International Political Economy - LAW 252

The world economic system is now highly integrated, as reflected in the increased cross-border flows of capital and goods and in the activity of institutions like the World Trade Organization (WTO). In such a world, domestic political and economic dynamics have global implications, while international events also have far reaching effects domestically. This course serves as a basic introduction to the scientific study of International Political Economy (IPE), an interdisciplinary field that focuses on the interplay between economics and politics. The underlying theme in the study of IPE is that economics and politics are intrinsically linked, that economic choices and preferences affect political decisions and vice-versa. With that fundamental understanding, the course begins by examining the various schools and theoretical approaches for analyzing the relationship between economics and politics. The rest of the course enlists these different approaches to address a variety of topics and issues related to the IPE, from the internationalization of production and the challenges of financial liberalization to international development and the effects of globalization and the transformation of the state.
Language of Instruction: English (legal terms, however, are also given in Arabic and French).