Questions related to International Political Economy
I want to focus upon the external dimension of European Green Deal. Since I am a student of International Economics, I would prefer working within the field of International Relations/ International Political Economy.
COVID-19 exposed many divisions among countries and prevented the formation of a united front to combat this pandemic. Even the very closely networked blocs such as ASEAN and EU failed to coordinate their efforts to combat COVID-19 because of national interest. Undermining the world organizations such as WHO, ICOJ, and the United nation various agencies are not painting a very good picture of what to come in the future. Can globalization survive?
This is a theoretical question that endeavors to address contemporary issues. My frame of reference is that world peace is the ideal. In conflict situations, what form of geopolitical combat might be the best or the most effective pathway to peace and national and international security?
How this coopration may change the regional balance of power and if the Persians deciding to such variant of cooperation will be able to protect themselves from the political protectorate?
Covid-19 provided the added fuel needed by the fire of nationalism/regionalism to gain further strength. Many countries believe that they have to protect the national interest by relying on local resources and expertise. This is leading to a race for the development of a vaccine by many countries. Is this helpful in the long run? Can we find the cure/vaccine faster or we are wasting time and resources.
I am currently looking to come up with a research questions for my bachelor thesis. I study International Relations but I wanted to narrow down my profile towards economic because of my plans for my postgraduate education.
We agreed with my supervisor in this topic : "Forms of Capitalism and EU governance"
I am reading an enormous amount of papers and academic works for days now but I cannot come up with a research questions that successfully creates a bridge between forms of capitalism and EU.
Any ideas on the questions would be welcome. Any suggestion of papers I can read would be welcome.
When we talk about conflict contagion and diffusion mechanisms, what happens when in one country the fighting stops, would it also stop across the border? I am planning at looking at mechanisms of conflict diffusion and look at how the halt or possible reversal of said mechanism actually affects the conflict propensity in the other country. Basically a supply side argument.Would you suggest a different angle?
I wish to determine the main sub-events on a traces. However, They are usually overlapped and some simple method like finding local maximum is easily defaulted by a small noise added on a main pulse. I think maybe I should get the envelop first and then find the main sub-events orderly. Do you have better idea about how to do it automatically and efficiently?
Last general election result in Britain was not as expected by the PM May: How will it impact Brexit negotiations? Will Brexit be reversed or another election called???
Given the recent political developments in several European countries and the US, we could expect increasing policy efforts toward economic protectionism, barriers to immigration, and perhaps, in some cases, a growing emphasis on local, traditional values in contrast to cultural liberalization and diversity.
It has been argued for some time now that there is a backlash against globalization underway in many Western countries, even if international trade and finance, and to a lesser extent immigration, have come mostly to a halt since the crisis of 2008.
In your opinion, how far could this growing trend go? What effects could we expect on the economy, politics, and society?
How could it affect science?
This is the very important project worked by two scholars of great erudition. Many people may hesitate to add any comments on this well prepared research project. As the project workers are pointing that "[t]his project sits at the intersection of economics, politics, law, and history," let me add a comment from an economist who mainly work on international trade theory.
The project workers are more interested in the internal legal and political aspects, but the international relations in economic domains affect the domestic policy thinking tremendously and economic performance. Without a deep analysis on the economic conditions that the developing countries are confined and what kind of possibility they have, the project would not be a sufficient examination.
The trouble with economics is the dominance of neoclassical economics backed by neoliberal economic policy thought. This mode of thinking is enforced upon developing countries through IMF and World Bank and others. On the other hand, anti-mainstream economic theories in developing countries are/were deeply influenced by Marxian economics and it had/has a strong tendency to emphasize an exploitation of developing countries by developed countries. A typical argument is the unequal exchange theory of A. Emmanuel and of the dependency theory.
We need a plausible theory on the economic development of developing countries. Unfortunately, there was a strong schism between growth theory and development economics in the past. Now this schism seems to be bridged a bit but it is rather an appearance caused by the intellectual dominance of the growth theory. The latter has serious problems as a theory of economic growth and development. In this regard, let me cite three survey papers:
Shiozawa, Y. 2016 Growth Theory As It Ought to Be: Comments on Kurz and Salvadori's Two Survey Papers on Old and New Growth Theory
Kohn, M. 2009 Economic Development and Growth: A Survey
Vivarelli, M. 2015 The middle income trap: a way out based on technological and structural change. Economic Change and Restructuring.
