Department of Political
Science, University of Ghana
Instructor: Bossman E. Asare (Office of HOD)
bossasare@gmail.com/ beasare@ug.edu.gh
COURSE TITLE : POLITICS OF INTERNATIONAL
ECONOMIC RELATIONS
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COURSE CODE : POLI 445
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Purpose and
Objectives
This course offers an introduction to the political and
economic relations among countries and international organizations in the
global system. Within the broader
family of international relations, international political economy (IPE), or
politics of international economic relations, is primarily concerned with the
interactions between political actors and economic forces in the global
system. Scholars in the field of international political economy have divided
it into several parts, including the international trade system, theories
that explain economic relations, globalization, multinational corporations,
economic development, the international monetary system, etc. The class is
intended to help students appreciate how each division (though they all tend
to work in tandem in the global economy), shapes global economic
relations. The course also renders
some investigative frameworks: Why global north countries dominate trade
politics? What explain/s the marginal role played by global south countries
in the international economy? The role of multinational corporations in the
developing world; The contents and discontents of globalization; How
regionalism could leapfrog the economies of the global south? The role of
non-state actors in the global economy; and among others.
By the end of the class, students will understand how
political actors shape the global economy; the theories that explain the role
of both rich and poor countries in the global economy; why Africa has less
influence on the global economy; the international institutions that shape
the economic policies of global south countries; why regionalism has not
achieved the desired results in Africa; Statist and Societal explanations of
trade policies; and the controversies surrounding globalization. Each student
must come to class ready to discuss the assigned readings in a more coherent
fashion. All the assigned readings are meant to be read and discussed. Note that
students who read regularly tend to do substantially better than others who
do not read regularly.
Reading Materials
Thomas Oatley (2013), International Political Economy
(fifth Edition): Interests and Institutions in the Global Economy, Pearson
Longman.
Bossman E. Asare (2016). International Politics: The
Beginner’s Guide- Updated and Expanded, Digibooks, Ghana.
Charles W. Kegley Jr. and Shannon
L. Blanton (2010). World
Politics: Trend and Transformation, Wadsworth: Cengage Learning, USA.
Robert Gilpin (2000). The Challenge of Global Capitalism:
The World Economy in the 21st Century, Princeton
Richard Payne (2007). Global Issues: Politics, Economics,
and Culture. New York: Pearson Longman.
John Ravenhill (Editor) (2005). Global Political Economy. Oxford
University Press.
Joseph Stiglitz (2003). Globalization and its Discontents.
Norton, USA.
Martin Wolf (2001). Will the Nation-State Survive
Globalization? Foreign Affairs
Joshua Golstein and Jon Pevehouse (2006).
International Relations,
Pearson Longman, USA.
Exams
Final
exams will consist of a combination of fill in the blanks, short essays, and
long essay questions. The final is cumulative, with questions ranging from
the first day to the last day of class. The Interim Assessment (20 %) will
involve fill-in-the-blanks and short essay questions. The IA will focus on
certain areas. The date for the IA will be announced in class.
Term Reflective Paper
Each
student should respond to the question below in 1000-1200 words long,
12-point font, and double-spacing: critically
examine how globalization can promote the economic development of poor
countries in the global system. The paper (10%) is due on the fourth week
at class time.
Civility
Civility
in the classroom is expected of all students. Students who disrupt class to
the extent that other’s educational opportunities are diminished may be asked
to leave the classroom. Cell phones must be turned off at all times in the
classroom.
Communicating with your Instructor
Feel free to stop by and discuss academic
matters or concerns with me in the office. All emails sent to me should
include POLI 445 in the subject
line.
Class Attendance and Participation
Attendance will be monitored every class session, and
students are expected to regularly and relevantly contribute to class
discussions by raising questions and making salient comments. For the purpose
of class participation, which is compulsory, students are encouraged to bring
clippings to class and initiate discussions on them or simply discuss what
they have heard or read in the news that relate to the themes covered in the
course. Some good sources of such material are the New York Times online,
Yahoo news, BBC, Reuters, Associated Press, Google News, The Economist, CNN,
DW TV, Google News, Al Jazeera, and so forth. This will be an opportunity for
students to make oral contributions, in addition to the regular lectures and
discussions.
Learning Disability Students
Any
student with an officially recognized disability should make fitting
arrangements with the university, not the instructor.
Plagiarism and Cheating
Plagiarism,
which is representing somebody’s work as your own, as well as cheating in all
forms, must be avoided. The consequences of these behaviors are not worth
mentioning in this class.
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Week No.
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Date
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Lecture
Course
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Tutorials
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Venue
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Assessment/Readings
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1
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23rd 25th
August
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Introduction
to course and explanation of key terms and key themes in Politics of
International Economic Relations
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Lecture: JQB 14
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Oatley
chapter 1 and Gilpin read introduction
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2
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30th
August
Sept 1
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Theories
of International Political Economy
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One hour-week
one lectures
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Lecture: JQB 14
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Oatley
chapter 1
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3
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6th
8th September
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Intergovernmental
Organizations and the Global Political Economy-The World Trade Organization
and the World Trade System, The World Bank and European Regional Integration
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Week 2
lecture discussions
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Lecture: JQB 14
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Asare chapter 5, Oatley Chapter 2, Gilpin chapter
7
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4
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13th
15th September
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Continue
from week 3
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Weeks 3 /4
lectures discussions and questions
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Lecture: JQB 14
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Asare chapter 5, Oatley Chapter 2, Gilpin chapter
7
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5
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20th
22nd September
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Import-Substitution
Industrialization
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Role of
ISI’s in development
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Lecture: JQB 14
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Oatley
Chapter 6
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6
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27th
29th September
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A
Society-Centered Approach to Trade Politics
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Discuss
the role of interest groups
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Lecture: JQB 14
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Oatley
Chapter 4
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7
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4th
6th October
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A
State-Centered Approach to Trade Politics
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Statists
explanation for economic development
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Lecture: JQB 14
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Oatley
Chapter 5
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8
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11th
13th October
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Multinational
Corporations in the Global Economy
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A
discussion of the role of MNCs in the developing
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Lecture: JQB 14
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Asare Chapter 8, Oatley Chapters 8 & 9,
Gilpin chapter 8
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9
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18th
20th October
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Globalization
and international trade
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The
discontents and contents of globalization
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Lecture: JQB 14
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Asare
chapter 9, Kegley chapters 9 & 10, Payne chapters 1, 6, 10 &11,
Gilpin chapter 10
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10
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25th
27th October
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Continue
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Continue
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Lecture: JQB 14
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Continue
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11
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November 1st
3rd
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Terrorism
and the global economy
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Militant
activities and the global economy
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Lecture: JQB 14
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Asare
chapter 7 Cindy
Combs (2011, 6th edition) Terrorism in the Twenty-First Century
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12
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November 8th
10th
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Regional
Integration African Regionalism
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The role
of integration in Africa’s development
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Lecture: JQB 14
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Joshua
Golstein and Jon Pevehouse chapter 10, Gilpin chapter 9, Asare chapter 5,
Kegley chapters 6 and 14
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13
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November
15th 17th
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Class
discussions on Africa in the Global Political Economy and Revision
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Revision
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Lecture: JQB 14
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14 - 16
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Final Exam
(70%)
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