Please write a 5-8 page, double spaced, discussion/report on this book: Thomas, M. (ed). Crisis and Sequels- I have attached a PDF as well. Let me know if you have trouble accessing it. APA Style form
GLOA 610
Economic Globalization and Development
Fall 2024 M 7.20 Innovation 330
Professor Paul Smith
Office hours by appointment
COURSE TEXTS
# Purchase the following books (Amazon links on the titles)
Carchedi, G. & M.Roberts (eds), World In Crisis
Ferguson, J. Global Shadows: Africa in the Neoliberal World Order
Recommended:
Roberts, Hite & Chorev (eds), The Globalization & Development Reader: Perspectives on Development and Global Change (2nd Edition) 2015
Some of our readings will be PDFs taken from this book and included in the Dropbox folder, but the whole book is recommended as a thorough guide to the history of debates around development and globalization.
# Many readings will be PDFs available at the following Dropbox address
https://www.dropbox.com/scl/fo/ajvqrmog12eavfsvzqtml/AH4wdwO4QIIX6_nmkx7_Oo0?rlkey=f31t8rpf5f8vpdpnngwum7zi8&st=rozf1w2a&dl=0
# Some other readings are to be found at URLs directly linked to this syllabus.
# The word Fenwick after a title means you can search Fenwick Library online to find it. (If you need any help with this, please ask.)
ORDER OF READINGS
MODULE 1. Backstory
Marx, K. Selections from The Marx/Engels Reader: Alienated Labour, Commodities, Primitive Accumulation (Dropbox)
Lenin, V.I. Imperialism. https://www.marxists.org/archive/lenin/works/1916/imp-hsc/index.htm
Sartre, J-P. “Colonialism as a System” (Dropbox)
MODULE 2. Development and Dependency
Rodney, W. How Europe Underdeveloped Africa Selected chapters (Dropbox)
Galeano, E. Open Veins of Latin America Selected chapters (Dropbox)
# Harvey, D. The New Imperialism. Chapters “Accumulation by Dispossesion,” and “Capital Bondage.” (Fenwick)
Rapley, J. Understanding Development: Theory and Practice in the Third World. Ch. 1 & 2 (Dropbox)
Selections from The Globalization and Development Reader (Dropbox)
Gerschenkron A. “Economic Backwardness in Historical Perspective” (62-78)
Rostow W.W. “Stages of Growth”(52-61)
MODULE 3. Aid and Debt
Radelet, S. “Foreign Aid” in The Globalization and Development Reader 398-416 (Dropbox)
Alesina, A. and D. Dollar, D. “Who gives foreign aid to whom and why?” Journal of Economic Growth, 5(1):33–57.**
Roberts, M. “Debt Matters” in Carchedi & Roberts, ch 11.
MODULE 4. World Bank and IMF
Danaher, K. Fifty years is enough (1994). (Dropbox)
Stone, R.W. "Political Economy of IMF Lending in Africa.” American Political Science Review, 98(3): 577–592 (Fenwick)
Abouharb, M. and D. Cingranelli. “The Human Rights Effects of World Bank
Structural Adjustment, 1981–2000.” International Studies Quarterly, 50(2):233–262 **
Goldman, M. Imperial Nature: The World Bank and Struggles for Social Justice in the Age of Globalization. Selected chapters (Fenwick)
MODULE 5. Globalized Trade
Chang H-J. “Policies for Economic Development” & “Lessons for the Present” in Kicking Away the Ladder: Development Strategy in Historical Perspective (Ch 2 and 4). (Dropbox)
Goldberg, P. & N Pavcnik. “Trading Up: Globalization and Developing Countries”
https://voxdev.org/topic/trade/trading-globalisation-and-developing-countries
Goldberg, P. & N Pavcnik. “Integrated and unequal? The effects of trade on inequality in developing countries” https://voxdev.org/topic/trade/integrated-and-unequal-effects-trade-inequality-developing-countries
The World Bank (2020) World Development Report 2020 Trading for Development in the Age of Global Value Chains. Ch 2 & 3.
