Maurice Obstfeld. 1998. “The Global Capital Market: Benefactor or Menace?” Journal of Economic Perspectives 12 (4): Read only pages 9-21.
David Lake (2009), “Open Economy Politics: A Critical Review,” Review of International Organizations 4:3, 219-244.
Robert Gilpin, 2001 Global Political Economy . [This is an updated version of Gilpin, The Political Economy of International Relations, 1987.] Ch. 1-2
Hobson, J., & Seabrooke, L. (Eds.). (2007). Everyday Politics of the World Economy. Cambridge: Cambridge University Press. Ch.1 (Introduction) doi:10.1017/CBO9780511491375
Farrell, Henry and Abraham Newman. 2019. ‘Weaponized Interdependence: How Global Economic Networks Shape Global Coercion.’ International Security. 44: 1. Summer. Pp. 42-79
Stephen E. Gent and Mark J.C. Crescenzi. 2021. Market Power Politics: War, Institutions, and Strategic Delay in World Politics. Oxford University Press
(Recommended but not required)
Cohen, Benjamin. 2017. “The IPE of Money Revisited.” Review of International Political Economy 24 (4): 657–80.
Carmen M. Reinhart & Kenneth S. Rogoff, 2014. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," Annals of Economics and Finance, Society for AEF, vol. 15(2), pages 1065-1188, November.
Charles Kindleberger, The world in depression 1929-1939 (Berkeley: University of California Press, 1973), ch.1, 14
Stephan Haggard. 2000. The Political Economy of the Asian Financial Crisis. Washington: Institute for International Economics. Intro & Chapter 1.
Adam Tooze. Crashed: How a decade of financial crises changed the world. New York: Viking, 2018: ch.2.
Helleiner, E. (2014). The status quo crisis: Global financial governance after the 2008 financial meltdown. (New York : Oxford University Press, 2014), ch.1&6
(Recommended but not required)
Philip R. Lane. 2012. “The European Sovereign Debt Crisis” Journal of Economic Perspectives 26 (3): 49-68.
David Leblang. 2002. “The Political Economy of Speculative Attacks in the Developing World.” International Studies Quarterly 46 (1): 69-91.
Jeffry A. Frieden. 1991. Debt, Development and Democracy. Princeton: Princeton University Press. Pages 67-83 & 178-215
Helleiner, Eric. 2011. “Understanding the 2007-2008 Global Financial Crisis: Lessons for Scholars of International Political Economy.” Annual Review of Political Science 14: 67– 87. (20 pp.)
Week 4面對危機的財政金融政策選擇(I)：金融與債務危機下的財政金融政策選擇
Stefanie Walter. Financial crises and the politics of macroeconomic adjustments. Cambridge University Press, 2013: Chapter 1-2.
Lipscy, Phillip Y. and Lee, Haillie Na-Kyung 2019. “The IMF As a Biased Global Insurance Mechanism: Asymmetrical Moral Hazard, Reserve Accumulation, and Financial Crises.” International Organization, Vol. 73, Issue. 02, p. 489.
Stephen C Nelson and Peter J Katzenstein. Uncertainty, risk, and the financial crisis of 2008. International Organization, 68(2):361{392, 2014.
Protean Power and Uncertainty: Exploring the Unexpected in World Politics Peter J Katzenstein, Lucia A Seybert Author Notes International Studies Quarterly, Volume 62, Issue 1, March 2018, Pages 80–93,
Lipscy, Phillip Y. 2018. “Democracy and Financial Crisis.” International Organization 72 (04): 937–68. (31 pp.)
(Recommended but not required)
Wessel, David (2010). In Fed We Trust. Ben Bernanke’s War on the Great Panic. New York: Three Rivers Press; Chapter 1, 10-12.
Mark Blyth. Austerity: The History of a Dangerous Idea. Oxford University Press, 2013. Ch1.
