MVZn4204 International Political Economy of Economic Development

Faculty of Social Studies
Autumn 2024
Extent and Intensity
1/1/0. 4 credit(s). Type of Completion: zk (examination).
In-person direct teaching
Teacher(s)
Mgr. Vladan Hodulák, Ph.D. (lecturer)
doc. Mgr. et Mgr. Oldřich Krpec, Ph.D. (lecturer)
Guaranteed by
doc. Mgr. et Mgr. Oldřich Krpec, Ph.D.
Department of International Relations and European Studies – Faculty of Social Studies
Contact Person: Olga Cídlová, DiS.
Supplier department: Department of International Relations and European Studies – Faculty of Social Studies
Timetable
Thu 10:00–11:40 U42
Prerequisites (in Czech)
! HMV405 IPE of Econ. Devel.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The issue of economic development is a central one within the international political economy. Economic development will be discussed in number of perspectives during the course. The first perspective will cover the history of economy. The origin and the development of world economy and its particular centers will be presented. In this context, the issue of development is connected with searching for causes of wealth of contemporary developed countries. It is a "historical recipe" for the economic development. The second perspective will be a theoretical discussion about some of the key issues (the international trade and finances, the international institutions and aid, the multinational corporations and foreign direct investments, the international implications of domestic economic policies of certain countries, the international political structures, the colonial heritage, the neo-imperialism, and the hegemony). The third perspective will cover a dispute over the interpretation of specific periods and aspects of functioning of the contemporary world economy (the position of dependency versus neo-liberalism in the international trade and finances from 1945 till present). At the end of the course, students should be able to apply theoretical concepts (neo-liberalism, neo-Marxism, the dependency theory, the theories of state development and others) on the issue of economic development. Students will cultivate their interpretive skills and will be able to to evaluate applied policies. The aim of the course is to stimulate a critical reflection of key issues as well. This should lead to reasoned recommendations of future policies addressing specific problems in concerned regions.
Learning outcomes
The student will be able to reflect professionally on the subject matter in the context of the theory of the discipline and will have a solid factual basis to formulate professional conclusions on the given issue.
Syllabus
  • 1) Familiarization with syllabus, requirements, literature
  • 2) Stagnation and dynamics - world product and population dynamics, regional differences, world transformation, divergence and convergence
  • 3) Western success - examples of European leaders, institutions, innovation, trade, exploitation
  • 4) Agricultural productivity as a basic condition for economic development
  • 5) Seminar I.: The Western Development Model - Cultural Values, Geographical Conditions, Colonialism.
  • 6) Development strategy - Import substitution: historical causes, course, outcomes and consequences
  • 7) Economic Reforms - Neoliberalism: the crisis of the developmental state and structural adjustment, the context of the turnaround, the Asian Miracle controversy
  • 8) Seminar II: International Trade and Economic Development. Thesis: Is the liberal regime really a universal recipe for economic development?
  • 9) Finance and International Development.
  • 10) Developing countries' debt crisis - Latin America: causes, dynamics, attempts at resolution, dispute over interpretation
  • 11) International finance and development since 1989
  • 12) Seminar III: International Finance and Economic Development. Thesis: What are the benefits and threats of external financing for national economic development?
  • 13) Final discussion
Literature
    required literature
  • KIELY, Ray. The new political economy of development : globalization, imperialism, hegemony. New York: Palgrave Macmillan, 2007, viii, 333. ISBN 9781403999979. info
  • MADDISON, Angus. The world economy. Edited by Angus Maddison. Paris, France: Development Centre of the Organisation for Economic Co-operation and Development, 2006, 653 s. ISBN 9264022619. URL info
    not specified
  • • Kasahara, S. (2013). The Asian developmental state and the flying geese paradigm.
  • Farkas, B. (2016) Models of capitalism in the European Union: Post-crisis perspectives. Springer.
  • • Bértola, L., & Ocampo, J. A. (2012). The economic development of Latin America since independence. Oxford: Oxford University Press.
  • • Findlay, R., & O'rourke, K. H. (2009). Power and plenty: trade, war, and the world economy in the second millennium. In Power and Plenty. Princeton University Press.
  • GALOR, Oded. The journey of humanity : the origins of wealth and inequality. First edition. New York: Dutton, 2022, ix, 287. ISBN 9780593185995. info
  • OATLEY, Thomas H. International political economy. Sixth edition, international. New York: Routledge, Taylor & Francis Group, 2019, xvii, 393. ISBN 9781138390348. info
Teaching methods
Lectures, disccusion of selected topics based on compulsory texts, elaboration of position papers, group work and presentation of conclusions, analysis of empirical facts and its interpretation, formulation of recomendations regarding the suitable policies concerning selected issues.
Assessment methods
Students will submit a total of three papers for seminars with a maximum of 5,400 characters. The papers must be submitted to the corresponding IS homweork vault no later than two days before the seminar. The paper will be written in groups of two or three (recommended). The content of the text will be the formulation of the own position as a basis for the discussion of the issues that are the subject of the seminar. Students are expected to be able to present and defend their position when called upon. Up to 5 points will be awarded for preparing a paper of sufficient quality and presenting it actively.
The course ends with a test. The test contains 2 open questions from the lectures and assigned literature. Individual questions will be scored from 0-10 points.
Grading: A: 31-35 B: 28-30 C: 25-27 D: 22-24 E: 19-21 F: 0-18
Language of instruction
Czech
Further Comments
Study Materials
The course is taught annually.
The course is also listed under the following terms Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023.
  • Enrolment Statistics (recent)
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