SemesterSpring Semester, 2025
DepartmentInternational Master's Program in International Studies, First Year International Master's Program in International Studies, Second Year
Course NamePolitical Economy
InstructorCHANG CHIA-CHIEN
Credit3.0
Course TypeRequired
Prerequisite
Course Objective
Course Description
Course Schedule


















































































































































































週次



Week



課程主題



Topic



課程內容與指定閱讀



Content and Reading Assignment



教學活動與作業



Teaching Activities and Homework


 

學習投入時間



Student workload expectation



課堂講授



In-class Hours



課程前後



Outside-of-class Hours



1


Introduction: What is Political Economy (2/20)

Introducing the syllabus



Main Theme: What is Political Economy



Seminar Discussion


 

3



3



2


The Theoretical Paradigms & Analytical perspectives of IPE (2/27)

 




  • Robert Gilpin, 2001 Global Political Economy . [This is an updated version of Gilpin, The Political Economy of International Relations, 1987.] Ch. 1-2




  • David Lake (2009), “Open Economy Politics: A Critical Review,” Review of International Organizations 4:3, 219-244.

  • Thomas Oatley (2011), “The Reductionist Gamble: Open Economy Politics in the Global Economy,” International Organization 65:2 (Spring), 311-341.

  • Hobson, J., & Seabrooke, L. (Eds.). (2007). Everyday Politics of the World Economy. Cambridge: Cambridge University Press. Ch.1 (Introduction) doi:10.1017/CBO9780511491375

  • Hafner-Burton, E. M., Haggard, S., Lake, D. A., & Victor, D. G. (2017). The Behavioral Revolution and International Relations. International Organization71(S1), S1–S31. http://www.jstor.org/stable/44651962

  • Davis, J. W., & McDermott, R. (2021). The Past, Present, and Future of Behavioral IR. International Organization75(1), 147–177. https://www.jstor.org/stable/27104630



Seminar Discussion


 

3



8~12



3


The Political Economy of International Trade (3/6)

 




  • *Michael Hiscox (2001), “Class Versus Industry Cleavages: Inter-Industry Factor Mobility and the Politics of Trade,” International Organization 55:1 (Winter), 1-46.

  • *Helen Milner with Keiko Kubota (2005), “Why the Move to Free Trade? Democracy and Trade Policy in the Developing Countries,” International Organization 59:1 (Winter), 107-143.

  • *Gowa, Joanne S., and Edward D. Mansfield. 1993. “Power Politics and International Trade.” American Political Science Review 87 (2): 408–20. (12 pp.)

  • *Diana C. Mutz and Eunji Kim, “The Impact of In-Group Favoritism on Trade Preferences,” International Organization 71, no. 4 (ed 2017): 827–50.

  • Rogowski R. Political Cleavages and Changing Exposure to Trade. American Political Science Review. 1987;81(4):1121-1137. doi:10.2307/1962581

  • Matthew DiGiuseppe & Katja B. Kleinberg (2019) Economics, security, and individual-level preferences for trade agreements, International Interactions, 45:2, 289-315, DOI: 10.1080/03050629.2019.1551007

  • Jeffry Frieden, Attitudes, Interests, and the Politics of Trade: A Review Article, Political Science Quarterly, Volume 137, Issue 3, Fall 2022, Pages 569–588, https://doi.org/10.1002/polq.13360



     # Brutger, R., Chaudoin, S. & Kagan, M. "Trade Wars and Election Interference." Rev Int Organ 18, 1–25 (2023). https://doi.org/10.1007/s11558-022-09464-2



Seminar Discussion


 

3



8~12



4


The Political Economy of International Finance and Financial Crises (3/13)

  • *Jeffry Frieden (1991), “Invested Interests: The Politics of National Economic Policies in a World of Global Finance,” International Organization 45:4 (Autumn), 425-451.