Research. Atif Mian, Amir Su, and Francesco Trebbi. 2014. “Resolving debt overhang: political constraints in the aftermath of financial crises.” American Economic Journal: Macroeconomics, 6(2):1-28,
Week 5面對危機的財政金融政策選擇(II)：戰爭時期財金策略(War Finance)
Kirshner, J. 2007. Appeasing Bankers: Financial Caution on the Road to War. Princeton University Press. Ch1
Zielinski, Rosella Cappella. 2016. How States Pay For War? Ithaca: Cornell University Press. Introduction and ch.1
Schultz, Kenneth and Barry Weingast. 2003. “The Democratic Advantage: The Institutional Sources of State Power in International Competition” International Organization 57 (winter): 3-42.
Shea, Patrick E. 2013. “Financing Victory: Sovereign Credit, Democracy, and War” Journal of Conflict Resolution . 58 no. 5 771-795
(Recommended but not required)
Kreps, Sarah. 2018. Taxing Wars: The American Way of War Finance and the Decline of Democracy. Oxford University Press. Ch.1-2
Queralt, D. (2019). War, International Finance, and Fiscal Capacity in the Long Run. International Organization, 73(4), 713-753. doi:10.1017/S0020818319000250
Saylor, R., & Wheeler, N. (2017). Paying for War and Building States: The Coalitional Politics of Debt Servicing and Tax Institutions. World Politics, 69(2), 366-408. doi:10.1017/S0043887116000319
Slantchev, Branislav L. 2012 “Borrowed Power: Debt Finance and the Resort to Arms” American Political Science Review 106(4): 787-809
Week 6 面對危機的財政金融政策選擇(III)：災難財政援助(Disaster Financing)、疫病援助(Public Health Emergency Financing)與國際合作
Drezner, D. (2020). The Song Remains the Same: International Relations After COVID-19. International Organization, 1-18. doi:10.1017/S0020818320000351
Akcinaroglu, S., J. DiCicco, & E. Radziszewski (2011) “Avalanches & Olive Branches: A Multimethod Analysis of Disasters and Peacemaking in Interstate Rivalries,” Political Research Quarterly 64(2) pp. 260–275.
IMF. 2020. FINANCE & DEVELOPMENT, JUNE 2020, VOL. 57, NUMBER 2. “The Political Economy of Economic Policy”(Jeffry Frieden); “The Long Economic Hangover of Pandemics”(Jorda et al); BIS Bulletin. 2020. No 23. “The fiscal response to the Covid-19 crisis in advanced and emerging market economies”
(Recommended but not required)
OECD. 2017. OECD Recommendation on Disaster Risk Financing Strategies. OECD.
Also check: IMF. 2020. Fiscal Monitor Report(April 2020). (Chapter 1: Policies to Support People During the COVID-19 Pandemic, Chapter 2 : IDEAS to Respond to Weaker Growth). IMF.
Kelman (2011) “The origins of disaster diplomacy”; “Moving forward with disaster diplomacy” and “Principal lessons for application,” in Disaster diplomacy: How disasters affect peace and conflict, London: Routledge, pp. 1-10, 135-141.
B. Wisner, P. Blaikie, T. Cannon and I. Davis (2004) “Access to resources and coping in adversity,” in At risk: Natural hazards, people’s vulnerability and disasters, London: Routledge, pp. 87-124.
Anbarci, N., M. Escaleras, & C. Register (2005) “Earthquake Fatalities: The Interaction of Nature and Political Economy” Journal of Public Economics 89: 1907–1933.
Drury, C., R. S. Olson, & D. Van Belle (2005) “The Politics of Humanitarian Aid: U.S. Foreign Disaster Assistance, 1964–1995,” The Journal of Politics 67(2): 454–473.
Kahn, M. E. (2005) “The Death Toll from Natural Disasters: The Role of Income, Geography, and Institutions” The Review of Economics & Statistics 87(2): 271–284.
Week 7改革開放、國際資本流入與中國對外合作
Justin Yifu Lin, 2012. Demystifying the Chinese Economy: Ch 6, Cambridge, UK: Cambridge University Press, 2012.
Barry Naughton 2007. Ch. 4 “Market Transition: Strategy and Process,”
And Ch. 17(FDI), Ch19(Financial System)
Yasheng Huang, 2003. Selling China : Foreign Investment during the Reform Era New York, Cambridge University Press, Ch. 2 (recommended Ch.1)
(Recommended but not required)
Nicholas Lardy, 1998, China’s Unfinished Economic Revolution, ch 3.
