| SES # | TOPICS | READINGS |
|---|---|---|
| Introduction | ||
| 1 | Introduction | (no readings) |
| 2 | Background and theoretical orientation |
Garrett, Geoffrey. "The Causes of Globalization." Comparative Political Studies 33, no. 6/7 (August/September 2000): 941-92. Milner, Helen. "The Political Economy of International Trade." Annual Review of Political Science 2, no. 1 (1999). Fearon, James D. "Bargaining, Enforcement, and International Cooperation." International Organization 52, no. 2 (Spring 1998): 269-305. Frieden, Jeffry A. Global Capitalism. Prologue and chapters 1-5. |
| International trade | ||
| 3 | Industries, voters, and cleavages | Rogowski, Ronald. "Political Cleavages and Changing Exposure to Trade." American Political Science Review 81, no. 4 (December 1987): 1121-1137. Alt, James E., and Michael Gilligan. "The Political Economy of Trading States: Factor Specificity, Collective Action Problems, and Domestic Political Institutions." Journal of Political Philosophy 2, no. 2 (1994): 165-92. Alt, James E., Jeffry Frieden, Michael J. Gilligan, Dani Rodrik, and Ronald Rogowski. "The Political Economy of International Trade: Enduring Puzzles and an Agenda for Inquiry." Comparative Political Studies 29, no. 6 (December 1996): 689-717. Scheve, Kenneth F., and Matthew J. Slaughter. "What Determines Individual Trade-Policy Preferences?" Journal of International Economics 54 (2001): 267-92.
Hiscox, Michael J. "Commerce, Coalitions, and Factor Mobility: Evidence from Congressional Votes on Trade Legislation." American Political Science Review 96, no. 3 (September 2002): 593-608. |
| 4 | Institutional and structural perspectives | Krasner, Stephen D. "State Power and the Structure of International Trade." World Politics 28 (April 1976): 317-347. Chase, Kerry. "Economic Interests and Regional Trading Arrangements: The Case of NAFTA." International Organization 57, no. 1 (Winter 2003): 137-174. Mansfield, Edward and Eric Reinhardt. "Multilateral Determinants of Regionalism: The Effects of GATT/WTO on the Formation of Regional Trading Arrangements." International Organization 57, no. 4 (Fall 2003): 829-862. Hiscox, Michael J. "The Magic Bullet? The RTAA, Institutional Reform and Trade Liberalization." International Organization 53, no. 4 (Autumn 1999): 669-698. Kono, Daniel Y. "Optimal Obfuscation: Democracy and Trade Policy Transparency." American Political Science Review 100, no. 3 (August 2006): 369-384. Lohmann, Susanne, and Sharyn O'Halloran. "Divided Government and U.S. Trade Policy: Theory and Evidence." International Organization 48, no. 4 (1994): 595-632. Frieden, Jeffry A. Global Capitalism. Chapters 6-10. Additional readings on trade Grossman, Gene, and Elhanan Helpman. "Protection for Sale." American Economic Review 84, no. 4 (1994): 833-850. Hiscox, Michael. "Class Versus Industry Cleavages: Inter-Industry Factor Mobility and the Politics of Trade." International Organization 55, no. 1 (2001): 1-46. McGillivray, Fiona. "Party Discipline as a Determinant of the Endogenous Formation of Tariffs." American Journal of Political Science 41, no. 2 (1997): 584-607.
