POLS 383: CHANGING WORLD POLITICAL ECONOMY

Northern Illinois University

Department of Political Science

Fall 2007, Dusable 459

M-W-F 1200-12:50

 

Instructor: Dr. Kheang Un

Office: Zulauf 405, Pottenger House 200

Phone: 815-753-7054; 815-753-8822

Email: kun1@niu.edu

Office Hours: M, W &F 10:00-12:00 and by appointment

 

We are now in the era of unprecedented global economic interconnectedness, a process that affects wealth, power, cultures, and societies of nation-states across the globe.  International political economy (IPE) explores this process, examining the impacts of international political and economic factors on domestic politics and economics and vise-versa.  As such, the objective of this course is to enable students to understand the management of the global economic system, the level of global economic integration and its impact on nation-states, the functions and management of multilateral institutions, and the major theories that explain theses processes.

 

Course Policies and Requirements

 

1.  The Learning Environment. Your instructor is committed to the principle of active learning.  This principle requires students’ active involvement in, commitment to, and responsibility for their own education.  Hence, it is important that students conduct themselves in ways that indicate respect for the learning community and the learning process.  Respect for the learning community should preclude such behavior as persistent tardiness, leaving the room during class time (unless prior advice was given to the instructor or in case of emergency), falling asleep, reading the newspaper, turning your cell phone on, studying for another class, or chatting with others.

 

2. Readings, Lectures and Class Format. Please purchase a copy of the textbook for this course:  Thomas Oatley, International Political Economy: Interests and Institutions in the Global Economy 3rd Edition (New York: Pearson/Longman, 2007), at the Student Center or at the Village Commons Bookstore.  Some readings are also posted on the course blackboard.

 

Lectures will parallel and compliment the readings.  As such, students cannot just rely solely on the lectures or the readings.

 

3. Class attendance and Participation. 

A. Class attendance: Attendance at all class sessions is expected, and the instructor will check the attendance regularly.  Students are allowed to miss for a total of four times during the semester.  An additional absence will result in lowering the final grade by one letter.

 

B. Class Participation: Class participation will account for 10 percent of the total course grade.  As stated earlier, the instructor treasures interactive learning.  Students are therefore expected to regularly be involved in class discussion.  More importantly, informed participation in class discussion will significantly help students in borderline grade situations. 

 

4. Exams.  This course will have two exams—a midterm and a final.  The midterm will be taken in class on October-8 and the final exam will be taken during the regular final exam day, December-10 12:00-1:50.  The first exam will be worth 25 percent and the final exam will be worth 35 percent of the total course grade.  The format of each exam will be a combination of essay, short answers and identification of concepts.  No make up exam will be offered, except in cases of emergency, as defined by the instructor, and with advance notification. 

 

5. Term Paper: The term paper, 12 to 15 pages with a minimum of ten sources, will be worth 30 percent of the total course grade and is due in class on November 30.  Late papers will be penalized by one letter grade a day.  Students are required to submit a research topic with a thesis and five references that can be used for the paper.  This will be due in class on November 12.

 

Avoiding Plagiarism: Put simply, plagiarism happens when you take someone else’s ideas or words and use them as though they were your own ideas.  Commonly, students commit plagiarism out of ignorance or carelessness; though there are some people who outright steal other writers’ work.  Thus to avoid this problem, you should follow these guidelines:

 

. Always put quotation marks around any direct statement from someone else’s work and offer appropriate citation (endnote, footnote etc.)

 

. Cite any paraphrase of another writer’s ideas or statements.

 

. Cite any material, ideas, thoughts, etc., you got from your reading that can’t be described as general knowledge.

 

 

6. Course Grade.  Course Grades will be distributed as follows:

            Final Average                                      Final Grade

            90-100 %                                                         A

            80-89 %                                                           B

            70-79%                                                            C

            60-69%                                                            D

            Below 60%                                                     F

 

7. Academic Integrity.  Students are expected to know and comply with NIU polices on academic integrity (see p. 47 of 2001 Undergraduate Catalog).  Any student found guilty of cheating or plagiarizing will receive an “F” for the examination and the course.  He or she may also be subject to additional sanctions imposed by the university.

