Winter School in Political Economy

Seminar 2

Set-up of the seminar

• Challenges in the governance of the world economy
• Bringing the course together
  • overview of themes in Political Economy
  • how to approach the final essay
  • how to stay in touch with Political Economy
• Farewell
  • Student round table
  • Q&A

Challanges

Crisis of the Liberal World Order

• What is the Liberal World Order?
• Is the Liberal order in decay
  • What about the position of the US?
  • And its rivals?
• Can we (and should we) reinvigorate the Liberal order of world politics?

Crisis of the Liberal World Order

• What is the role of "choke-points" and how we should think about them in the context of Liberal World Order
• What else should we watch closely?
  • International Organisations
  • Corporations

Panel discussion

• TV studio sessions
  • one moderator
  • many panelists (pre-assigned role)
• Topics
  • Inequality
  • Pandemic
  • China
• You are "calling in from your office"
• 10 minutes to read-up

Break

Wrap up

Themes in Political Economy

Development

• What is a developmental state?
• What are the obstacles to development?

Trade

• Is trade policy like a business strategy?
• What is an infant-industry?

Inequality

• Wealth versus income
• What the relation between the role of organised interest and income inequality?

Fragility of the Liberal Order

• What has caused the financial crisis of 2008?
• What has caused the European debt crisis of 2010?

Guideline for the final essay

Final essay

• Policy paper or academic paper
• 3,000 words (excluding references)

Suggestions

• A (positive) research question or a (relevant) societal issue
• Short and focused literature review
• Research design – hypothesis or a problem statement
• Research design – case selection
• Results – make a point
• Conclusion – (at least) summarise
• Give yourself time

In touch with Political Economy

What to follow

• Journals
• News
• Blogs

Break

Farewell

Student round table

• Tell me about your experience during this course
  • What did you find most interesting and relevant?
  • And what least?
  • Which theme are you planning to follow up on (and how)?
• What's next for you?

Q&A

Thank you!