  • *Simmons BA. Rulers of the game: central bank independence during the interwar years. International Organization. 1996;50(3):407-443. doi:10.1017/S0020818300033439; or 

    • *Best, J. (2025). The fragility of depoliticization: revisiting the history of Central bank inflation-management. Review of International Political Economy, 1–27. https://doi.org/10.1080/09692290.2024.2444365



  • *Lee, Y. W., & Lim, K. (2024). Status quo crisis again? RMB challenges and dollar hegemony. New Political Economy29(5), 709–732. https://doi.org/10.1080/13563467.2024.2332348

  • *Lipscy, Phillip Y. 2018. “Democracy and Financial Crisis.” International Organization 72 (04): 937–68. (31 pp.)

  • *Lipscy, Phillip Y. and Lee, Haillie Na-Kyung 2019. “The IMF As a Biased Global Insurance Mechanism: Asymmetrical Moral Hazard, Reserve Accumulation, and Financial Crises.” International Organization, Vol. 73, Issue. 02, p. 489.

  • Frieden, Jeffry A. 2015. “Chapter 1: Introduction: The Political Economy of Currency Choice,” Currency Politics: The Political Economy of Exchange Rate Policy. Princeton, NJ: Princeton University Press. (http://press.princeton.edu/chapters/i10364.pdf). (18 pp.)

  • J. Lawrence Broz and Seth H. Werfel, “Exchange Rates and Industry Demands for Trade Protection,” International Organization, 68 (2014), pp 393-416

  • Stephen C Nelson and Peter J Katzenstein. Uncertainty, risk, and the financial crisis of 2008. International Organization, 68(2):361-392, 2014.

  • Quinn DP, Sattler T, Weymouth S. Do Exchange Rates Influence Voting? Evidence from Elections and Survey Experiments in Democracies. International Organization. 2023;77(4):789-823. doi:10.1017/S002081832300022X



#       J. Bradford Jensen, Dennis P. Quinn and Stephen Weymouth, “The Influence of Firm Global Supply Chains and Foreign Currency Undervaluations on US Trade Disputes,” International Organization, 69(2015), pp 913-947



#Cohen, B. J. (2015). Currency power: understanding monetary rivalry. Princeton: Princeton University Press. Ch. 1 & 3;



#Benjamin J. Cohen, Currency Statecraft (Chicago University Press, 2019)t, ch. 1-3.



Seminar Discussion


 

3



8~12



5


The Political Economy of Technological Advancement/ Economic Upgrading (3/20)

  • *ACEMOGLU D, ROBINSON JA. Economic Backwardness in Political Perspective. American Political Science Review. 2006;100(1):115-131. doi:10.1017/S0003055406062046; or (for people like a more technical paper, see following)


  • *Kennedy, A. B. (2024). The process of paradigm change: the rise of guided innovation in China. Review of International Political Economy31(4), 1220–1244. https://doi.org/10.1080/09692290.2023.2280974

  • *Ding, J. (2023). The diffusion deficit in scientific and technological power: re-assessing China’s rise. Review of International Political Economy31(1), 173–198. https://doi.org/10.1080/09692290.2023.2173633

  • *Malkin, A., & He, T. (2023). The geoeconomics of global semiconductor value chains: extraterritoriality and the US-China technology rivalry. Review of International Political Economy31(2), 674–699. https://doi.org/10.1080/09692290.2023.2245404

  • *Vaynman J, Volpe TA. Dual Use Deception: How Technology Shapes Cooperation in International Relations. International Organization. 2023;77(3):599-632. doi:10.1017/S0020818323000140 

  • Seth Schindler, Ilias Alami, Jessica DiCarlo, Nicholas Jepson, Steve Rolf, Mustafa Kemal Bayırbağ, Louis Cyuzuzo, Meredith DeBoom, Alireza F. Farahani, Imogen T. Liu, Hannah McNicol, Julie T. Miao, Philip Nock, Gilead Teri, Maximiliano Facundo Vila Seoane, Kevin Ward, Tim Zajontz & Yawei Zhao (2023) The Second Cold War: US-China Competition for Centrality in Infrastructure, Digital, Production, and Finance Networks, Geopolitics, DOI: 10.1080/14650045.2023.2253432

