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Předmět International Political Economy - IEPS (JEM165)

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Cíl

Code:    JPM325 (mandatory course for the students of IEPS programme and optional for other students of FSV UK, including the Erasmus visiting students). Intensity: 2/0 (even though except for lecturing, there will be a lot of time devoted to debates and seminar coursework)                                                        Credits:  5Instructors:  Doc. Ing. Vladimír Benáček, CSc. and  Mgr.Michal Paulus, M.A., plus presentation of a visiting professor from abroad. Contacts: benacekv@fsv.cuni.cz, michal.paulus@seznam.czRequirements on students: Studying continuously during the course, participating in assignments for homework, presenting 3 team reports (essays) and elaborating an individual essay, which should be presented and defended.The objective of the course rests in the analysis of fundamental issues of IPE dealing with wealth, power and conflicts. The studied agents include the representatives of nations, businesses (e.g. multinational corporations), governments and individuals. The participants will have to master the methodology of comparative studies and the theoretical concepts of IPE applied on markets with goods and factors, international trade, money, public choices, government hierarchies and political interests. The study and discussion of present international economic and social crises will form an important part of seminars.The background of this course will be taken from the renowned Oxford Handbook of Political Economy (OHPE), 2008, edited by Barry R. Weingast and Donald A. Wittman (ISBN13: 9780199548477, ISBN10: 0199548471). There will be selected chapters for mandatory reading, plus articles and texts assigned for reading during seminars. The textbook is available in the libraries of Jinonice and IES (Opletalova) FSV sites. Students should also check the course website via SIS or Karolinka and download the handouts BEFORE lectures/seminars from http://is.cuni.cz/studium/predmety/index.php?do=predmet&kod=JPM325.The full textbook can be found for reading athttp://books.google.cz/books?id=WgHcf8Y0r9UC&pg=PR4&lpg=PR4&dq=ISBN+978-0-19-954847-7&source=bl&ots=wmdXbZXJj4&sig=9U6QCt6Ns0DCB6usEQyAwGqp0ng&hl=en&sa=X&ei=dWnuU5f4H-qJ7Abg5YC4Cg&redir_esc=y#v=onepage&q=ISBN%20978-0-19-954847-7&f=falseThe course will be interactive, aiming at creative critical thinking. Remember that the aim of this course is the buildup of your skills and excellence in dealing with the world issues - please consider it also as your own investment into yourself. The course will be launched on 20 February 2014 at IES, Opletalova St. 26, hall 206. The lectures and seminars will take place on Fridays from 12:30 till 13:50. 

