Syllabus
Course program: 1. Introduction
Course requirements, basic concepts in economic analysis, methodological aspects 2. World Trading System
Immanuel Wallerstein: The Essential Wallerstein. New York, The New Press, 2000
Robert Gilpin: The Trading System, in: Global Political Economy. Understanding the International Economic Order. Princeton, Princeton University Press, 2001. 3. International Financial System
Susan Strange: Mad Money. When Markets Outgrow Governments. Ann Arbor, University of Michigan Press.
Robert Gilpin: The Trading System, in: Global Political Economy. Understanding the International Economic Order. Princeton, Princeton University Press, 2001. 4. Critical Perspectives
Eric Helleiner: New Voices in the Globalization Debate: Green Perspectives on the World Economy, in: Richard Stubbs and Geoffrey D. Underhill (eds.): Political Economy and the Changing Global Order. Oxford, Oxford University Press, 2000, pp. 60-69.
Sandra Whitworth: Theory and Exclusion: Gender, Masculinity, and International Political Economy, in : Richard Stubbs and Geoffrey D. Underhill (eds.): Political Economy and the Changing Global Order. Oxford, Oxford University Press, 2000, pp. 91-101.
Stephen Gill: Knowledge, Politics and Neo-Liberal Political Economy, in : Richard Stubbs and Geoffrey D. Underhill (eds.): Political Economy and the Changing Global Order. Oxford, Oxford University Press, 2000, pp. 48-59. 5. National Economy?
Robert Gilpin: Economic Evolution of National Systems
International Studies Quarterly, Vol. 40, No. 3, Special Issue: Evolutionary Paradigms in the
Social Sciences. (Sep., 1996), pp. 411-431.
Stable URL:http://links.jstor.org/sici?sici=0020-8833%28199609%2940%3A3%3C411%3AEEONS%3E2.0.CO%3B2-R 6. Economic Competition
Michael E. Porter: The Competitive Advantage Of Nations, Harvard Business Review, March-April 1990. 7. Free Trade?
Richard E. Caves, Jeffrey A. Frankel and Ronald W. Jones: Trade Controls in Practice, in: World Trade and Payments, Addison Wesley, Boston, 2002, pp. 235-255.
Recommended:
Oxfam: Rigged Rules and Double Standards. Trade, Globalization, and the Fight against Poverty. Oxfam, 2002. 8. Forms of Capitalism
Ronald Dore: Stock Market Capitalism: Welfare Capitalism. Japan and Germany versus the Anglo-Saxons, Oxford University Press, 2000. 9. Income inequality
Naomi Klein: No Logo, New York, Picador, 2002. The Discarded Factory, pp.195-229. 10. Greening of America
Waking up and catching up, The Economist, January 25, 2007. 11. Federal Reserve
Readings to be announced 12. US Trade and Budget Deficit
Readings to be announced 13. Conclusions
No readings. In-class preparation for final exam.
Annotation
The course will focus on the role of U.S. in the wider context of the world economy. First part of the course covers the international economic system as a whole, the second part shows how the U.S. economy interacts with this system.