Debates in International Political Economy

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  • Edition: 2nd
  • Format: Paperback
  • Copyright: 2011-02-18
  • 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
˘Revisiting the Future: Geopolitical Effects of the Financial Crisis÷
˘The Liberal International Order and Its Discontents÷
International Tradep. 29
Trade Deficits Reduce Total Jobs v. Trade Deficits Produce Different Jobsp. 32
˘The China Trade Toll÷
˘The Employment Rationale for Trade Protection÷
Retrain Workers v. Redistribute Incomep. 53
˘Strengthening Trade Adjustment Assistance÷
˘A New Deal for Globalization÷
Migration Brings Economic Gains v. Migration Reduces Cultural Cohesionp. 76
˘The Case for Immigration÷
˘Too Diverse?÷
Free Trade Agreements are Stepping-Stones v. Free Trade Agreements are Stumbling Blocksp. 95
˘Free-Trade Agreements: Steppingstones to a More Open World÷
˘Why PTAs Are a Pox on the World Trading System÷
Restrict Trade to Reduce Greenhouse Gases v. Don't Restrict Trade to Support Climate Change Goalsp. 122
˘Addressing the Leakage/Competitiveness Issue in Climate Change Policy Proposals
˘International Trade Law and the Economics of Climate Policy: Evaluating the Legality and Effectiveness of Proposals to Address Competitiveness and Leakage Concerns÷
Multinational Corporationsp. 157
Sweatshop Regulation is Counterproductive v. Governments Must Regulate Sweatshopsp. 159
˘In Praise of Cheap Labor: Bad Jobs at Bad Wages Are Better than No Jobs at All÷
˘Why Economists Are Wrong about Sweatshops and the Antisweatshop Movement÷
The Multinational Corporation Race to the Bottom v. The Myth of the Multinational Corporation Race to the Bottomp. 183
˘Multinational Enterprises and the Prospects for Justice÷
˘Bottom Feeders÷
Sovereign Wealth Funds Threaten U.S. Interests v. Sovereign Wealth Funds Do Not Threaten U.S. Interestsp. 210
˘Sovereign Wealth Funds, Oil, and the New World Economic Order÷
˘The Rise of Sovereign Wealth Funds: Impacts on U.S. Foreign Policy and Economic Interests÷
International Monetary Issuesp. 233
Too Little Market Regulation Caused the Financial Crisis v. Too Much Government Intervention Caused the Financial Crisisp. 235
˘The Anatomy of a Murder: Who Killed America's Economy?÷
˘How Did We Get into This Financial Mess?÷
China Must Revalue to Correct Global Imbalances v. Chinese Revaluation Will Not Correct Global Imbalancesp. 253
˘The Dollar and the Renminbi÷
˘Reconsidering Revaluation: The Wrong Approach to the U.S.-Chinese Trade Imbalance÷
Development in the Global Economyp. 271
Trade Promotes Growth v. Trade Does Not Promote Growthp. 273
˘Spreading the Wealth÷
˘Trading in Illusions÷
Foreign Aid Promotes Development v. Foreign Aid is Ineffectivep. 295
˘Eyes Wide Open: On the Targeted Use of Foreign Aid÷
˘The Cartel of Good Intentions÷
Microcredit Facilitates Development V. Microcredit Does Not Facilitate Developmentp. 314
˘Poverty Is a Threat to Peace÷
˘The Micromagic of Microcredit÷
The Future of Globalizationp. 331
The Beijing Consensus Will Replace the Washington Consensus v. The Myth of the Beijing Consensusp. 333
˘Redefining Beijing Consensus: Ten Economic Principles÷
˘The Myth of the Beijing Consensus÷
The Consequence of Crisis: Fundamental Change or Essential Continuity?p. 364
˘Globalization in Retreat: Further Geopolitical Consequences of the Financial Crisis÷
˘What ˘Chimerica÷ Hath Wrought÷
Creditsp. 381
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