The objectives of this course are to: 1. familiarize with the theories and dynamic linkages among markets, states and institutions, and civil society in the regional and global context; 2. perceive political foundations and consequences of the contemporary world economy; and 3. gain the understanding of the significance of increased transnational economics in relations between governments
Conceptual concerns- Definitions, Nature, assumptions, Scope
Approaches: Realist; Liberal, Marxist
Global Economic Governance: WTO, IMF, GATT; NIEO MNCs and FDI
Regionalism in International Political Economy- ASEAN, EU, NAFTA, SAFTA Globalisation and domestic politics; States and Political actors in globalised economy
Politics of Global imbalances- global south & global north Energy, Environment, International Migration
Books Recommended: Essential Readings: Balaam, D., &Dillman, B. (2011). Introduction to International Political Economy (5 ed.). New Jersey: Pearson Education Cohn, T. H. (2010). Global Political Economy: Theory and Practice (5 ed.). New Jersey: Pearson Education Gilpin, R. (2000). The Challenge of Global Capitalism: The World Economy in the 21st Century. Princeton and Oxford: Princeton University Press Ravenhill, J.(2005)Global Political Economy. New York: Oxford University Press Strange, S. (1996). The Retreat of the State: The Diffusion of Power in the World Economy. New York: Cambridge University Press Baylis, J. &Smith S.(2005). The Globalization of World Politics. New Delhi: Oxford University Press
Reference Books: Baker, A. (2008).Governing Financial Globalization: International Political Economy and Multi-Level Governance. London:Routledge Burnell, P. & Randall, V. (2005). Politics in the Developing World. Oxford: Oxford University PressDunn, B. (2001).Global Political Economy: A Marxist Critique. London: Pluto Press Hoekman, B. &Kostecki M. (2009). The Political Economy of the World Trading System: The WTO and Beyond. Oxford: Oxford University Press Karns, M. &Mingst K. (2005)International Organizations: The Politics and Processes of Global Governance. New Delhi: Viva Books Narlikar, A. (2005)The World Trade Organisation: A Very Short Introduction. New Delhi: Oxford University Press 281 World Trade Organization (2007) World Trade Report 2007 .Geneva: WTO Gilpin, R. (2001)Global Political Economy: Understanding the International Economic Order, Princeton: Princeton University Press Przeworski, A. (2003). States and Markets: A Primer in Political Economy. New York: Cambridge University Press Cohen, B. (2003) The Future of Money Princeton: Princeton University Press O’Brien & Williams (2004) Global Political Economy: Evolution and Dynamics. New York; Palgrave
Links:
[1] https://politicalscience.iisuniv.ac.in/courses/subjects/international-political-economy-1
[2] https://politicalscience.iisuniv.ac.in/academic-year/2021-22