Domestic Politics in the Global Economy

Course Description: 

Following decades of political liberalization and increasingly globally integrated markets, domestic politics in many democratic countries have begun to swing towards de-globalization and de-liberalization as mainstream policy objectives. Within this contemporary context, the advanced elective course will overview an academic literature that examines how the economic consequences of globalization affect domestic political behavior. The first three sessions will review the canonical economic models of international trade, international factor mobility, and protectionist trade policy. We will then cover contemporary research that quantitatively relates domestic politics to the following issues of economic integration: (i) international trade, (ii) immigration, (iii) international finance, (iv) labor-saving technology diffusion, (v) cultural convergence, and (vi) global macroeconomic business cycles. The overarching goal of the course is to encourage original thought as to how a political interpretation of standard international economic theory may be useful in explaining current political trends towards de-globalization.

Learning Outcomes: 
  •  Think broadly about how economic globalization affects domestic economies within the context of international economic theory
  •  Evaluate the theoretical and empirical distributional consequences of policies that promote or restrict economic globalization
  •  Analyze how the distribution of economic gains and losses from globalization affects domestic political behavior
  •  Critically appraise cutting-edge quantitative research methods in the social sciences and work to incorporate the methods into individual research questions
  •  Develop and refine a literature review that cuts across international economics and political science
Assessment: 
  •  Attendance and participation (10%)
  •  Reading response notes (35%)
  •  Discussion openers (20%)
  •  Final research assignment (35%)
Prerequisites: 

The literature covered is all from the quantitative social sciences and, as such, literacy in basic economic theory and inferential statistics is a pre-requisite. Previous coursework in econometrics is an advantage, but not required.

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