borras, Saturnino M. Jr., Philip McMichael and Ian Scoones (2010) ‘The politics of biofuels,
land and agrarian change: editors' introduction’, Journal of Peasant Studies, 37:4, 575-592,
(special issue on Biofuels, Land and Agrarian Change)
Dauvergne, Peter and Kate J. Neville (2010) ‘Forests, food, and fuel in the tropics: the uneven
social and ecological consequences of the emerging political economy of biofuels’, Journal of
Peasant Studies, 37 (4): 631-660.
Week 10: Global Political Economy and Security
While traditionally the links between the global political economy and security have been
relatively understudied they are becoming increasingly important. Alongside the continuing
concerns about the relationship between war and economic development must now be placed
arguments about the ties that link poverty with global forms of violent resistance.
Seminar Question:
What are and what should be the links between security and economic
development? Does war promote economic development or retard it?
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Does poverty increase the chances of terrorist/resistance groups gaining
ground?
Required Readings:
O’Brien and Williams, Chapter 14.
Homolar, Alexandra (2010) “The political economy of national security,” Review of
International Political Economy, 17(2): 410-23. (D)
Higgott, Richard (2004) ‘After Neoliberal Globalization’, Critical Asian Studies 36 (3): 425-444.
(D)
Suggested Readings:
J. Paul Dunne and Elisabeth Skone, (2011) ‘The Changing Military Industrial Complex’, IDEAS,
http://carecon.org.uk/DPs/1104.pdf.
Ripsman, Norrin M. (2005) ‘False Dichotomies: Why Economics Is High Politics’, in Guns and
Butter: The Political Economy of International Security (Boulder: Lynne Reiner), 15-31 (D)
Long, Andrew G. and Brett Ashley Leeds, (2006) ‘Trading for Security: Military Alliances and
Economic Agreements’, Journal of Peace Research 43 (No.4 2006), 433-51
Mastanduno, Michael (1998) ‘Economic and Security in Statecraft and Scholarship’,
International Organization 52 (Autumn): 825-54. (D)
Stubbs, Richard (1999) ‘War and Economic Development: Export-oriented Development in East
and Southeast Asia’, Comparative Politics 31 (3): 337-355.
Cohen, Benjamin J. (2011) ‘Security Still Trumps Finance in East Asia’, Global Asia 6 (2).
http://www.globalasia.org/V6N2_Summer_2011/Benjamin_J_Cohen.html
Johnstone, Sarah and Jeffrey Mazo (2011) ‘Global Warming and the Arab Spring’, Survival, 53
(2): 11-17
Hassan Hakimian (2011) ‘The Economic Prospects of the “Arab Spring”: A Bumpy Road
Ahead’, Development Viewpoint Number 63 (June).
http://eprints.soas.ac.uk/12032/1/Development_ViewPoint_63_(Hassan_Hakimian).pdf
Nesadurai, Helen (2004) ‘Introduction: economic security, globalization and governance’, The
Pacific Review 17 (4): 459-484
Enloe, Cynthia (2000) Bananas, Beaches and Bases, Making Feminist Sense of International
Politics (Berkeley: University of California Press), Chapter 4 ‘Base Women’, 65-92.
16
Burgoon, Brian (2006) ‘The Political Economy of Post-9/11 Security’ in Richard Stubbs and
Geoffrey R.D. Underhill, Political Economy and the Changing Global Order (Toronto,
Oxford: Oxford University Press) 118-34.
Week 12: Governing the Global Economy
Underlying many of the topics covered in this course are questions of governance and
democracy. Who makes the decisions that govern the global economy? In whose interests are
they made? Is it possible to reform or change the existing system?
Seminar Question: What are the prospects for improved governance of the global economy and
for the enhancement of democracy given the changes that are occurring in the global economy?
Required Readings:
O’Brien and Williams, Chapter 15.
Broome, André and Leonard Seabrooke (2012), ‘Seeing like an International Organisation’, New
Political Economy 17 (1): 1-16.
Suggested Readings:
Mattli, Walter and Ngaire Woods (2009) ‘In Whose Benefit? Explaining Regulatory Change in
World Politics’, in Walter Mattli and Ngaire Woods, eds., The Politics of Global Regulation
(Princeton: Princeton University Press): 1-43. (D).
Kahler, Miles and David A. Lake (2009?) ‘Economic Integration and Global Governance: Why
So Little Supranationalism?’ Draft Paper: http://irps.ucsd.edu/assets/014/6747.pdf.
Janet Conway and Jakeet Singh (2009) “Is the World Social Forum a Transnational Public
Sphere? Nancy Fraser, Critical Theory and the Containment of Radical Possibility,” in
Theory, Culture & Society, 26(5), pp. 61-84. (D)
Rachman, Gideon (2011) ‘What’s On the Mind of Davos Man?’, Financial Times, January 28:
http://www.ft.com/intl/cms/s/2/3a6d0774-2977-11e0-bb9b00144feab49a.html#axzz1XCIg4arb
Lipschutz, Ronnie D. with James K. Rowe (2005) Globalization, Governmentality and Global
Politics: Regulation for the Rest of Us? (London: Routledge), Chapter 7, “Morals, Markets
and Members: Privatizing Human Rights in the Name of the Public Good”, pp. 173-95.
17
Keohane, Robert O. (2011) ‘Global governance and legitimacy’, Review of International
Political Economy, 18 (1): 99-109 (See this special issue for more on global governance and
legitimacy)
Mügge, Daniel (2011) ‘Limits of legitimacy and the primacy of politics in financial governance’,
Review of International Political Economy, 18 (1): 52-74
Mahbubani, Kishore (2011) ‘Can Asia re-legitimize global governance?’, Review of
International Political Economy, 18 (1): 131-139
Murray, Philomena (2010) ‘East Asian Regionalism and EU Studies’, Journal of European
Integration 32 (6): 597-616
Louise Fawcett, ‘Exploring Regional Domains: A Comparative History of Regionalism’,
International Affairs 80 (No.3 2004), 429-46
Bjorn Hettne, ‘Beyond the “New” Regionalism’, New Political Economy 10 (December 2005),
543-72.
Emmers, Ralf and John Ravenhill (2011) ‘The Asian and global financial crises: consequences
for East Asian regionalism’, Contemporary Politics, 17 (2): 133-149
Week 12: Conclusion
We summarise what we have learnt during the course and return to Week 3’s question.
Required Readings:
O’Brien and Williams, Chapters 13 and 16.
Suggested Readings:
Review ‘Suggested Readings’ for Week 3.