Arvind Panagariya, 1994: “East Asia and the New Regionalism in World Trade,” World Economy 17(6): 817-840
Week 8 1997/98東亞金融危機、東協加三架構(ASEAN Plus Three, APT)與中國角色
Douglas Webber, 2001: Two Funerals and a Wedding? The Ups and Downs of Regionalism in East Asia and Asia-Pacific after the Asian Crisis, The Pacific Review 14(3): 339-372
Kim, Samuel S. 2004 “Regionalization and Regionalism in East Asia”, Journal of East Asian Studies 4:1 (Jan-Apr 2004), pp. 39-67
Henning, C Randall (2009), The Future of the Chiang Mai Initiative: An Asian Monetary Fund?, Peterson Institute for International Economics, Policy Brief PB09-5.
(Recommended but not required)
Wade, R. (1998). The Asian debt-and-development crisis of 1997 financial crisis: Causes and consequences. World development, 26(8), 1535-1553.
Rana PB, Chia WM and Y Jinjarak (2012), “ASEAN+3 Monetary Integration: Perception Survey of Opinion Leaders”, Journal of Asian Economics, 23:1-12.
Sussangkarn, C (2010), “The Chiang Mai Initiative Multilateralization: Origin, Development, and Outlook”, ADBI Working Paper Series 230, July, Tokyo: ADBI.
**修課者於本周提交期末報告之研究題目與三頁草稿**
Week 9 進入WTO、全球生產鏈與中國發展
Wu, Mark, The 'China, Inc.' Challenge to Global Trade Governance (May 13, 2016). Harvard International Law Journal, Vol. 57, 1001-1063 (2016), Harvard Public Law Working Paper No. 16-35, Available at SSRN: https://ssrn.com/abstract=2779781
Gregory Chin and Richard Stubbs, 2011 “China and Regional Institution Building: The China-ASEAN FTA”, Review of International Political Economy 18:3 (2011).
James Scott and Rorden Wilkenson, 2012 “China in the WTO”, in S. Kennedy and Cheng Shuaihua, eds,, From Rule Takers to Rule Makers: The Growing Role of Chinese in Global Governance.
David Lampton, 2008, The three faces of Chinese power: might, money and minds (University of California Press,) Ch.1
(Recommended but not required)
Eswar Prasad, (ed.), 2004 'China's growth and integration into the world economy: prospects and challenges', IMF Occasional Paper, no. 232 .
Bowles, P., & Wang, B. 2008. The rocky road ahead: China, the US and the future of the dollar. Review of International Political Economy, 15(3), 335- 353.
Ho-fung Hung, ‘Rise of China and the global overaccumulation crisis’ Review of International Political Economy, vol. 15, no. 2, 2008, pp. 149-179.
Daniel Drezner, “Bad Debts: Assessing China’s Financial Influence in Great Power Politics”, International Security, Vol. 34 No. 2 (Fall 2009).
Andrew Walter, 2013, ‘Addressing global imbalances: domestic and global dynamics’ in China across the divide, ed. Rosemary Foot (Oxford: Oxford University Press, 2013).
(Recommended but not required)
Wade, R. 2009. “From global imbalances to global reorganisations.” Cambridge journal of economics, 33(4), 539-562
Thompson, H. 2010. China and the Mortgaging of America: Economic Interdependence and Domestic Politics. Basingstoke: Palgrave. Ch2.
Week 11 2007/08全球金融海嘯、中國崛起、與東亞、亞太及印太區域整合
Shaun Breslin, 2011 “The ‘China model’ and the global crisis: from Friedrich List to a Chinese mode of governance?” in International Affairs, 87 (6) : 1323- 1343.
William H. Overholt (2010) China in the Global Financial Crisis: Rising Influence, Rising Challenges, The Washington Quarterly, 33:1, 21-34, DOI: 10.1080/01636600903418652
Amitav Acharya, 2014, Power Shift or Paradigm Shift? China's Rise and Asia's Emerging Security Order, International Studies Quarterly 58(1), 2014:158–173
Alastair Iain Johnston, 2019. “China in a World of Orders: Rethinking Compliance and Challenge in Beijing's International Relations,” International Security, 10.1162/isec_a_00360, 44, 2, (9-60), (2019).
