...PoS131: International Political Economy TITLE One cannot speak of International Political Economy without at least wading through the fundamental debate between the degree of importance of political structures and market forces in economic development. This dynamic serves as one of the basic foundations of the discipline itself as well as subsequent major schools of thought. Theories in International Economy have been founded on empirical observations on the economic conditions of a set of cases and are, as Robert Cox posits, critical of the circumstances from which certain politico-economic configurations emerge[1]. A contemporary theory that has surfaced in the last few decades is the developmental state theory which sought to explain the precipitous economic progress of East Asian states after the Second World War. Although the initial outcome of adopting developmental strategies among East Asian states have shown the theory’s potency as a basis for economic development policies, subsequent events especially the results of Southeast Asian attempts to pattern itself after developmental strategies have put into question the developmental state’s efficacy as a long-term arrangement. Specifically, the Philippines’ status as an “anti-developmental” state[2] serves as a channel for criticism of the developmental state theory through other IPE theories not only in terms of strategies and policies, but also in the deeper level of societal conflict and political structures...
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...Syllabus INTA 3301: International Political Economy Spring 2013 Class meets MWF 1:05-1:55, Instructional Center 109 Instructor: Michael Murphree Sam Nunn School of International Affairs 137 Habersham Building Email: michael.murphree@gatech.edu Office Hours: Monday 2:00-3:00, 137 Habersham, or by appointment TA: Kathleen Thompson Email: kthompson136@gatech.edu Political economy is the study of the role of government, politics and collective human behavior in shaping economic outcomes. This exciting field is both old and new. Political economy predates both political science and economics but only reemerged as a distinct field in the 1960s and 70s. It is concerned with understanding how political forces (broadly defined) shape and are shaped by economic ones (broadly defined). There are many research and policy-relevant questions addressed in this field: 1. What is globalization and is it really good for everyone? 2. Is free trade really the only “appropriate” means for international exchange? 3. Why are some countries or regions rich while others struggle? 4. How did the global casino of high finance emerge and what is its purpose? 5. Is economic performance the root of power or power the root of economic performance? 6. What should be the role of government in the economy? 7. Is there a best practice for government economic policy or are there many workable practices? 8. Why has Asia seemed to perform so well over the last...
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...nternational political economy (IPE), also known as global political economy, is an academic discipline within the social sciences that analyzes international relations in combination with political economy. As an interdisciplinary field it draws on many distinct academic schools, most notably political science and economics, but also sociology, history, and cultural studies. The academic boundaries of IPE are flexible, and along with acceptable epistemologies are the subject of robust debate. This debate is essentially framed by the discipline's status as a new and interdisciplinary field of study. Despite such disagreements, most scholars can concur that IPE ultimately is concerned with the ways in which political forces (states, institutions, individual actors, etc.) shape the systems through which economic interactions are expressed, and conversely the effect that economic interactions (including the power of collective markets and individuals acting both within and outside them) have upon political structures and outcomes. IPE scholars are at the center of the debate and research surrounding globalization, both in the popular and academic spheres. Other topics that command substantial attention among IPE scholars are international trade (with particular attention to the politics surrounding trade deals, but also significant work examining the results of trade deals), development, the relationship between democracy and markets, international finance, global markets, multi-state...