 

8. Undergraduate Writing Awards. The Department of Political Science will recognize, on an annual basis, outstanding undergraduate papers written in conjunction with 300-400 level political science courses or directed studies. Authors do not have to be political science majors or have a particular class standing. Winners are expected to attend the Department’s spring graduation ceremony where they will receive a certificate and $50.00. Papers, which can be submitted by students or faculty, must be supplied in triplicate to a department secretary by February 28. All copies should have two cover pages – one with the student’s name and one without the student’s name. Only papers written in the previous calendar year can be considered for the award. However, papers completed in the current spring semester are eligible for the following year’s competition even if the student has graduated.

 

9. Statement Concerning Students with Disabilities. Under Section 504 of the Rehabilitation Act of 1973, NIU is committed to making reasonable accommodations for persons with documented disabilities. Those students with disabilities that may have some impact on their coursework and for which they may require accommodations should notify the Center for Access-Ability Resources (CAAR) on the fourth floor of the Health Services Building. CAAR will assist students in making appropriate accommodations with course instructors. It is important that CAAR and instructors be informed of any disability-related needs during the first two weeks of the semester.

 

10. Department of Political Science Web Site.  Undergraduates are strongly encouraged to consult the Department of Political Science web site on a regular basis. This up-to-date, central source of information will assist students in contacting faculty and staff, reviewing course requirements and syllabi, exploring graduate study, researching career options, tracking department events, and accessing important details related to undergraduate programs and activities. To reach the site, go to http://polisci.niu.edu

 

 

 

 

           

Schedule of Lectures, Required Readings, and Exams

 

I. (08-27): Introduction to the Course

 

II. (08-29; 08-31; 09-5): Ideologies of International Political Economy

Reading: Oatley Ch. 1

8-29

Mercantilism

8-31

Liberalism

9-3  

Labor Day No Class!

9-5 Marxist Critiques

 

III. (09-7; 09-10; 09-12): Global Governance and IPE

09-7

The World Trade Organization Oatley pp. 22-29; 34-46.

Daniel Esty, "The World Trade Organization's Legitimacy Crisis," in Thomas Oatley, The Global Economy: Contemporary Debates (New York: Pearson Longman, 2005), pp. 111-125 [course blackboard].

09-10

The International Monetary Fund Oatley pp. 320-332.

09-12

The World Bank: Oatley pp. 313-314; Sebastian Mallaby, “Saving the World Bank,” Foreign Affairs, 84 (2005): 75-85 [course blackboard].

 

IV. (09-14; 09-17; 09-19): International Trade

Reading: Oatley Ch. 3.

09-14

Comparative Advantage and Trade

09-17

Trade Policy and Domestic Economic Interests

09-19

Domestic Politics and Trade

 

V. (09-21; 09-24; 09-26) International Finance

Reading: Oatley Chs. 10&11.

09-21

The Bretton Woods Exchange System

09-24

Contemporary International Arrangements

09-26

Mobile Capital and Financial Integration

 

VI. (09-28; 10-1; 10-3) International Investment

Reading: Oatley Ch. 8; Ch. 9.

09-28

Foreign Direct Investment

10-1

Multinational Corporations

10-03

Multinational Corporations

 

VII. (10-5; 10-8): Review and Mid-Term Exam

10-5

Review

10-8

Mid-term Exam

 

IX. (10-10, 10-12): International Development I

Required Reading: Oatley Ch. 6.

10-10

Perspective on North-South Divide

10-12

Trade and Development Policy

 

X. (10-15, 10-17) Trade and Development II: Economic Reform

Required Reading: Oatly Ch.7

10-15

Emerging Problems with Import Substitution Industrialization

10-17

Structural Adjustment and Politics of Reform

 

XI. (10-19, 10-22) Developing Countries and International Finance

Oatley Chs. 14&15.

