Course Name Year Term Period Faculty / Graduate School All Instructors Credits
12942:[2025 Spring]IR18‐EE213 Global Political Economy (RA) § 12943:IR-DS202 Global Political Economy (RA) § 12944:RUIR-2805 Global Political Economy(RA) 2025 Spring Mon4 College Of International Relations WATANABE HIROAKI 2

Campus

KIC

Class Venue

YOYOKAN YY202

Language

English

Course Outline and Method

【+R-Jugyo】
Information for “+R-Jugyo” will be posted on the “Course News” on manaba+R by April 1. Be sure to check the “Course News” on manaba+R.

This course is aimed at examining and understanding major issues and incidents of international/global political economy (IPE/GPE). It analyzes the main actors engaged in domestic and foreign economic policymaking and international economic institutions through a “political economy” perspective. We will apply international relations theory to some cases related to international political economy and examine them from several analytical perspectives.

In the first part of this course, we will learn major international relations theories (neorealism, neoliberal institutionalism and constructivism) and analytical perspectives relevant to international political economy such as agency/actors, structure/institutions and ideas. We will then examine several important issues related to international/global political economy such as trade/FDI and regional economic integration (or dis-integration), industrialization and development, monetary and fiscal policy, neoliberal globalization and structural reform, labor and social welfare policy, population and immigration policy, environment and SDGs, and digitalization and economic efficiency.

There is no main textbook, but students are required to read relevant academic works including the following: "Global Political Economy: Theory and Practice", written by Theodore H. Cohn, to understand relevant IPE/GPE issues and theories; “Comparative Politics: Rationality, Culture and Structure (Second edition)”, edited by Mark Irving Lichbach and Alan S. Zuckerman, to understand analytical frameworks relevant to IPE/GPE; “The Japanese Economy”, written by the course instructor; and several books of international relations theory written by Kenneth Waltz (neorealism), Robert Keohane (neoliberal institutionalism) and Peter Katzenstein (constructivism). Students are provided with PowerPoint lecture slides in each class. The course emphasizes the importance of the interaction between students and the course instructor, and students are required to participate fully in discussions by conducting assigned reading prior to the class. To assist students’ understanding, the course instructor provides several opportunities for students to watch relevant video clips in the class.

You can find more information about the course instructor on my website:

https://www.hiroakirichardwatanabe.org/

Student Attainment Objectives

Students who complete this course would be able to:
1) Discuss major contemporary issues in international political economy critically and theoretically;
2) Examine prominent issues and incidents in international political economy from a historical perspective; and
3) Construct logical arguments and support them by referring to the relevant literature in an essay.

Recommended Preparatory Course

No particular course, but I welcome students who took the Japanese Economy course in a previous academic term.

Course Schedule

Lecture/Instructor(When there are multiple instructors) Theme
Keyword, References and Supplementary Information
1-2

Theories and analytical framework of IPE/GPE

IR theory (neorealism, neoliberal institutionalism, constructivism), Analytical perspectives of agency/interests, structure/institutions and ideas

3-4

Trade/FDI and regional economic (dis-)integration

FTAs and regional economic integration (TPP/RCEP), America First, Brexit

5

Industrialization and development

FDI and host/home states, Import substitution industrialization, Export-led industrialization

6-7

Monetary/fiscal policy and structural reform under neoliberal globalization

Economic globalization, Keynesianism vs. neoliberalism, Structural reform since the 1970s, Monetary policy after the Global Financial Crisis, Fiscal policy during the coronavirus pandemic, Current monetary and fiscal policy

8-9

Labor and social welfare issues

Welfare state typology, labor market reform, industrial relations, dual labor market, gender discrimination, gap society, precarious work, working poor

10-11

Population and immigration issues

Low fertility rate, work-life balance, daycare and maternity leave, labor migration, immigration policy

12

Environment and SDGs

Global warming, SDGs, renewable energy, global environmental governance

13

Digitalization and economic efficiency

Economic efficiency, labor productivity, barriers to digitalization, employment maintenance, future of work

14

Review

Summary of the course

Class Format

Class 1-14: In-person (Zoom may be used when necessary)

Recommendations for Private Study

Students are required to conduct reading of relevant academic works prior to each class.

Grade Evaluation Method

Kind Percentage Grading Criteria etc.
Final Examination (Written)

Report Examination
(A report to be submitted by the unified deadline)

Exams and/or Reports other than those stated above, and Continuous Assessment 
(Evaluation of Everyday Performance in Class)
100

Essay (1,500-2,000 words)

Grade Evaluation Method (Note)

The course instructor provides students with a list of essay questions and students choose one question from the list to write an essay. In the essay, students are required to present main arguments and evidence such as relevant academic sources and data. Students are required to submit the essay by the deadline.

Advice to Students on Study and Research Methods

Academic misconduct such as plagiarism and data fabrication may result in fail and an academic disciplinary action in accordance with the College's rules.

Textbooks

Textbooks (Frequency of Use, Note)

Reference Books

Title Author Publisher ISBN Code Comment
Global Political Economy: Theory and Practice Theodore H. Cohn Routledge 9781138958746
Comparative Politics: Rationality, Culture and Structure (Second edition) Mark Irving Lichbach and Alan S. Zuckerman Cambridge University Press 9780521712347
The Japanese Economy Watanabe, Hiroaki Richard Agenda Publishing / Columbia University Press 9781788210515

Reference Books (Frequency of Use, Note)

Web Pages for Reference

You can find more information about the course instructor on my website:

https://www.hiroakirichardwatanabe.org/

As for other useful websites, see the following.

Nikkei Asian Review http://www.asia.nikkei.com
Financial Times http://www.ft.com

How to Communicate with the Instructor In and Out of Class(Including Instructor Contact Information)

Learning Management System (manaba+R),Talk with Students,Other (Separate instructions will be provided)

Other Comments

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