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...Election year is always a difficult time for those who expect politicians and pundits to remain rational. The political maneuvering started a while ago and clean energy became another point of contention between various political factions. “ONE YEAR AGO TODAY, THE SOLAR MANUFACTURER SOLYNDRA FILED FOR BANKRUPTCY AFTER RECEIVING A $527 MILLION LOAN GUARANTEE. THE BANKRUPTCY SET OFF A POLITICAL FIRESTORM IN CONGRESS, AND EVENTUALLY WORKED ITS WAY INTO THE PRESIDENTIAL CAMPAIGN. TODAY, THE REPUBLICAN PARTY IS USING SOLYNDRA AS A KEY TOOL IN ITS CAMPAIGN AGAINST OBAMA — SMEARING THE ENTIRE CLEAN ENERGY INDUSTRY IN THE PROCESS.” (Lacey, 2012) Campaigns of this magnitude have a significant impact on the international political scene, and economic decisions. Considering that currently China has a very large and inexpensive manufacturing capabilities, as comparing to those in the U.S.; it should not come as a surprise that they can outperform Western (U.S.) manufactures. “PRICES OF SOLAR PANELS HAVE PLUMMETED, CAUSING A SUPPLY GLUT AND SLICING COMPANY REVENUES. SOLYNDRA'S COLLAPSE MARKED THE THIRD TIME IN AS MANY WEEKS THAT A SOLAR COMPANY DECLARED BANKRUPTCY. EVERGREEN SOLAR INC. OF MASSACHUSETTS AND SPECTRAWATT OF NEW YORK ALSO FILED FOR PROTECTION. (Mulkern, 2011). Clean energy is not only appealing to the United States, “THE CHINESE GOVERNMENT IS [also] INVESTING IN SOLAR PRODUCTION, WHICH HAS LED TO A BURST IN PRODUCTION THAT HAS BOOSTED SUPPLIES AND FORCED DOWN PRODUCT PRICES...
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...119-143. INTERNATIONAL-BUSINESS POLITICAL BEHAVIOR: NEW THEORETICAL DIRECTIONS JEAN J. BODDEWYN Baruch College THOMAS L. BREWER Georgetown University Alternative assumptions are advanced regarding the political nature of international business and the role of government as a factor of production, which firms must manage in their international valueadded chains. Based on a model oi business political behavior, various propositions are developed regarding the interactions among firm, industry, and nonmarket factors as well as the impact they have on various forms and intensities of political behavior, as affected by strategic objectives. Finally, the sfrategic-theorizing implications of such behavior are discussed in the context of the recent emphasis on resource-based models of strategy management. Research in international business (IB) is much more infused with a consideration of political factors than its domestic counterpart. Authors of IB studies have constantly mentioned and even emphasized government as a variable, rather than a constant or given, because international firms (exporters, importers, licensors, foreign direct investors, etc.) operate under a great variety of evolving political regimes that have an impact on these firms' entry, operation, and exit. When IB topics were first researched in a policy-oriented manner, Fayerweather (1969) stressed "the accommodation of interests and the resolution of conflict" between international firms and...
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...Public Procurement and supply law helps our organization in achieving the following: Promotes economy and efficiency in the use of public funds Kenya Meat Commission ensures that the public procurement procedure is conducted and the selection of tenderers made within the time limits and in the manner prescribed by this law, incurring as little costs as possible in the effecting public procurement. It provides for a fair Competition among the tenderers KMC do not limit competition among the tenderers; in particular, it does not prevent any tenderer from participating by unjustified use of the restricted procedure or by using discriminatory criteria. It promotes transparency of the organization in the use of public funds Public funds may be used only for the purposes determined by a contract concluded in the public procurement procedure. Through the Principle of Equality of Tenderers KMC may not impose conditions that would constitute territorial, subject or personal discrimination among tenderers or discrimination arising out of the classification of the business performed by the tenderers. It allows for the confidentiality of the contracts When disseminating technical specifications concerning the awarding of contracts to tenderers, KMC ensures the protection of confidentiality of the information placed at their disposal. It helps in Prevention of corruption Common measures for prevention of corruption may include, procurement officer drafting a plan and providing...