  • Dauvergne, P. (2020). Is artificial intelligence greening global supply chains? Exposing the political economy of environmental costs. Review of International Political Economy29(3), 696–718. https://doi.org/10.1080/09692290.2020.1814381



 



Seminar Discussion


 

3



8~12



6


Guest Lecture on US-China High-Tech Competition (3/27)

Guest Lecture: Make Chips Great Again? Silicon Shield 2.0 under Trumpism. By Dr. Chou Kuan-chu (Jack Chou)


Take-Home Mid-Term Exam  

48



8~12



7



NO CLASS


Children’s Day, Qingming Festival (4/3)
    It's holiday, have fun!  NO CLASS  

 



 



8


Take-Home Mid-Term Exam (4/10) Take-Home Mid-Term Exam Guest Lecture & Seminar Discussion  

3



8~12



9


Guest Lecture on Immigration (4/17)

  • Peng, Ito, and Joseph Wong. 2010. "East Asia." In The Oxford Handbook of the Welfare State edited by Stephan Leibfried Francis G. Castles, Jane Lewis, Herbert Obinger, and Christopher Pierson, 656-670. Oxford, New York: Oxford

  • Peng, Ito, and Yi-Chun Chien. 2018 "Not all in the same family: Diverging approaches to family policy in East Asia" Handbook of Family Policy. Edward Elgar Publishing. . Song, Jiyeoun.

  • 2015. "Labour markets, care regimes and foreign care worker policies in East Asia." Social Policy & Administration 49 (3):376-393.



Seminar Discussion


 

3



8~12



10



Development and FDI(4/24)



 




  • Nita Rudra (2002), “Globalization and the Decline of the Welfare State in Less-Developed Countries,” International Organization 56:2 (Spring), 411-445.



 




  • Li, Quan and Adam Resnick. 2003. “Reversal of Fortunes: Democratic Institutions and Foreign Direct Investment Inflows to Developing Countries.” International Organization 57 (1): 175- 211.



 




  • Quan Li and Adam Resnick (2003), “Reversal of Fortunes: Democratic Institutions and Foreign Direct Investment Inflows to Developing Countries,” International Organization 57:1 (Winter), 175-211.



Seminar Discussion


 

3



8~12



11



 Environment and Resource Curse (5/1)




  • Halvor Mehlum, Karl Moene, and Ragnar Torvik (2006), “Cursed by Resources or Institutions?,” The World Economy 29:8 (August), 1117-1131.



 




  • Jennifer Clapp and Eric Helleiner (2012), “International Political Economy and the Environment: Back to the Basics?,” International Affairs 88:3 (May), 485-501.

  • Brooks, Sarah M., and Marcus J. Kurtz. 2016. “Oil and Democracy: Endogenous Natural Resources and the Political ‘Resource Curse.’” International Organization 70 (2): 279–311

  • Solingen, Etel, "Pax Asiatica versus Bella Levantina: The Foundations of War and Peace in East Asia and the Middle East." American Political Science Review Vol. 101, No. 4 (November 2007).



 



    #Dreher, Axel, Andreas Fuchs, Brad Parks, Austin M. Strange, and Michael J. Tierney. 2018. “Apples and Dragon Fruits: The Determinants of Aid and Other Forms of State Financing from China to Africa.” International Studies Quarterly 62 (1): 182–94. (12 pp.)



Seminar Discussion


 

3



8~12



12



International Governance (5/8)




  • Charles Kindleberger, The world in depression 1929-1939 (Berkeley: University of California Press, 1973), ch.1, 14

  • Robert O. Keohane, 1984. After Hegemony: Cooperation and Discord in the World Political Economy Princeton: Princeton University Press,), pp.65-109.