Mine is a general criticism on the existing growth theories. Two others treat questions which were not treated in my and Kurz and Salvadori's survey papers.
In order to understand and estimate rightly the condition that the developing countries are confined, the theory of international trade is important. In this regard, please read my paper below. At the end of this paper, I mentioned on the relationships between this general theory and development economics and international political economy. The main lesson of this paper is this: Whatever happens in the institutions and political system, it is through the mediation of production techniques that the income per capita of a country is determined. Of course, institutions and legal and political systems give great influences on the development of production techniques.
The New Theory of International Values: An Overview
Let me also inform you that I have posed three questions below on the relations between international political economy and trade theory. I have also posted several answers to the Julio César Cepeda Ladino's question.
How do International Political Economy and International Trade Theory explain the strong opposition to free-trade agreement?
Trump and Sanders are opposed to the TPP. How the International Trade theory and International Political Economy explain this?
Is conflict in international trade an illusion?
Julio César Cepeda Ladino's question:
Can International Political Economy (IPE) be considered as a field of International Relations (IR) or an autonomous discipline of the social sciences?
Working Paper The New Theory of International Values: An Overview
I need to measure net product physical labour productivity within a world industry by using World Input Output Tables. Can I use PPP exchange rates for this purpose?
I am looking for recent articles (2015/2016) that contain a very good literature review of the subject.
TPP (Trans-Pacific Partnership) before effectuation is the latest multi-national trade agreement and its ratification is now a big political issue for almost all participating countries.
In the recent republican national convention, Trump declared its opposition to TPP. Senator Sanders, who was a closely competing candidate for democratic party nomination, has expressed his opposition to TPP as well.
How do International Political Economy and International Trade Theory explain the strong opposition among people to free-trade agreement in general and to TPP in particular?
Graham occupies a singular position in the history of the theory of international trade. He oppose to the neoclassical theory since John S. Mill, which is based on the reciprocal demand. He claimed that the neoclassical approach contains “the vital defects” (Graham 1932 The Theory of International Values, Quarterly Journal of Economics, 46(4): 581-316.) I wonder if there are recent studies on F. D. Fraham’s theory of international values.
A chapter of Paul Krugman's book Pop Internationalism (1997) is titled The Illusion of Conflict in International Trade. In this chapter, Krugman contends that trade problems between low and high waged nations are an illusion and there is nothing to worry from the globalization in trade. He even analyzes why many eminent writers (including Lester Thurow and Robert Reich) make such ridiculous arguments when they begin to discuss international trade. Krugman contends that they should learn the international trade theory that is taught in undergraduate economics class before they begin to argue on these questions, because it is the matter which requires special knowledge of a special field of economics.
Now, this is my question. Are the contents of the standard international trade theory sane in the sense that they reflect the reality of economies that are influenced by the rapid change of international trade? Is it true that the trouble attributed to trade is an illusion and the international trade theory is fundamentally right? Are the problems that international political economy argues under the subject of trade conflict all illusion? If yes, this must be a true charge against international political economy.
My opinion is that the standard international trade theory has some serious defects and Krugman is not aware of this grave fact.
One of the main debates that have existed around the International Political Economy (IPE) has been the definition of the object of research regarding International Economics (IE) and International Relations (IR). It would be very valuable to know in depth the positions that have developed about topic in regions such as Latin America, East Asia, North America, Western Europe, among others.
I am looking for books , articles , or any supporting materiel where we can know how translation be considered as a facilitator in the political and economic exchange.
I am writing a paper on Russia’s inclusion in financial internationalization. Which definition of financial internationalization can be regarded as commonly accepted within the IPE literature?
I need to critically discuss the basis on which Germany, Sweden and France are similar to each other and different from the US and Japan. Which theoretical framework shall I use? In fact, I need to understand the importance of using the framework too. Please guide. And suggest, any reading material too.
My case study is the U.S and I'll be assessing how conflict scenarios can have an impact on economic indicators and the extent to which economic performance is affected (whether adversely or positively). I was just wondering whether running a regression model using Military expenditure as the independent variable and GDP growth as the dependent variable would lead to viable results.
It's either that or I may opt for a panel data analysis. I just wanted some opinions on the methodology that I've opted to use here and it's viability.
Notes: I'm using the U.S as my primary source of investigation and I'd be looking mostly at the Iraq war as my primary source of conflict. If I were to opt for a panel data analysis, I'd look at the entire world and relate it back to varying conflicts in those geographical locations. Attached is a general consensus of my research work (which isn't necessary to read ).