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...Assignment 4 Political Geography and International Economics Oct 18,2012 Question 1 answer： According the theory of external scale economic, it means when abundant companies in the same industry cluster within a small-scale location or specific geographic area, the average cost of their production will decrease, at the same time, the productivity will increase. External scale economic not only reduce the cost, but also force these companies to become more specialization under a competitive environment. Furthermore industry clustering also will attract numerous skilled and unskilled labours, and the transfer of labour in different firms also will promote the whole industry’s technology and knowledge. In addition, clustering helps to promote the development of peripheral industries. When 1898, the first U.S vehicle company Olds has been establish in Detroit. After that, with the development of modern automotive industry, amount of auto companies have been set up there. At the present time, Detroit gradually formed an external scale economic focus mainly on GM, Ford, Chrysler as center, supplemented with peripheral industries, such as auto accessory, auto Research and development. And because of the location of Detroit, which includes the Great Lakes, railways and three international airport terminals, efficient logistic system accelerates the development of external scale economic. In spite of...
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...fall of city-states and empires gave rise to the modern states. This can be seen as the cyclical notion of history. The international political system can be divided into sectors – military-political, economic, and sociocultural – that can confine the system into manageable aspects. The 21st century gave way to modernization. The advent of innovation increased the interaction of a unit to another unit. With the developing notion of globalization, an international political system...
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...Hans-Hermann Hoppe. p. cm. Includes index. © 2010 by the Ludwig von Mises Institute and published under the Creative Commons Attribution License 3.0. http://creativecommons.org/licenses/by/3.0/ Ludwig von Mises Institute 518 West Magnolia Avenue Auburn, Alabama 36832 mises.org ISBN: 978-1-933550-73-2 Socialism and Capitalism Hans-Hermann Hoppe A Theory of Acknowledgements Three institutions assisted me while I wrote this treatise. As a Heisenberg Scholar I enjoyed the most generous financial support from the German Science Foundation (DFG) from 1982 through 1986. The present study is the most recent work I completed during this period. Additional support came from the Johns Hopkins University Bologna Center for Advanced International Studies, where I spent the academic year 1984-1985 as a Visiting Professor. The lectures delivered there provided the core of what is presented here. Finally, during the academic year 1985/86, when my research took on its present form and which I spent in New York City, I received the most unbureaucratic and cordial help from...
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...access the political risk in that country. Political stability is the biggest reason to attract foreign investment. Here are some common questions they should be asking themselves: 1. Is the government stable? 2. Is the government a democracy or a dictatorship? 3. Is power concentrated in the hands of a few? 4. What is the extent of government’s involvement in the private sector? Etc. Before foreign investment it is important to assess if a country believes in free markets or government control in industry. The country’s view on capitalism is also a factor for business consideration. I think that stable political system builds a strong economic environment. With proper legal policies in place, a country’s economy is bound to benefit. Bribery is an important issue in international business and unfortunately a living reality. Even though the FCPA was structured to help the U.S. companies understand what is and what is not considered bribery in a foreign land, it is not always clear what is considered a bribe. I guess perception also plays a big role. What is considered bribery by the U.S. may be considered as a gift by other countries. Countries with severe bribery conditions are known to be the ones where poverty and weak economic conditions exist. Today many companies have written and provided formal set of procedures to their employees to help them stay away from bribing anyone intentionally or unintentionally. Like bribery, another issue in international business is...
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...It is of great endeavor but at the same time a challenge to be in the task of setting an interest in the context of the International Political System. Throughout the years this concept had been of great interest to a lot of thinkers and theorists in the international stage. It has been a concern since the International Political System like any other legal system varies between success and failure[ Fitzmaurice, G. (1956). The Foundations of the Authority of International Law and the Problem of Enforcement: Oxford University Press.]. For over the centuries that the world has been a home of chaos, the failures of such system had conquered its successes; failures that even renowned international organizations such as the League of Nations cannot...
