2024/2025
World Politics and International Political Economy
Type:
Mago-Lego
Delivered by:
School of International Affairs
When:
1, 2 module
Open to:
students of one campus
Instructors:
Maxim Bratersky
Language:
English
ECTS credits:
6
Course Syllabus
Abstract
This course will introduce students to the broad questions motivating the academic field of international political economy: Whose interests are served by the liberalization of trade and finance? What impact can multilateral organizations like the World Bank, International Monetary Fund and World Trade Organization have on the economic policies of member states and the functioning of the global economy? What determines the policies or rules promoted by these organizations? What motivates foreign aid policies? What is “globalization”? How can we assess its impacts on different countries and populations? How international environment of GPE shapes policies and reactions of international companies? The course is designed to: (1) provide a general introduction to central issues treated by GPE, (2) survey existing interpretations of social, political and economic developments in the world with a focus on Russia’s interests and participation, and (3) examine these developments within the framework of the contemporary literature in international political economy. Students will be required to understand and analyze the academic literature, and then apply academic insights to some of the most pressing policy debates. Should government offset the welfare costs of globalization and if so, how? Which priorities should be protected despite free trade liberalization? Is free trade fair trade? How should the World Bank and IMF be reformed to meet the needs of the international political economy in the 21st century? How should the international community address the current financial crisis? How should the international community address the current food crisis? What is the appropriate balance between government regulation and market freedom?
Learning Objectives
- Knowledge and Understanding A. Knowledge and understanding of: 1. historical and theoretical issues at the forefront of the discipline of international political economy, together with familiarity with appropriate bibliographical sources; 2. the epistemological and methodological principles in their application to the study of IPE; 3. key ontological, theoretical, and methodological problems of IPE; 4. current challenges to international order, cooperation, identity, social formations, and global issues, and possible strategies to address them; 5. the changing role of the state in the context of globalization and regional integration and the implications for international peace and security; 6. how to carry out an independent research project and write in a scholarly manner demonstrating familiarity with academic conventions deal with complex issues both systematically and creatively, make sound judgments in the absence of complete data, and communicate their conclusions clearly; 7. advanced knowledge of International Relations and politics as ap
Expected Learning Outcomes
- advanced knowledge of International Relations and politics as approached in a different academic environment and from a different intellectual tradition
- applying concepts, theories and methods used in the study of international relations, the analysis of political events, ideas, institutions and practices
- current challenges to international order, cooperation, identity, social formations, and global issues, and possible strategies to address them
- Globalization and Environment New approaches to Globalization National Policy Autonomy
- he epistemological and methodological principles in their application to the study of IPE;
- historical and theoretical issues at the forefront of the discipline of international political economy, together with familiarity with appropriate bibliographical sources
- key ontological, theoretical, and methodological problems of IPE
- Marxism vs Modernization Theory Economic Determinism vs. Politics Geographic Determinism vs Politics
- Sanctions and general policies A tool in political arsenal Forms of sanctions History of sanctions Legitimacy of sanctions Political objectives of sanctions Limitations on sanctions
- the changing role of the state in the context of globalization and regional integration and the implications for international peace and security
Course Contents
- International Political Economy
- Research Agenda of IPE: 1970 – 2010. IPE in Russia
- International Trade. Political regulation of International Trade. Russia’s Accession to WTO.
- World Financial System. Origins of International Currencies and International Financial Systems. Imbalances accumulating in the Current International Financial System.
- Prospect for the Reform of International Financial Institutions. Russia’s interests in the International Financial System
- Global Production. Value added Chains and Policies of States
- Globalization, Regionalization. Criticism of Globalization
- Growth, Inequality, Development, Aid, Debt and Development
- Trade and Economic Sanctions: their efficiency in the Modern World. Economic War. Political Management of International Investment: Keeping the Gates of Domestic Financial Market.
- .Globalization and Current Problems in International Political Economy
- The Future of the World Political, Economic and Financial Order.
Bibliography
Recommended Core Bibliography
- Frieden, J. A., & Lake, D. A. (2000). International Political Economy : Perspectives on Global Power and Wealth (Vol. 4th ed). London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=83119
- Global Political Economy : Contemporary Theories Ronen Palan
- The Emergence of the Global Political Economy. William Thompson and Jeremy Black
Recommended Additional Bibliography
- Rethinking Global Political Economy : Emerging Issues, Unfolding Odysseys Burch, Kurt; Denemark, Robert A.;and more Routledge 2003
- The Palgrave Handbook of Contemporary International Political Economy edited by Timothy M. Shaw, Laura C. Mahrenbach, Renu Modi, Xu Yi-chong. (2019). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.51626463X