Lin, J.Y. (2015) “Why I do not Support Complete Capital Account Liberalization”, China Economic Journal, v.8: 86-93
Wang, H. 2014. ‘Global Imbalances and the Limits of the Exchange Rate Weapon’, in Helleiner, E., & Kirshner, J. (eds) ‘The great wall of money: Power and politics in China’s international monetary relations. Ithaca: Cornell University Press. Ch4. pp. 91-126.
(Recommended but not required)
Eric Helleiner, ‘Understanding the 2007-2008 global financial crisis: lessons for scholars of international political economy? Annual Review of Political Science 14 (2011): 67-87.
Zhou Xiaochuan, 2009. “Reform the international monetary system” Essay by Dr Zhou Xiaochuan, Governor of the People’s Bank of China, 23 March 2009.
Shaun Breslin ‘Understanding China’s regional rise: interpretation, identities and implications’ International Affairs, vol. 85, no. 4, 2009, 817-835. Also check:
Vinod Aggarwal, 2016 “Introduction: The Rise of Mega-FTAs in the Asia-Pacific,” Asian Survey 56(6), November/December 2016: 1005-1016.
Penghong Cai, 2016 “China’s Responses to Mega-Regional FTAs, A Chinese Perspective,” Asian Survey 56(6), November/December 2016: 1123-1144.
(Recommended but not required)
Paul Cammack, 2012, “The G20, the Crisis, and the Rise of Global Developmental Liberalism“, Third World Quarterly, 33(1, 2012): 1-26.
Gregory Chin, 2015 “China’s Bold Economic Statecraft,” Current History 114(773), Sep 2015: 217- 223.
Daniel H. Rosen and Thilo Hanemann, 2009 “China’s Changing Outbound Foreign Direct Investment Profile: Drivers and Policy Implications,” PIIE Policy Brief, Number Pb09-14
Week12 人民幣國際化：國際貨幣權力、貨幣謀略(Statecraft)與人民幣國際化
Cohen, B. J. (2015). Currency power: understanding monetary rivalry. Princeton: Princeton University Press. Ch. 1 & 3. Benjamin J. Cohen, Currency Statecraft(Chicago University Press, 2019)t, ch. 1-3.
Barry Eichengreen & Arnaud Mehl & Livia Chiţu & Thorsten Beck, 2019. "Mars or Mercury? The geopolitics of international currency choice*," Economic Policy, vol 34(98), pages 315-363.
Gregory Chin, 2017. ‘True revisionist: China and the global monetary system,’ in Jacques deLisle and Avery Goldstein (eds.) China’s global engagement: cooperation, conflict and influence in the 21st century (Washington DC: Brookings Institution Press,).
Juan Carlos Martinez Oliva, 2015, “China’s Power and the International Use of the RMB,” in Enter the Dragon, ed. Domenico Lombardi and Hongying Wang (2015), ch. 1.
Christopher A. McNally & Julian Gruin. 2017. “A novel pathway to power? Contestation and adaptation in China's internationalization of the RMB, Review of International Political Economy, 24:4, 599-628
(Recommended but not required)
John Williamson, 2013. “The Dollar and US Power,” in The Power of Currencies and Currencies of Power, ed. Alan Wheatley (2013), ch. 3.
J. Frankel, 2012 ‘Internationalization of the RMB and historical precedents,’ Journal of Economic Integration, vol. 27, 329-365.
Eric Helleiner and Jonathan Kirshner (eds.). 2014, The great wall of money: power and politics in China’s international monetary relations (Ithaca: Cornell University Press, 2014), chs. 7 and 8.
(Recommended but not required)
Barry J. Eichengreen and Masahiro Kawai (eds.), 2010, RMB internationalization: achievements, prospects and challenges (Washington DC: Brookings Institution Press,) ch1-2.
C.A McNally, ‘The political economic logic of RMB internationalization: a study in Sino-capitalism,’ International Politics, 2015, vol. 52, no. 6, pp. 704-723.
