Aida A. HozicAssociate ProfessorDepartment of Political ScienceUniversity of Florida331 Andersonhozic@ufl.edu

INR 6039INTERNATIONAL POLITICAL ECONOMY

CLASS MEETING TIME: THURSDAYS – 2-4TH PERIODOFFICE HOURS: BY APPOINTMENT ONLY

This course offers a survey of key empirical puzzles and most important theoretical approaches in international political economy. The purpose of the course is twofold – to prepare students for the comprehensive exam in the field of international relations and to assist them in pursuit of their own research projects. However, the course is by no means comprehensive or reflective of the entire field of international political economy; emphasis here is primarily on macro-historical and sociological approaches to IPE and topics such as construction of the world economy, interaction of states and markets, domestic sources of international economic policy (and vice versa, domestic effects of global trends), politics of production and consumption. Students interested in other approaches or particular topics should consult with the instructor on further readings.

COURSE REQUIREMENTS:

1. Two presentations/papers based on weekly readings, which will serve as discussion points for the class – 30%.

Papers written in preparation for discussion would have to be submitted to the entire class at least a day before our weekly class meeting on Thursday morning and, at the latest, by noon on Wednesday. Students will work in teams (2 or 3) and will be at liberty to choose how they wish to divide the readings and/or make the oral/video presentation most meaningful and engaging for their classmates. Papers, on the other hand, will have to be short (3-5 pages) reflections on weekly readings in their entirety.

2. Class participation and discussion questions/blogging – 20%.

Class attendance is not so much mandatory as assumed. While accommodations will be made for students who need to miss classes for health reasons (with documentation), religious holidays, University of Florida official functions or

important conferences, they will still be responsible for doing the readings and participating in on-line discussion about them.

3. Final exam – 50%

Final exam will be a 48-hour take home exam. Questions will be distributed on April 25th at noon and will be due on April 27th at noon. Students will not be able to respond to questions related to their in-class presentations and papers but they will be able to relate their answers to their research interests (both regional and theoretical) if they chose to do so. Students will be able to select two questions from a number of prompts. Each response should be 8-10 pages in length.

GRADING SCALE

Grading scale is 94-100 A; 90-93 A-; 87-89 B+; 84-86 B; 80-83 B-; 77-79 C+; 74-76 C; 70-73 C-; 67-69 D+; 64-66 D; 60-63 D- .

For current regulations on grades and grade point averages for graduate students at the University of Florida please see: http://gradschool.ufl.edu/catalog/current-catalog/catalog-general-regulations.html#grades

INCOMPLETES

Students who believe that they will not be able to complete all the requirements for the course in due time have to discuss an “I” (Incomplete) grade with the instructor before the final paper is due. Students will have to sign an “Incomplete Contract” (available at http://www.clas.ufl.edu/forms/) and complete all their requirements by a set date. Students should be aware that “I” grades become punitive after one term.

STUDENTS WITH DISABILITIES

Students requesting classroom accommodation must first register with the Dean of Students Office. The Dean of Students Office will provide documentation to the student who must then provide this documentation to the Instructor when requesting accommodation.

READINGS

Most readings will be available in electronic format. However, students may consider buying the following books:

Herman M. Schwartz, States versus Markets, 3rd Edition, Palgrave Macmillan, 2010

Robert Gilpin, Political Economy of International Relations, Princeton University Press, 1987

Susan Strange, Retreat of the State, Cambridge University Press, 1996

Nouriel Roubini, Crisis Economics, Penguin Books, 2011

Daren Acemoglu and James Robinson, Why Nations Fail: The Origins of Power, Prosperity and Poverty, Crown Business, 2012

Karen Ho, Liquidated: An Ethnography of Wall Street, Duke University Press, 2009

WEEKLY OUTLINE

Thursday, January 10WEEK 1: INTRODUCTIONS AND THEMES

Robert C. Allen, Global Economic History: A Very Short Introduction, Oxford University Press, 2011

Albert O. Hirschman, The Passions and the Interests: Political Arguments for Capitalism before Its Triumph, Princeton University Press, 1977

Robert Gilpin, Political Economy of International Relations, Princeton University Press, 1987, Chapters 1 and 2.