 

10-19

Oatley Ch. 14

Financial Flow and Development

10-22

Financial Flow and Origin of Debt Crisis

Movie: The Debt Crisis VICASSETTE HJ8899 .D437 1989

10-24

Financial Flow and Origin of Debt Crisis (continued)

10-26

Oatley Ch. 15

Asian Financial Crises and Management

10-29

Asian Financial Crises (Continued)

 

XII. ( 10-31, 11-2, 11-5) China and Global Economy

Required Reading:

Kishore Mahbubani, “Understanding China,” Foreign Affairs 84 (2005): 49-60 [course blackboard].

Morton Abramowitz, and Stephen Bosworth, “America Confronts the Asian Century,” Current History (April 2006): 147-152 [course blackboard].

John Mearsheimer, “China’s Unpeaceful Rise,” Current Affairs (April 2006): 160-162.

Zheng Bijan, “China’s ‘Peaceful Rise’ to Great Power Status,” Foreign Affairs 84 (2005): 18-24 [course blackboard].

Michael T Klare,China’s Demand for Resources Fueling the Dragon: China’s Strategic Energy Dilemma,” Current History (April 2006): 180-185 [course blackboard].

10-31

Kishore Mahbubani, “Understanding China,” Foreign Affairs 84 (2005): 49-60.

11-2

Abramowitz, Morton and Stephen Bosworth, “America Confronts the Asian Century,” Current History (April 2006): 147-152.

Mearsheimer, John, “China’s Unpeaceful Rise,” Current Affairs (April 2006): 160-162.

11-5

Michael T Klare,China’s Demand for Resources Fueling the Dragon: China’s Strategic Energy Dilemma,” Current History (April 2006): 180-185.10-31.

 

XIII. (11-09; 11-12) Regionalism

Required Reading: Oatley, pp. 35-41; John Ravenhill, “Regionalism,” in John Ravenhill, Global Political Economy (New York: Oxford University Press, 2005), pp. 116-147 [course blackboard].

11-7

Economic of Regional Integration

11-9

Politics and Regional Integration

11-12

Research Topic Due and Discussion of Research Paper

 

XIII. (11-14, 11-16,11-19,11-26,11-28, 11-30, 11-31, 12-3, 12-5) Globalization

11-14

Globalization

Thomas Frieman, “It’s a Flat World After All,” in Mark Keselman, The Politics of Globalization: A Reader (Boston: Houghton Mifflin Company, 2007), pp. 69-73 [course blackboard]; Oatley, Ch. 16.

11-16, 11-19

Globalization and The State

Saskia Sassen, “The State and Globalization,” in Mark Keselman, The Politics of Globalization: A Reader (Boston: Houghton Mifflin Company, 2007), pp.228-243 [course blackboard];

Susan Strange, “The Retreat of the State: The Diffusion of Power in the World Economy,” in Mark Keselman, The Politics of Globalization: A Reader (Boston: Houghton Mifflin Company, 2007), pp. 210-216 [course blackboard].

11-21 

Thanksgiving Break

11-23 

Thanksgiving Break

11-26

Video: “Globalization is good” DVD. HB501 .G5493 2005 (50mns)

11-28

Video: “Globalization” DVD. HF1379 .G595 2004 (42mns)

Pros of Globalization

11-30

Paul Krugman, “In Praise of Cheap Labor: Bad Jobs at Bad Wages are Better than No Jobs at All,” in Thomas Oatley, The Global Economy: Contemporary Debates (New York: Perason-Longman, 2005), pp. pp. 204-207 [course blackboard].

Term Paper Due

11-31

John Miller, “Why Economist Are Wrong About Sweatshops and the Anti-Sweatshop Movements,” in Thomas Oatley, The Global Economy: Contemporary Debates (New York: Perason-Longman, 2005), pp. pp. 208-224 [course blackboard].

Cons of Globalization

12-3

Amartya Sen, “How to Judge Globalism,” in Mark Keselman, The Politics of Globalization: A Reader (Boston: Houghton Mifflin Company, 2007), pp. 28-36 [course blackboard].

12-5

Joseph Stiglitz, “Globalism’s Discontents,” in Mark Keselman, The Politics of Globalization: A Reader (Boston: Houghton Mifflin Company, 2007), pp. 86-95 [course blackboard].

12-7 Catch-Up and Class Evaluation

12-10

Final Exam 12:00-1:50