notespage: international political economy
This page will contain links to lecture notes and other class-related information, usually posted as a PDF file. BE ADVISED: I will not always be able to keep my instructional web site updated--some quarters, my schedule simply does not give me the time. I apologize in advance if this happens. On this point, please understand that PowerPoint notes are--with a few exceptions--provided strictly as an "extra" study tool for students.
lecture notes and related course material
Lecture Twelve (June 4) • These slides cover chapter 10: Economic Development. Be advised: While we did not complete our dicussion of the chapter in class, you are responsilbe for all the material contained in these slides.
Lecture Eleven (May 28 and June 2) • These slides cover chapter 8: The Global Division of Labor
Lecture Ten (May 21 and 26) • These slides cover chapter 7: Global Finance
"Nixon Ends Bretton Woods International Monetary System (Gold Exchange System" • This short video is the televised announcement by Richard Nixon discussing the "closing of the gold window" by the United States.
"Black Wednesday" • This video provides a brief overview of the ERM crisis in Great Britain, which took place in 1992. It helps the illustrate the Mundell-Fleming Model.
"1944 Bretton Woods Conference" • A very brief overview of the opening of the Bretton Woods Conference in 1994 (newsreel footage)
Lecture Nine (May 14 and 19) • These slides cover chapter 6: Transnational Prodcution
Lecture Eight (May 7 and 12) • These slides cover chapter 5: International Trade
In-class video. "The Truth Behind the WTO" • This video, shown in class, provides a very brief discussion of the WTO (and free trade) from a critical perspective.
Lecture Seven (April 30 and May 5) • These slides cover chapter 4: The Evolution of the World Economy, 20th Century.
In-class video. During the May 5 class session, we watched a short excerpt from Commanding Heights. This excerpt discusses the inter-war period, and specifcally looks at the consequences of war reparations on Germany and the stock market crash in the United States (of 1929).
Lecture Six (April 21 and 28) • These slides cover our discussion of the Marxist or critical perspective.
In-class video. During class, we viewed the video Island of Flowers (Ilha das flores), a Brazilian film. This film depicts, in an indirect but still quite powerful manner, key principles in the Marxist/critical perspective. In particular, it illustrates the logic of capitalism, a logic that reduces some human beings (without money) to a position lower than pigs.
Part 1, Island of Flowers
Part 2, Island of Flowers
Lecture Five (April 16) • Notes from this class session (completed on April 21) cover our discussion of liberalism.
Supplemental video on Keynes. We did not have time to watch the video on John Maynard Keynes in class; however, for students who are interested, you can find an interesting discussion of Keynes in the Commanding Heights series. Click here to go to the chapter menu. The two most relevant segments are: Chapter 4: A Capitalist Collapse and Chapter 6: Worldwide War (this is the chapter I had planned to show in class).
"Greed is good." Adam Smith helped clarify the idea that "greed is good," or rather that the pursuit of economic self-interest disciplined by competition in the market is socially beneficial. This idea, of course, is still with us today, although the intent of Smith's analysis is often overlooked. Surprisingly, perhaps, the original socially beneficially conception of greed was expressed quite nicely in the famous scene from Wall Street. Here is an extended clip from the film.
Lecture Four (April 14) • Notes from this class session cover our discussion of mercantilism (also known as economic nationalism, state power, and neo-mercantilism).
Be advised that much of the material in these notes are NOT covered in our assigned readings. It is therefore important that you review these notes directly (especially for the final examination)
Lecture Three (April 9) • Notes from this class session cover the second part of chapter one: "Three major figures and today's debates" in IPE. (Note: notes from our discussion on mercantilism will not be posted until next week)
Lecture Two (April 7) • Notes from this class session cover the first part of chapter one in Global Political Economy: Evolution and Dynamics. Be advised that some material covered in these notes was not discussed in class. You are responsible for all material in the notes. NOTE: These ar large files, so downloading may take some time.
In class video: scenes from Commanding Heights • For students who wish to re-watch the video shown in class today, you can go to the PBS website on Commanding Heights: we viewed chapter 11 ("Global Contagion Begins") and chapter 12 ("Contagion Engulfs Asia")
The entire 3-part, 6 hour series can also be viewed online. The PBS site also provides transcripts and other useful information. A companion book is also available on Amazon.com: The Commanding Heights : The Battle for the World Economy by Daniel Yergin.
Lecture One (April 2) • Click the link below to download notes from our first class meeting.