At the end of this course, the students; 1) Compare international economic organizations such the World Bank, IMF, and WTO with each other. 2) Assess the impact of these organizations on the development of Third World countries. 3) Establish relationship between globalization and these organizations. 4) Grasp the dynamics of international economic organizations drive for globalization and of regional economic organizations for regionalization.
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
None
COURSE DEFINITION
This course consists of two parts. In the first part, the historical conditions that provided the ground for the emergence of international economic organizations and the basic concepts of the international political economy such as regionalization, globalization, multilateral commercial system, new economic order, mutual dependence will be studied. In the second part of the course, organizational structure of some specific international economic organizations such as IMF, WTO, OECD, OIC, World Bank, and their role in the international system will be reviewed.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Introduction to International Economic Organizations (IEO)
2nd Week
Introduction to International Economic Organizations (IEO)
3rd Week
International Financial Institutions
4th Week
International Financial Institutions
5th Week
IMF
6th Week
IMF
7th Week
IMF
8th Week
Midterm
9th Week
World Bank
10th Week
World Bank
11th Week
World Bank
12th Week
International Trade and Economy
13th Week
International Trade and Economy
14th Week
Problem of Legitimacy and Reform
RECOMENDED OR REQUIRED READING
Woods, N. (2001) "International Political Economy in an Age of Globalization" in The Globalization of World Politics: An Introduction to International Relations, Baylis, J. and S. Smith (eds.), Oxford University Press: UK., 277-298. Griffin, K. (2003) "Economic Globalization and Institutions of Global Governance", Development and Change, 34(5), 789-807. Cohn, T. H. (2005) Global Political Economy: Theory and Practice, Pearson: NY., 267-276. Scholte, J. A. (2001) "Global Trade and Finance" in The Globalization of World Politics: An Introduction to International Relations, Baylis, J. and S. Smith (eds.), Oxford University Press: UK., 519-539. Kapur, D. (Summer 1998) "The IMF: A Cure or a Curse?", Foreign Policy, (111), 114-129. Vaubel, R. (1995) "The Political Economy of the International Monetary Fund: A Public Choice Analysis" in The Political Economy of International Organizations, Vaubel, R. and T. D. Willett (eds.), Westview Press: Boulder, 204-244. Annisette, M. (2004) "The True Nature of the World Bank", Critical Perspectives on Accounting, 15, 303-323. Stiglitz, J. E. (1999) "The World Bank at the Millennium", The Economic Journal, 109, 577-597. Onis, Z. and F. Senses (2005), "Rethinking the Emerging Post-Washington Consensus", Development and Change, 36(2), 263-290. The Economist (September 2005), "The UN's Millennium Development Goals: Aspirations and Obligations", 69-70. Deardorff, A. V. and R. M. Stern (2002), "What You Should Know about Globalization and the WTO", Review of International Economics, 10(3), 404-423. Charlton, A. H. and J. E. Stiglitz (2005), "Prioritisaiton of Doha Round Proposals", 293-312 (20 yaprak, 19 sayfa). Mitchell, S. K. (1997) "GATT, Dispute Settlement and Cooperation", Economics and Politics, (9)1, 87-93. Elms, D. K. (2004) "Large Costs, Small Benefits: Explaining Trade Dispute Outcomes", Political Psychology, 25(2), 241-270. Woods, N. (2001) "The Challenge of Good Governance for the IMF and the World Bank Themselves", World Development, 28(5), 823-841. Kahler, M. (2004) "Defining Accountability Up: The Global Economic Multilaterals", Government and Opposition, 132-158. Howse, R. and K. Nicolaidis (2003) "Enhancing WTO Legitimacy: Constitutionalization or Global Subsidiarity?", Governance, 16(1), 73-94.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Discussion,Questions/Answers
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
20
Assignment
4
40
Total(%)
60
Contribution of In-term Studies to Overall Grade(%)
60
Contribution of Final Examination to Overall Grade(%)
40
Total(%)
100
ECTS WORKLOAD
Activities
Number
Hours
Workload
Midterm exam
1
3
3
Preparation for Quiz
Individual or group work
Preparation for Final exam
1
70
70
Course hours
14
3
42
Preparation for Midterm exam
1
60
60
Laboratory (including preparation)
Final exam
1
3
3
Homework
4
30
120
Total Workload
298
Total Workload / 30
9,93
ECTS Credits of the Course
10
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)