https://www.worldbank.org/en/publication/wdr2020
Bair, J. “Global Capitalism and Commodity Chains: Looking Back, Going Forward” (Dropbox)
Suwandi, I., J.Jonna & J.B. Foster. “Global Commodity Chains and the New Imperialism” https://monthlyreview.org/2019/03/01/global-commodity-chains-and-the-new-imperialism/
Chorev N. “The institutional project of neo-liberal globalism: The case of the WTO.” (Dropbox)
MODULE 6. Africa
Ferguson, J. Global Shadows: Africa in the Neoliberal World Order (purchase)
MODULE 7. Financialization of the Globe
Krippner. G.R. “The Financialization of the American Economy” in The Globalization and Development Reader 115-125. (Dropbox)
Izquierdo, S. & A. Flores. “The Neoliberal Financialization of the U.S. Economy” in Carchedi & Roberts ch. 12.
Roberts, A. “Finance, Financialization, and the Production of Gender.” (Dropbox)
Norfield, T. “Derivatives and Capitalist Markets” in Carchedi & Roberts ch. 14.
Nash, S. “High Frequency Trading” in Carchedi & Roberts ch. 15.
8. Crisis, What Crisis?
Carchedi, G. & M. Roberts. “The Long Roots of the Present Crisis” in Carchedi & Roberts, ch 1.
Carchedi, G. “The Old Is Dying But the New Cannot be Born: On the Exhaustion of Western Capitalism” in Carchedi & Roberts, ch 2
Smith, N. “Toward a Queer Political Economy of Crisis” (Dropbox)
Moore, J. Selections from Capitalism in the Web of Life (Dropbox)
Davis, M. “Who Will Build the Ark?” (Dropbox)
Foster, J.B. & I. Suwandi, “COVID-19 and Catastrophe Capitalism” https://monthlyreview.org/2020/06/01/covid-19-and-catastrophe-capitalism/
ASSESSMENT
Your final grade for this course will consist of three parts: 50% for a research essay, 30% for a book review, and 20% for participation and contribution in class.
The Research Essay will be on one of the topics named below and will be no less than 10 pages (double space, 12pt). There is no maximum length. I will give you a short account of what I might be looking for with each of these topics. You MUST each make an individual appointment with me before the end of September to discuss your paper and you are encouraged to talk to me about it as it develops also. Our conversation could include your suggestions for a topic of your own.
On November 11th you will make a presentation of your essay to the class.
The essay itself will be due COB on December 13th.
The Book Review will be a 5-8 page discussion of one of the books from the Book Shelf below. I will give you a short gloss on each of the books to help you decide which one you’d like to tackle. It will be due COB on December 13th
The Participation and Contribution part of the grade will bespeak my sense of those things, and I will be sure to let you know during the semester if I feel you are in danger of getting less than an A range grade for this portion!
Research Essay Topics
TRIPS and the WTO
Nestlé
The Gender of Globalization
X in Globalization (where X is a country)
Supply Chains after COVID
The Book Shelf
Mezzadra, S. & B.Neilson.. The Politics of Operations
Hozić, A. & J. True (eds). Scandalous Economics
Thomas, M. (ed). Crisis and Sequels
Moore, J & R. Patel. History of the Word in Seven Cheap Things
Desai, A. Geopolitical Economy
Fox, J. & L. D. Brown, Struggle for Accountability
SCHEDULE
August 26 Intro meeting on Zoom
September 2 Labor Day, no class
September 9 Module 1
September 16 Module 2
September 23 Module 2 continued
September 30 Module 3
October 7 Module 4
October 14 Fall Break, no class
October 21 Module 5
October 28 Module 5 continued
November 4 Module 6
November 11 Research Essay presentations
November 18 Module 7
November 25 (Thanksgiving week)
December 2 Module 8
December 9 Concluding class