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...al The cultural, political and legal environment of international business Abstract A study of the elements of a domestic market and those of an international market may reveal many crucial differences, especially political, legal and cultural differences. For example, the "rules of the game” of business in the international market are diverse, changeable and often unclear. The international firm may have to content with different legal and ethical standards in different host countries. In this paper the parameters of the political, legal, and the cultural environment of international business will be considered, The paper also relates how political, legal, and cultural incidents or situations may become roadblocks to the smooth operation of business ventures in foreign countries. Misunderstandings and breakdown in communication often arise from differences in perception by executives who are not from the same cultural, legal and political background. International investors need to know what elements in a foreign culture have the greatest influence over consumption patterns in general and particularly the consumption behaviour to their specific product. By reflecting on the language, religion, demography, climate, values and beliefs, education, labour, roles of women, family, ethnic groups and other similar elements, the international business person will be able to, not only participate in the international economy with a better perception of the situation, but also be able...
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...Critical Book Review: States and Markets Susan Strange 1993 Susan Strange wrote States and Markets in 1994 and it was amazingly predictive of the future of the Internal Political Economy or Global Political Economy (IPE or GPE). Although there are some blind spots in her theory and mode, and she was not able to predict many things. She was still able to accurately describe the four main structures, which affect structural and relational power structures thereby directly affecting IPE. * The model she proposes in this book is not based on rigid theories of international relations that give no room for debate, which are erroneously based on some preconceived assumptions. First, one must understand how the author defines certain ideas and concepts differently. According to Strange “ Firstly a great deal of social theory is no more then description” (Strange, 10, 1994). She expands with the facts are well known but are arranged in a different order or category (Strange, 10, 1994). Susan Strange’s security structure is not rigid, like most other security models and it does not dictate a set of conditions nor does it bias itself to one nation. It is not a uniquely American perspective that assumes military dominance nor is it a British Empire that demands subjugation. It is more easily applied to developing nations that lack the military might of a super power due to its assumption of conventional forces only and lack of military. She theorizes that without protection...
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...observance of faith. In general religion is a tricky topic to discuss and find a common ground for. For hundreds of years this topic has brought controversy between individuals, countries, and different religions. Although there really isn’t one profound solution to this topic that can please everyone around the world, there could be on that pleases at least 80-90%. People would argue that freedom of religion is not the same thing as freedom of speech and that if a country has freedom of religion they should not allow their people to also have freedom of speech. Both freedom of speech and freedom of religion, however, go under the UN’s Human Rights Committee. In 1966 the UN Human Rights Committee cooperated with the ICCPR, International Covenant on Civil and Political Rights, and established a treaty that “provides for freedom of opinion and expression and other fundamental rights.” In 1983 there was a debate of freedom of religion that resulted in a 4 paragraph resolution. Although, after that there was an intense 2 year debate that had a result of a 52 paragraph resolution written by the General Commissioner No. 34. It is eminent that the UN has been concerned and involved in this issue for over a 2 or 3 decades. In this 52 paragraph statement, it states that “laws against blasphemy or “religious insult” (found throughout the world, including half of all Council of Europe member states) are inherently discriminatory against secularists and religious dissenters.” This proves the UN’s...
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...INTERNATIONAL DOCTORAL STUDY ADMISSION APPLICATION PROCESS Application submitted via eVision Internationa Office send to department for approval Returned to International Office and processed Returned incomplete, sent back to department Emailed to GRS for approval at the weekly GRC meeting Candidate awaits outcome of Scholarship application Doctoral office emails result to the International Office who then update eVision Candidate accepts offer in eVision International Office emails confirmation of start date to GRS Awarded Declined Candidate Declines offer of place via eVision Doctoral Office processes enrolment Candidate completes declaration in eVision FINISHED! Updated 19 December 2014 INTERNATIONAL DOCTORAL STUDY ADMISSION APPLICATION PROCESS DEFINITION: International candidate = First year, never studied at the University of Otago before. Candidate makes application (Candidate has already received unofficial approval from the primary supervisor and their department before beginning the process) Candidate contacts the International Office and applies via eVision and the application goes to the International Office portal. Application is sent to the department for approval/signing by the following people; Primary supervisor, HOD primary department (if applicable), Dean (if applicable), PVC delegate for the Division If there are co-supervisors in any other departments it then goes to the following people within...
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