Week13 中國的雙邊與多邊金融外交謀略(Financial Statecraft)：一帶一路（Belt and Road Initiatives, BRI）、亞投行（The Asian Infrastructure Investment Bank, AIIB）及其與世界銀行、國際貨幣基金會的競合、與他國回應
Ikenberry, G.J and Lim, D. (2017) China’s Emerging Institutional Statecraft: The Asian Infrastructure Investment Bank and the Prospects for Counter-Hegemony. Washington, DC: Brookings Institution.
Shaofeng Chen, 2018. “Regional Responses to China’s Maritime Silk Road Initiative in SEA,” Journal of Contemporary China 27(111), 2018: 344-361.
Also check: Andrew Small, 2018 ‘The backlash to belt and road: a south Asian battle over Chinese economic affairs,’ Foreign Affairs, 2018, February.
Cynthia Roberts, Leslie Elliott Armijo, and Saori Katada, The BRICS and Collective Financial Statecraft (Oxford University Press, 2018), pp. 1-66
Wang, Y., 2016, “Offensive for defensive: The belt and road initiative and China’s new grand strategy,” The Pacific Review, Vol. 29, No. 3, pp. 455–63.
Also check: John Wong and Liang Fook Lye, 2014, “Reviving the Ancient Silk Road: China's New Diplomatic Initiative,” East Asian Policy 06/5 (2014)
(Recommended but not required)
Aileen Baviera, 2016 “China’s Strategic Foreign Initiatives Under Xi Jinping, An ASEAN Perspective,” China Quarterly of International Strategic Studies 2(1), 57-79.
MERICS Belt and Road Tracker: https://www.merics.org/en/bri-tracker/interactive-map. Peter Ferdinand, 2016, Westward ho – the China dream, and ‘one belt, one road,’ International Affairs, 2016, vol 92, no 4, pp. 941-957
Ren, X., 2016, “China as an institution-builder: The case of the AIIB,” The Pacific Review, Vol. 29, No. 3, pp. 435–42
Ba, A.D. (2017) ‘In pursuit of an Asian Infrastructure Investment Bank: the politics and geopolitics of a Chinese Bank’, in S.B. Rothman, U. Vyas and Y. Sato (eds), Regional Institutions, Geopolitics and Economics in the Asia-Pacific: Evolving Interests and Strategies, Chapter 3. London: Routledge.
Giuseppe Gabusi, 2017, “Crossing the River by Feeling the Gold”: The Asian Infrastructure Investment Bank and the Financial Support to the Belt and Road Initiative, China & World Economy, 2017, vol. 25, issue 5, 23-45
(Recommended but not required)
Peng Er Lam, 2014 “China's Asian Infrastructure Investment Bank: East Asian Responses,” East Asian Policy 06/127 .
Amitai Etzioni, 2016. “The Asian Infrastructure Investment Bank: A case study of multifaceted containment,” Asian Perspective 40(2), Apr-Jul 2016: 173-196.
**修課者於本周提交期末報告的第一份修正草稿，其中至少需包含完整文獻回顧與提出可能方法**
Week 14 美中貿易戰
Malkin, A. (2020). The made in China challenge to US structural power: industrial policy, intellectual property and multinational corporations. Review of International Political Economy, 29(2), 538–570. https://doi.org/10.1080/09692290.2020.1824930
Weiss, L., & Thurbon, E. (2018). Power paradox: how the extension of US infrastructural power abroad diminishes state capacity at home. Review of International Political Economy, 25(6), 779–810. https://doi.org/10.1080/09692290.2018.1486875
Week 15 瞬息萬變之情勢：COVID-19、香港反送中與國安法、俄烏戰爭
Rigger, S., Montagne, J.R. (2023). US-China Strategic Competition in the Context of the Global COVID-19 Pandemic. In: Grano, S.A., Huang, D.W.F. (eds) China-US Competition. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-15389-1_2
Scobell, A. (2023). Parsing Post-Pandemic U.S.-China Competition: Mutual (Mis)Perceptions and Dueling Geostrategies. China Review, 23(1), 79–105. https://www.jstor.org/stable/48717989
Hu, H., Yang, S., Zeng, L. et al. U.S.–China trade conflicts and R&D investment: evidence from the BIS entity lists. Humanit Soc Sci Commun11, 829 (2024). https://doi.org/10.1057/s41599-024-03369-8