Debates in International Political Economy

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  • Edition: 2nd
  • Format: Paperback
  • Copyright: 2/18/2011
  • Publisher: Pearson
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Debates in International Political Economyorganizes writings by leading scholars and practitioners into debates on current global economic issues. #xA0; Balancing how international controversies are talked about in academic literature and in the news, the diverse topics and selections in this reader broaden knowledge of international political economy and facilitate critical thinking. Debates in International Political Economynot only covers issues of contemporary and conceptual interest but also helps students take a position on economic affairs that affect their lives.

Author Biography

Thomas Oatley is Associate Professor of Political Science at the University of North Carolina at Chapel Hill.

Table of Contents

Prefacep. xi
The Liberal International Orderp. 1
Geopolitical Change Threatens the Liberal Order v. The Liberal Order Remains Robustp. 3
ôRevisiting the Future: Geopolitical Effects of the Financial Crisisö
ôThe Liberal International Order and Its Discontentsö
International Tradep. 29
Trade Deficits Reduce Total Jobs v. Trade Deficits Produce Different Jobsp. 32
ôThe China Trade Tollö
ôThe Employment Rationale for Trade Protectionö
Retrain Workers v. Redistribute Incomep. 53
ôStrengthening Trade Adjustment Assistanceö
ôA New Deal for Globalizationö
Migration Brings Economic Gains v. Migration Reduces Cultural Cohesionp. 76
ôThe Case for Immigrationö
ôToo Diverse?ö
Free Trade Agreements are Stepping-Stones v. Free Trade Agreements are Stumbling Blocksp. 95
ôFree-Trade Agreements: Steppingstones to a More Open Worldö
ôWhy PTAs Are a Pox on the World Trading Systemö
Restrict Trade to Reduce Greenhouse Gases v. Don't Restrict Trade to Support Climate Change Goalsp. 122
ôAddressing the Leakage/Competitiveness Issue in Climate Change Policy Proposals
ôInternational Trade Law and the Economics of Climate Policy: Evaluating the Legality and Effectiveness of Proposals to Address Competitiveness and Leakage Concernsö
Multinational Corporationsp. 157
Sweatshop Regulation is Counterproductive v. Governments Must Regulate Sweatshopsp. 159
ôIn Praise of Cheap Labor: Bad Jobs at Bad Wages Are Better than No Jobs at Allö
ôWhy Economists Are Wrong about Sweatshops and the Antisweatshop Movementö
The Multinational Corporation Race to the Bottom v. The Myth of the Multinational Corporation Race to the Bottomp. 183
ôMultinational Enterprises and the Prospects for Justiceö
ôBottom Feedersö
Sovereign Wealth Funds Threaten U.S. Interests v. Sovereign Wealth Funds Do Not Threaten U.S. Interestsp. 210
ôSovereign Wealth Funds, Oil, and the New World Economic Orderö
ôThe Rise of Sovereign Wealth Funds: Impacts on U.S. Foreign Policy and Economic Interestsö
International Monetary Issuesp. 233
Too Little Market Regulation Caused the Financial Crisis v. Too Much Government Intervention Caused the Financial Crisisp. 235
ôThe Anatomy of a Murder: Who Killed America's Economy?ö
ôHow Did We Get into This Financial Mess?ö
China Must Revalue to Correct Global Imbalances v. Chinese Revaluation Will Not Correct Global Imbalancesp. 253
ôThe Dollar and the Renminbiö
ôReconsidering Revaluation: The Wrong Approach to the U.S.-Chinese Trade Imbalanceö
Development in the Global Economyp. 271
Trade Promotes Growth v. Trade Does Not Promote Growthp. 273
ôSpreading the Wealthö
ôTrading in Illusionsö
Foreign Aid Promotes Development v. Foreign Aid is Ineffectivep. 295
ôEyes Wide Open: On the Targeted Use of Foreign Aidö
ôThe Cartel of Good Intentionsö
Microcredit Facilitates Development V. Microcredit Does Not Facilitate Developmentp. 314
ôPoverty Is a Threat to Peaceö
ôThe Micromagic of Microcreditö
The Future of Globalizationp. 331
The Beijing Consensus Will Replace the Washington Consensus v. The Myth of the Beijing Consensusp. 333
ôRedefining Beijing Consensus: Ten Economic Principlesö
ôThe Myth of the Beijing Consensusö
The Consequence of Crisis: Fundamental Change or Essential Continuity?p. 364
ôGlobalization in Retreat: Further Geopolitical Consequences of the Financial Crisisö
ôWhat ôChimericaö Hath Wroughtö
Creditsp. 381
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