MVZn4204 International Political Economy of Economic Development

Faculty of Social Studies
Autumn 2023
Extent and Intensity
1/1/0. 4 credit(s). Type of Completion: zk (examination).
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 U43
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 References: Madison 2001, pp. 29-52 (43 p.); Landes 1999, pp. 29-60 (31 p.). 3) Western success - examples of European leaders, institutions, innovation, trade, exploitation References Chang 2007, pp. 1-69 (68 p.); Madison 2001, pp. 53-167 (114 p.); Landes 1999 pp. 168-213 (45 p.); Eckes, A. E. (1999). Opening America's market: US foreign trade policy since 1776. Chapell Hill: University of North Carolina Press. 4) Seminar I.: The Western Development Model - Cultural Values, Geographical Conditions, Colonialism. Thesis: Western success is largely the result of historical accident, superiority in the use of force, exploitation of foreign resources, and colonialism. Chang 2007, pp. 167-206 (39 p.); 5) Agricultural productivity as a basic condition for economic development Literature: Bhattacharyya, S. (2017). The historical origins of poverty in developing countries. The Oxford Handbook of the Social Science of Poverty, 270-292. 6) Development strategy - Import substitution: historical causes, course, outcomes and consequences Literature: Oatley 2019, pp. 164-191 (28 p.); Kiely 2007, pp. 42-58 (16 p.); Irwin, pp. 116-153 (37 p.); Bértola, L., & Ocampo, J. A. (2012). The economic development of Latin America since independence. Oxford: Oxford University Press. 7) Economic Reforms - Neoliberalism: the crisis of the developmental state and structural adjustment, the context of the turnaround, the Asian Miracle controversy References: Oatley 2019, 192-220 (29 p.); Gilpin 2001, 305-341 (36 p.); Chang 2007, 89-109 (20 p.) and 109-135 (26 p.); Kasahara, S. (2013). The Asian developmental state and the flying geese paradigm. 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. References: Chang 2007, 135-145 (10 pp.) and 69-89 (20 pp.). 10) Developing countries' debt crisis - Latin America: causes, dynamics, attempts at resolution, dispute over interpretation References: Oatley 2019, 399-427 (29 p.). 11) Financial and monetary crises in developing countries - Asia and Latin America: causes, dynamics, solutions, dispute over interpretation References: Oatley 2019, 428-453 (26 p.); Gilpin 2001, 313-332 (19 p.). 12) Seminar III: International Finance and Economic Development. Thesis: What are the benefits and threats of external financing for national economic development? Kregel 2004, 1-19 (19s.).
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 are obliged to submit three preparation papers to the extent of 3600 signs for each seminar. The preparation papers should be submitted in the IS system two days before each seminar at latest. The preparation papers will be elaborated in groups of three people. Formulation of own attitude as a basis for discussion is supposed to be included in the text. Students should be able to interpret and defend their position if asked to. Students can get three points for the preparation paper of appropriate quality. The course is finished by graded test. The test contains four open questions based upon lectures and obligatory bibliography. Open questions will be scored in the range of 0-4 points. 15 points are needed to graduate the course.
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 2024.
  • Enrolment Statistics (Autumn 2023, recent)
  • Permalink: https://is.muni.cz/course/fss/autumn2023/MVZn4204