Thanks in advance for all your opinions.
I have trouble finding data on bank bailout in the period 2007-2009 (could also be possibly be longer).
Preferably I would have a measure of tax money spend as a % of GDP on bank bailouts. Alternatively, I would just like to have dummies of countries that have had bank bailouts during this periods, and countries that have not.
Can anyone help with data regardin Russian hydrocarbon extraction/production industry for the last 10-20 years?
I can work with data in Russian language, should the links be provided in Russian.
I'm looking for a Europe-wide surveys that are similar to what we see in the Latinobarometer, Afrobarometer. In other words, questions on economic perceptions, vote intention and partisan id. The Eurobarometer is largely a EU-wide survey that lacks any national component. The EES is largely a survey on second-order EP elections that dont measure voting in first order elections. The CSES lacks proper questions on economic perception. They include a retrospective sociotropic question and a "improvement of standard of living question." I'm look for a cross-national survey in Europe that asks such questions as
1. If Presidential elections or (parliamentary election) were held this sunday for whom would you vote for?
2. In the last election, did you vote for the opposition or the incumbent?
3. In the last 12 months, how has your household economic situation changed?
4. In the last 12 months, how has the country's economic situation changed?
5. In the next 12 month, do you expect your household's economic situation to get...? (better, worse, etc)
6. In the next 12 months, do you expect the country's economic situation to get?
I am trying to research the interaction between electoral systems and campaign finance rules, in search of fair and accountable political competition. But it is becoming clear that a "race to the bottom" competition among jurisdictions is globally driving countries toward lax financial regulations and deeper secrecy, adding a higher level of complexity to the problem.
Without forming a national central bank of its own, and thus reestablishing its own currency, how can Greece escape neo-liberal structural adjustment?
How can we unpack the heterogeneity of interests and preferences
across and within various types of corporate structures?
What I am pondering with this question is whether nation-states enter into extraterritorial pacts (WTO, NAFTA, EU, MERCOSUR, etc.) solely on the basis of perhaps deriving economic benefit from these liaisons; i.e., without giving consideration to the social and political implications of becoming inter-connected with other sovereign states, all of whom relinquish some of their autonomy to a supranational body.
This would, for instance, explain why Norway refuses to join the European Union citing the possibility of (a) loss of national sovereignty and (b) a diminishment of the quality of citizenship secured by Norway's Constitution (which establishes a 'horizontal union of free and equal citizens'); and yet Norway had no qualms about signing onto the European Economic Area (EEA) which, according to Erik Erikson ("Norway's Rejection of EU Membership has given the country less self-determination, not more" - http://blogs.lse.ac.uk/europpblog/2014/04/22/) weds Norway to the EU economically by granting it access to Europe's internal market on an equal basis with EU member states. Seemingly, Norway is willing to accept an economic union, but stops short of a political and social union with the EU member states. In fact, the inability of EU members to agree on a European Constitution may be a reflection of other EU members having the same hesitance as Norway to become bound politically and socially to each other.
In fact, one might view the "Margin of Appreciation" rule applied by the European Court of Human Rights wherein the Court bows to local customs (no matter how discriminatory these local practices may be) as the Court's recognition that member states are only fully committed to the economic benefits that can be derived from a union creating a market of over 450 million people. Therefore, it is best for the Court to allow member states some wiggling room -- 'to cut them some slack'.
I am trying to estimate the effect of economic sanctions on the target country's economy. For that I need the cost of sanctions on the target country.
I have been searching for a database that might contain this information, but no such thing exists. Most papers have estimated the cost of sanctions themselves, but it is not clear how.
If you have any information or suggestions regarding this matter, please let me know.
In 1873, Germany decided to switch from the universally accepted silver standard to gold standard, following Britain that had changed to gold standard in 1816. Scholarly works suggest that this was a decision that drained economies of colonies and made them perennially poor. Will a reversal (presuming that it ever took place) contribute to the developing of economies of the third world?
In developmental state theories (of post-war Japan, S. Korea, Taiwan and Singapore), industrial policies took an important role in generating rapid economic growth. Good industrial policies are, at most, guiding a national economy in a good direction for development. Yet, would they be really successful without the visible hand's steering of financial resources in the market towards them?
The Egyptian spring revolution (January 25, 2011) has not progressed well, and resulted in many problems, and did not resolve democratic or economic problems.