David L. Blaney and Naeem Inayatullah, Savage Economics: Wealth, Poverrty and the Temporal Walls of Capitalism, Routledge, 2010. Introduction and Chapter I, pp. 1-27 (and more, if interested)

Thursday, January 17Week 2: MAKING OF THE WORLD ECONOMY: Before European Hegemony

Janet Abu-Lughod, Before European Hegemony: The World System A.D. 1250-1350, Oxford University Press, 1989. Part II – The Mideast Heartland, pp. 137-247

Fernand Braudel, The Structures of Everyday Life: Civilization and Capitalism 15th-18th

Century, Volume 1, Harper & Row 1981. Chapter 1: Weight of Numbers, pp. 31-103

K.N. Chaudhuri, Trade and Civilisation in the Indian Ocean: An Economic History from the Rise of Islam to 1750, Cambridge University Press, 1985. Introduction, Chapters 1 and 2, pp. 1-62

Thursday, January 24Week 3: MAKING OF THE WORLD ECONOMY: States and Markets

Herman M. Schwartz, States versus Markets, 3rd Edition, Palgrave Macmillan, 2010. Introduction, Chapter 1

Richard Lachman, States and Power, Polity Press, 2010. Chapters 1,2 and 4, pp. 1-65, 101-130

Perry Anderson, Lineages of the Absolutist State, Verso, 1996. Foreword, Chapters 1 and 2 and Two Notes A. Japanese Feudalism and B. The ‘Asiatic Mode of Production’, pp. 1-60 and 435-551

Charles Tilly, Coercion, Capital and European States AD 990-1992, Wiley-Blackwell, 1992, Chapters 1,2 and 3, pp. 1-95

Thursday, January 31Week 4: MAKING OF THE WORLD ECONOMY: Agriculture and Capitalism

Herman M. Schwartz, States Versus Markets, Chapters 2-4

Karl Marx, Capital, Volume 1, Chapter 27: Expropriation of the Agricultural Population from the Land, available at http://www.marxists.org/archive/marx/works/1867-c1/ch27.htm

T.H. Aston and C.H.E. Philpin, The Brenner Debate: Agrarian Class Structure and Economic Development in Pre-industrial Europe, Cambridge University Press, 1995 (reprint), Introduction and Chapter 1 (Robert Brenner, “Agrarian Class Structure and Economic Development in Pre-Industrial Europe”), pp. 1-63

C. Peter Timmer, “The Turnip, the New Husbandry, and the English Agricultural Revolution,” The Quarterly Journal of Economics, 83:3 (Aug 1969) 375-395

Robert C. Allen, “Tracking the Agricultural Revolution in England,” Economic History Review 52:2 (May 1999) 209-235

J.S. Peet, “Spatial Expansion of Commercial Agriculture in the 19th Century: a von Thunen Interpretation,” Economic Geography 45:4 (Oct 1969), 283-301

Immanuel Wallerstein, “Rise and Future Demise of the World Capitalist System: Concepts for Comparative Analysis,” Comparative Studies in Society and History 16:4 (Sept 1974), 387-415

Thursday, February 7Week 5: MAKING OF THE WORLD ECONOMY: Age of Imperialism

Herman M. Schwartz, States Versus Markets, Chapters 5-7

K.N. Chaudhuri, Trade and Civilisation in the Indian Ocean: An Economic History from the Rise of Islam to 1750, Cambridge University Press, 1985. Introduction, Chapters 3, 4 and 5, pp. 63-118

Eric Hobsbawm, The Age of Empire 1875-1914, Vintage Books, 1989. Overture and Chapter 3: Age of Empire, pp. 1-12, 56-83

P.J. Cain and A.G. Hopkins, “Political Economy of British Overseas Expansion 1750-1914” Economic History Review 33:4 (Nov 1980) 463-490

Douglas A. Irwin, “Mercantilism as Strategic Trade Policy: The Anglo-Dutch Rivalry for the East India Trade,” Journal of Political Economy 99:6 (Dec 1991) 1296-1314

A. Fishlow, “Lessons from the Past: 19th and 20th Century Capital Markets” International Organization 39:3 (Jun 1985) 383-439,

Thursday, February 14Week 6: NATIONAL ECONOMIES IN THE WORLD ECONOMY: States versus Markets Redux

Daren Acemoglu and James Robinson, Why Nations Fail: The Origins of Power, Prosperity and Poverty, Crown Business, 2012 (as much as you can stand and or need to get the gist of it)

Karl Polanyi, The Great Transformation: The Political and Economic Origins of Our Times, Beacon Press, 2001

Peter Evans, Embedded Autonomy: States and Industrial Transformation, Princeton University Press, 1995, Chapters 1, 2, 8 and 10.

Giovanni Arrighi, Adam Smith in Beijing, Verso 2007

Thursday, February 21Week 7: POLITICAL ECONOMY OF PRODUCTION

Antonio Gramsci, “Americanism and Fordism” in Selections from the Prison Notebooks

Harry Braverman, Labor and Monopoly Capital: The Degradation of Work in the Twentieth Century, Monthly Review Press, 1998. Introductions and Part I, from pp. ix to 106

Michael Burawoy, Manufacturing Consent: Changes in the Labor Process Under Monopoly Capitalism, University of Chicago Press, 1982. Preface, Chapters 2,4 and 5.