Milgrom, Paul, Douglas C. North, and Barry Weingast. "The Role of Institutions in the Revival of Trade: The Law Merchant, Private Judges, and the Champagne Fairs." Economics and Politics 2, no. 1 (1990): 1-23. Busch, Marc. "Overlapping Institutions, Forum Shopping, and Dispute Settlement in International Trade." International Organization, forthcoming in International Organization 61 (2007). Milner, Helen V., and Keiko Kubota. "Why the Move to Free Trade? Democracy and Trade Policy in the Developing Countries." International Organization 59, no. 1 (2005): 157-193. Edward, Mansfield, Helen Milner, and B. Peter Rosendorff. "Free to Trade: Democracies, Autocracies and International Trade." American Political Science Review 94, no. 2 (2000): 305-322. |
| International monetary and financial relations | ||
| 5 | Theoretical orientation and background | Broz, J. Lawrence, and Jeffry Frieden. "The Political Economy of International Monetary Relations." Annual Review of Political Science 4 (2001): 317-343. Bernhard, William, J. Lawrence Broz, and William Roberts Clark. "The Political Economy of Monetary Institutions." International Organization 56, no. 4 (Autumn 2002): 693-723. Frieden, Jeffry A. "Invested Interests: The Politics of National Economic Policies in a World of Global Finance." International Organization 45, no. 4 (Autumn 1991): 425-51. ———. Global Capitalism. Chapters 12, 15, and 20. |
| 6 | Exchange rate regimes and currency crises | Broz, J. Lawrence. "Political System Transparency and Monetary Commitment Regimes." International Organization 56, no. 4 (Autumn 2002): 863-889. Bearce, David. "Societal Principals, Partisan Agents, and Monetary Policy Outcomes." International Organization 57, no. 2 (Spring 2003). Bernhard, William, and David Leblang. "Democratic Institutions and Exchange Rate Commitments." International Organization 53, no. 1 (1999): 71-97. Chang, Roberto. "Understanding Recent Crises in Emerging Markets." Federal Reserve Bank of Atlanta Economic Review 84, no. 2 (1999): 6-16. Glick, Rueven, and Andrew Rose. "Contagion and Trade: Why Are Currency Crises Regional?" Journal of International Economics 18, no. 4 (August 1999): 603-17. Simmons, Beth. "International Law and State Behavior: Commitment and Compliance in International Monetary Affairs." American Political Science Review 94, no. 4 (2000): 819-835. |
| 7 | International capital mobility and domestic policymaking | Clark, William Roberts, and Mark Hallerberg. "Mobile Capital, Domestic Institutions, and Electorally-Induced Monetary and Fiscal Policy." American Political Science Review 94, no. 2 (June 2000): 323-346. Oatley, Thomas. "How Constraining is Capital Mobility? The Partisan Hypothesis in an Open Economy." American Journal of Political Science 43, no. 4 (October 1999): 1003-27. Simmons, Beth. "The International Politics of Harmonization: The Case of Capital Market Regulation." International Organization 55, no. 3 (2001): 589-620. Mosley, Layna. Global Capital and National Governments. Chapters 1-6. |
| 8 | Capital account openness | Neely, Christopher J. "An Introduction to Capital Controls." Federal Reserve Bank of St. Louis Review 81, no. 6 (November/December 1999): 13-30. Edwards, Sebastian. "How Effective Are Capital Controls?" Journal of Economic Perspectives 13, no. 4 (Fall 1999): 65-84. Quinn, Dennis, and Carla Inclan. "The Origins of Financial Openness: A Study of Current and Capital Account Liberalization." American Journal of Political Science 41, no. 3 (July 1997): 771-813. Kastner, Scott L., and Chad Rector. "International Regimes, Domestic Veto-Players, and Capital Controls Policy Stability." International Studies Quarterly 47 (2003). Simmons, Beth, and Zachary Elkins. "The Globalization of Liberalization: Policy Diffusion in the International Political Economy." American Political Science Review 98, no. 1 (February 2004): 171-189. Mosley, Layna. Global Capital and National Governments. Chapters 7-8. |
| 9 | Foreign direct investment | Frieden, Jeffry A. "International Investment and Colonial Control: A New Interpretation." International Organization 48, no. 4 (Autumn 1994): 559-93. Jensen, Nathan. "Democratic Governance and Multinational Corporations: The Political Economy of Foreign Direct Investment." International Organization 57, no. 3 (Summer 2003). Li, Quan, and A. Resnick. "Reversal of Fortunes: Democratic Institutions and Foreign Direct Investment Inflows to Developing Countries." International Organization 57, no. 1 (Winter 2003): 175-211. Scheve, Kenneth, and Matthew J. Slaughter. "Economic Insecurity and the Globalization of Production." American Journal of Political Science 48, no. 4 (October 2004). Kobrin, Stephen J. "Testing the Bargaining Hypothesis in the Manufacturing Sector in Developing Countries." International Organization 41, no. 4 (Autumn 1987): 609-38. Additional readings on international monetary and financial relations
Frankel, Jeffrey A. "No Single Currency Regime is Right for All Countries or at all Times." Essays in International Finance No. 215, Princeton University (August 1999): 1-45. Simmons, Beth. Who Adjusts? Domestic Sources of Foreign Economic Policy During the Interwar Years. Princeton, NJ: Princeton University Press, 1994.