  • Drezner, Dan. 2014. “The System Worked: Global Economic Governance During the Great Recession.” World Politics 66 (1): 123-164.



#Drezner, D. (2020). The Song Remains the Same: International Relations After COVID-19. International Organization, 1-18.



#Allison, Graham T. 2015. “The Thucydides Trap: Are the U.S. and China Headed for War?” The Atlantic. Copy at http://www.tinyurl.com/y6dep3nl



#Nye, Joseph.“The Kindleberger Trap.” Project Syndicate, January 9, 2017



Seminar Discussion


 

3



8~12



13



Economic Inequality and Crypto-Currency (5/15)




  • Rajan, Raghuram. 2010. Fault lines: how hidden fractures still threaten the world economy. Princeton, N.J.: Princeton University Press. Intro & Ch.1

  • Kumhof et al.(Kumhof, Michael., Claire Lebarz, Romain Rancière, Alexander W. Richter, and Nathaniel A. Throckmorton). 2012. “Income Inequality and Current Account Imbalances.” (January 2012). IMF Working Paper No. 12/8. Available at SSRN: http://ssrn.com/abstract=2613291

  • Hyoung-kyu Chey. 2022. Cryptocurrencies and the IPE of money: an agenda for research. Review of International Political Economy. https://doi.org/10.1080/09692290.2022.2109188



Seminar Discussion


 

3



8~12



14


The Political Economy of International Security & the Security Implications of World Economic Interdependence (5/22)

 




  • Farrell, Henry and Abraham Newman. 2019. ‘Weaponized Interdependence: How Global Economic Networks Shape Global Coercion.’ International Security. 44: 1. Summer. Pp. 42-79

  • Stephen E. Gent and Mark J.C. Crescenzi. 2021. Market Power Politics: War, Institutions, and Strategic Delay in World Politics. Oxford University Press

  • Queralt, D. (2019). War, International Finance, and Fiscal Capacity in the Long Run. International Organization, 73(4), 713-753. doi:10.1017/S0020818319000250

  • Schultz, Kenneth and Barry Weingast. 2003. “The Democratic Advantage: The Institutional Sources of State Power in International Competition” International Organization 57 (winter): 3-42.



Seminar discussion


 

3



8~12



15


Globalization, Crisis and Dynamics (5/29)

 




  • Beth Simmons, Frank Dobbin, and Geoffrey Garrett (2008), “Introduction: The Diffusion of Liberalism,” in Beth Simmons, Frank Dobbin, and Geoffrey Garrett, eds. (2008), The Global Diffusion of Markets and Democracy, 1-63.



 



 




  • Rodrik, D. (2011). The globalization paradox: why global markets, states, and democracy can't coexist. New York: Oxford University Press. Ch7.




  •  



Seminar discussion


 

3



8~12



16



Conclusion &



Presentation Week (6/5)



Presentation Week



 



 



Student Final Presentation


 

3



24



17



Paper writing



Paper Writing



Paper Writing


 

3



24



18



Paper Writing



FINAL PAPER Week



Final Paper Submission



NO CLASS



NO CLASS



3



12



Teaching Methods
Teaching Assistant

 



吳佩甄 Elva



112862006@g.nccu.edu.tw


Requirement/Grading

Evaluations




  1. Course Participation: 25%


    1.  News Sharing Presentation of IPE: 5%

    2.  Discussion Leader (once) : 10%(Prepare Presentation Slides and upload to the course website 24 hours before the course)

    3.  General Course Participation (do the reading and come to the class with questions or comments):  10%



  2. Mid-term exam: 20%

  3. Review Article (3~5 pages): 10%(Article should be submitted to the course website 24 hours before the course)

  4. Final Research Paper45%  (Oral Presentation: 10%, and Final Paper: 35%)


Textbook & Reference
Urls about Course
Attachment