This course provides an introduction to international political economy - the interface between international economics and international politics. This study is based on the assumption that in order to understand patterns of interaction and change at the global level, we need to look at both international politics and economics in an integrated manner.
1. International Political Economy • Concept of IPE • Historical Background
2. Theories/Approaches of International Political Economy • Mercantilism • Economic Nationalism
3. Classical and neo-Liberalism • Free trade • Economic Interdependence • Institutions
4. International Trade System • Trade Liberalization • GATT • WTO • The Political Economy of International Trade cooperation • Protectionism and new protectionism • A Society-Centered Approach to Trade Politics • A State-Centered Approach to Trade Politics
5. Global Financial and Monetary system • The Rise and Decline of Bretton Woods System • Global Monetary System after Bretton Woods • Global and regional financial crisis
6. Multinational Corporation in Global Economy • Multinational production and foreign investment in a global economy • Governing global firms: national and international rules
7. Global Economy and Regionalism • European Union • The ASEAN model of regional integration • Regional integration in other parts of the world
8. The Political Economy of the China-Pakistan Economic Corridor
9. The Political Economy of International Relations
International trade theory and policy
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Impact of international political economy on governance of pakistan
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