Mark Rupert, Producing Hegemony, Cambridge University Press, 1995. Chapters 1,2 and 4, pp. 1-39 and 59-82

Bob Jessop and Ngai Ling Sum, Beyond the Regulation Approach: Putting Capitalist Economies in Their Place, Edward Elgar 2006. Part I, pp. 1-122

Karen Ho, Liquidated: An Ethnography of Wall Street, Duke University Press, 2009

Thursday, February 28Week 8: POLITICAL ECONOMY OF DISTRIBUTION AND CONSUMPTION: How Goods Travel and What They Bring With Them

Gary Gereffi and Miguel Korzeniewicz eds., Commodity Chains and Global Capitalism, Praeger, 1993, Chapter 1: Introduction, Chapter 5: The Organization of Buyer-Driven Commodity Chains

Steven Topik, Zephyr Frank and Carlos Marichal, From Silver to Cocaine: Latin American Commodity Chains and the Building of the World Economy, 1500-2000, Duke University Press, 2006, Introduction

Aida A. Hozic, Hollyworld: Space, Power and Fantasy in the American Economy, Cornell, 2002

Jeremy Presthold, Domesticating the World: African Consumerism and the Genealogies of Globalization, University of California Press, 2008

Sidney W. Mintz, Sweetness and Power: The Place of Sugar in Modern History, Penguin, 1986

Thursday, March 7SPRING BREAK – No Class

Thursday, March 14Week 9: POLITICAL ECONOMY OF MONEY AND FINANCE

Herman M. Schwartz, States versus Markets, Chapters 8-9

Barry Eichengreen, Globalizing Capital: A History of the International Monetary System, Princeton University Press, 2nd Edition, 2008

Jonathan Kirshner, Monetary Orders: Ambiguous Economics, Ubiquitous Politics, Cornell University Press, 2002

Jeffrey Winters, Power in Motion: Capital Mobility and the Indonesian State, Cornell University Press, 1996

Thursday, March 21Week 10: POLITICAL ECONOMY OF TRADE

Herman M. Schwartz, States versus Markets, Chapter 12

Helen V. Milner and Robert O. Keohane, Internationalization and Domestic Politics, Cambridge University Press, 1996, Chapters 1-3, pp. 3-78

Ronald Rogowski, “Political Cleveages and Changing Exposure to Trade,” American Political Science Review 81:4 (1987) 1121-37

Peter Gourevitch, “International Trade, Domestic Coalitions and Liberty,” Journal of Interdisciplinary History 8:2 (Autumn 1977), 281-313

David Lake, “Open Economy Politics: A Critical Review” The Review of International Organizations 4:3 (2009), 219-244

Michael A. Bailey, Judith Goldstein and Barry R. Weingast, “The Institutional Roots of American Trade Policy: Politics, Coalitions and International Trade,” World Politics 49:3 (April 1997) 309-338

James E. Alt et al., “The Political Economy of International Trade: Enduring Puzzles and an Agenda for Inquiry,” Comparative Political Studies 29:6 (Dec 1996), 689-717

Thursday, March 28Week 11: POLITICAL ECONOMY OF DEBT AND DEVELOPMENT

Herman M. Schwartz, States versus Markets, Chapters 10 and 11

Alexander Gerschenkron, “Economic Backwardness in Historical Perspective,” and “The Approach to European industrialization: a Post-script” in Gerschenkron, Economic Backwardness in Historical Perspective, Belknap Press, 1962

F. H. Cardoso and E. Faletto, Dependency and Development in Latin America, University of California Press, 1971

Miles Kahler, “Politics and International Debt,” International Organization 39:3, June 1985, pp. 357-382

Carlos A. Primo Braga and Gallina A. Vincelette (eds.) Sovereign Debt and the Financial Crisis: Will This Time Be Different, World Bank, 2010

Thursday, April 4ISA CONFERENCE – No Class

Thursday, April 11Week 12: POLITICAL ECONOMY OF FINANCIAL CRISES

Herman M. Schwartz, States versus Markets, Chapters 13-14 Charles Kindleberger, Manias, Panics and Crashes: A History of Financial Crises, Palgrave Macmillan, 6th Edition, 2011

Susan Strange, Retreat of the State, Cambridge University Press, 1996

Nouriel Roubini, Crisis Economics, Penguin, 2011

David Harvey, The Enigma of Capital and the Crises of Capitalism. Oxford University Press, 2011

Thursday, April 18Week 13: POLITICAL ECONOMY OF FINANCIAL CRISES: Center and Periphery

Herman M. Schwartz, Subprime Nation: American Power, Global Capital, and the Housing Bubble, Cornell University Press, 2009

Bela Greskovits and Dorothe Bohle, Capitalist Diversity on Europe’s Periphery, Cornell University Press, 2012

Saturday, April 19 and Sunday, April 20WORKSHOP ON EUROPEAN CAPITALISM ORGANIZED BY THE CENTER FOR EUROPEAN STUDIES – time and place TBA but attendance will be mandatory.