Bordo, Michael. "The Gold Standard, Bretton Woods, and Other Monetary Regimes: A Historical Appraisal." Federal Reserve Bank of St. Louis Review 75, no. 2 (March/April 1993): 123-199. Goodman, John, and Louis Pauly. "The Obsolescence of Capital Controls? Economic Management in an Age of Global Markets." World Politics 46 (October 1993): 50-82. Frankel, Jeffrey, and Andrew Rose. "An Estimate of the Effect of Common Currencies on Trade and Income." Quarterly Journal of Economics 117, no. 2 (2002): 437-466. Obstfeld, Maurice. "Global Capital Markets: Benefactor or Menace?" National Bureau of Economic Research (NBER) Working Paper W6559, May 1998.
Henisz, Witold. "The Institutional Environment for Multinational Investment." Journal of Law, Economics, and Organization 16, no. 2 (2000): 334-364. Markusen, James R. "The Boundaries of Multinational Enterprises and the Theory of International Trade." Journal of Economic Perspectives 9, no. 2 (Spring 1995): 169-189. |
| International political economy and security | ||
| 10 | Conflict and economic interdependence | Oneal, John, and Bruce Russett. "The Kantian Peace: Assessing the Pacific Benefits of Democracy, Interdependence, and International Organizations, 1885-1992." World Politics 52, no. 1 (October 1999). Brooks, Stephen. "The Globalization of Production and the Changing Benefits of Conquest." Journal of Conflict Resolution 43, no. 5 (October 1999). Gowa, Joanne, and Edward Mansfield. "Power Politics and International Trade." American Political Science Review 87, no. 2 (May 1993). ———. "Alliances, Imperfect Markets, and Major-Power Trade." International Organization 58, no. 4 (Fall 2004). Skålnes, Lars S. "Grand Strategy and Foreign Economic Policy: British Grand Strategy in the 1930s." World Politics 50 (July 1998): 582-616. Rowe, David M. "World Economic Expansion and National Security in Pre-World War I Europe." International Organization 53 (Spring 1999): 195-231. |
| Conclusion | ||
| 11-12 | Student presentations | (no readings) |
Table of Contents
Study Materials
Readings
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Required Texts
Frieden, Jeffry A. Global Capitalism: Its Fall and Rise in the Twentieth Century. New York, NY: W.W. Norton, 2006. ISBN: 9780393058086.
Mosley, Layna. Global Capital and National Governments. New York, NY: Cambridge University Press, 2003. ISBN: 9780521521628.
Recommended Texts
Caves, Richard E., Jeffrey A. Frankel, and Ronald W. Jones. World Trade and Payments: An Introduction. 10th ed. New York, NY: Addison Wesley, 2006. ISBN: 9780321226600.
Krugman, Paul R., and Maurice Obstfeld. International Economics: Theory and Policy. New York, NY: Addison Wesley, 2005. ISBN: 9780321293831.
Grieco, Joseph, and John Ikenberry. State Power and World Markets: The International Political Economy. New York, NY: Norton, 2002. ISBN: 9780393974195.
Thomas Oatley. International Political Economy: Interests and Institutions in the Global Economy. New York, NY: Pearson Longman, 2006. ISBN: 9780321355669.
Eichengreen, Barry J. Globalizing Capital. Princeton, NJ: Princeton University Press, 1996. ISBN: 9780691028804.