Sylabus

International Political Economy (IPE) - Syllabus of the course                                               10 Feb 2015                             Code:    JPM325Instructors:  Doc. Ing. Vladimír Benáček, CSc. and  Mgr.Michal Paulus, M.A., plus presentation of a visiting professor from abroad. Contacts: benacekv@fsv.cuni.cz, michal.paulus@seznam.cz*Week 1: VB 20.2. Introduction, theoretical fundamentals - home vs. global bias, endogeneity vs. exogeneity in the causal chains. Three pillars of social development: objectives and instruments.Reading:Handout on social interactions;OHPE ch. 1: The Reach of Political Economy, Weingast & Wittman, p. 3-25;Benacek, V. (2006) Three Dimensions of Modern Social Governance. Bratislava, NISPA, 2006*Week  2: VB 27.2. Three pillars of social development: free markets vs. hierarchies of political and economic powers; mechanisms of social adjustment and conflict resolution.Reading:OHPE ch. 42: International PE,Lake, p. 757-777;OHPE ch. 55: Politics and Scientific Enquiry, Buchanan, p. 980-995;OHPE ch. 57: What is missing from PE, North, p. 1003-1009.*Week 3: VB  6.3.  Institutional economics, government policies, market and government failures.Reading:Handouts on New Institutionalism, transaction costs, market failures, bounded rationality, contracts, incentives and property rights.OHPE ch. 35: Comparative Perspectives on the Place of the State in the Economy, Wren, p. 642-655;OHPE ch. 59: Old Questions and New Answers about Institutions, Shepsle, p. 1031-1049 *Week  4:  MP 13.3.Actors, Institutions and Authority in the Global Economy.Reading: Knill Ch. and Lehmkuhl D. (2002) "Private Actors and the State: Internationalization and Changing Patterns of Governance," Governance, Volume 15, Number 1, p. 41-63.OHPE ch. 42: International Political Economy: A Maturing Interdiscipline, David A. Lake, p. 757-777OHPE ch. 55: Politics and Scientific Enquiry, Buchanan J.M., p. 980-995.Aggarwal, V.K. and Dupont, C. (2011) Collaboration and Coordination in the Global Political Economy, in: Ravenhill J. Global Political Economy. Oxford University Press.Blyth M. (2002) Institutions and Ideas: http://goodliffe.byu.edu/310/protect/blyth.pdf*Week 5: MP 20.3. Public Choice Perspective. Barriers to Fairness, Democracy and Growth. Bureaucracy, Agency Problems and Adverse Selection.Reading:OHPE ch. 14: Politics, Delegation, and Bureaucracy, Huber and Shipan, p. 256-274Buchanan, James M. (2003) Public Choice, Policy, Vol. 19, No. 3, p. 13-19.Abbot, Andrew and Philips Jones (2013) Procyclical government spending: a public choice analysis, Public Choice, No. 154, p. 243 - 258.Considine, John (2006) Yes Minister: Invaluable material for teaching the public choice of bureaucracy, Vol. 26, No. 3, p. 55 - 61.*Week 6: VB 27.3. Global Financial Markets; Financial Crises, Euro Crisis, Spillovers of Contagion and Stabilisation Policies.Reading: Various handouts and readings (Benacek, Mundell, Krugman, Wyplosz, Winiecki, De Grauwe, Razin, etc.).*Week 7:  3.4.  NO CLASSES (University Easter holiday).  *Week 8:  ZK 10.4. Regulation of the Globalised World Financial System. EU regulatory system. Political economy of exchange rates. Invited lecture by Dr. Z. Kudrna (Univ. of Vienna). The lecture will cover 3 hours: 12:30 - 13:50, 14:00 - 15:20.Reading:OHPE ch. 26: PE of Fiscal Institutions, p. 464-478;OHPE ch. 29: The Nonpolitics of Monetary Policy, Lohmann, p. 523-544;OHPE ch. 32: The PE of Exchange Rates, Lawrence Broz & Frieden, p. 588-597;OHPE ch. 44: European Integration, Eichengreen, p. 800-813*Week 9:  MP 17.4.  Political Economy of DevelopmentReading:OHPE ch. 37. Paths of Economic and Political Development, Acemoglu and Robinson, p.  673 - 692.OHPE ch. 39. The Role of the State in Development, Robert H. Bates, p. 708 - 722.Sen A. (2001) Development as freedom. Oxford University Press. (Introduction)*Week 10: MP 24.4. Corruption. International conflicts.Reading:Handout and slides.Mauro P. (1995). Corruption and growth.http://homepage.ntu.edu.tw/~kslin/macro2009/Mauro%201995.pdfOHPE ch. 46: Central issues in the study of international conflicts, Bueno de Mesquita, p. 832-851*Week 11:  1.5. NO CLASSES (socialist holiday) *Week 12:  8.5.  NO CLASSES (the V-day holiday)*Week 13: VB 15.5. Global Trade, Trade Regimes, Impediments to Free Trade and Trade Policies. Presentations of the outlines of final student papers (preliminary drafts).Reading: Handout;OHPE ch. 45: Trade, Immigration and Cross-Border Investment, Rogowski, p. 814-828;OHPE ch. 41: Economic Geography, Venables, p. 739-754. Final exam date (1st round): 29 May 12:30 - 13:50 (compulsory for all).Final exam makeup (remake I): 12 June 12:30 (Hall 206)Final exam makeup (remake II): 23 June 12:30 (Hall 206, confirmed).

Literatura

The Oxford Handbook of Political Economy (2008) edited by Barry R. Weingast and Donald A. Wittman (ISBN13: 9780199548477ISBN10: 0199548471) will be used as the main guidance. There will be selected chapters as mandatory readings.Additional Literature:BLYTH, M. (2009) Routledge Handbook of International Political Economy. London: Routledge.RAVENHILL, J. (2008) Global Political Economy. Oxford: Oxford University Press.SEN, A.K. (1999) Development as Freedom. New York: Knopf.Plus there will be book and journal articles, and handouts used also as guidelines for seminars.

Garant

doc. Ing. Vladimír Benáček, CSc.Mgr. Michal Paulus