International Political Economy

The details
Colchester Campus
Undergraduate: Level 6
Thursday 07 October 2021
Friday 17 December 2021
01 September 2021


Requisites for this module



Key module for


Module description

Politicians, journalists, and activists use the term "globalisation" to refer to a wide range of economic, political, and social phenomena, from increasing global trade, deeper integration of financial markets, rising foreign investment, or reduced transportation and communication costs, to the emergence of global cultural trends.

This module examines the dynamics associated with the global integration of the world economy from a political economy perspective. Throughout the module, we will address the question "How do international/global economic factors (trade, finance, etc.) affect domestic politics, and how do domestic politics affect the international economy".

Students are expected to come prepared to class. This means reading the assigned material, taking notes about main ideas and/or questions, and actively engaging in in-class discussions. The quality of the module largely depends on students' participation and engagement.

Module aims

The module introduces theories from international political economy (IPE) to explore the politics behind globalisation. We will analyse why firms trade and the rules governing international trade, why firms invest abroad, and the structure of international finance.

The last sessions will explore contemporary issues in the global economy, such as migration, poverty and inequality, foreign aid, or the effects of globalisation on domestic politics. The society- and state-centred approaches provide analytical tools to understand who wins and who loses from globalisation, and what policies governments can implement.

Module learning outcomes

By the end of the module, the students should be able to:

1. identify the main approaches, concepts, and methods employed in IPE;

2. identify and explain key concepts in IPE;

3. use theories to explain the causes and effects of international trade, international capital flows, monetary relations, and the main debates around globalisation;

4. demonstrate analytical and critical thinking skills when analyzing political phenomena.

Throughout the module, we will work on strengthening the following skills: critical thinking (based on careful reading of class materials, and their application to cases and examples), argumentation, and written and oral presentations.

Module information

No additional information available.

Learning and teaching methods

This is a 10-week module based on one two-hour seminar. Classes 8-10 will have a different format, a review session and students' presentations.


  • COLANTONE, ITALO; STANIG, PIERO. (2018-05) 'Global Competition and Brexit', in American Political Science Review. vol. 112 (2) , pp.201-218
  • Johns, Leslie; Pelc, Krzysztof J.; Wellhausen, Rachel L. (2019-04) 'How a Retreat from Global Economic Governance May Empower Business Interests', in The Journal of Politics. vol. 81 (2) , pp.731-738
  • Rodrik, Dani. (c2011) 'Of Markets and States: Globalization in History's Mirror', in The globalization paradox: democracy and the future of the world economy, New York: W. W. Norton & Co., pp.3-23
  • Owen, Erica; Walter, Stefanie. (2017-03-04) 'Open economy politics and Brexit: insights, puzzles, and ways forward', in Review of International Political Economy. vol. 24 (2) , pp.179-202
  • Oatley, Thomas H. (©2019) International political economy: international student edition, New York: Routledge, Taylor & Francis Ltd.
  • Layna Mosley. (no date) 'Room to Move: International Financial Markets and National Welfare States', in International Organization.
  • Bearce, David H.; Hart, Andrew F. (2017) 'International Labor Mobility and the Variety of Democratic Political Institutions', in International Organization. vol. 71 (1) , pp.65-95
  • Blanton, Robert G.; Blanton, Shannon L. (2012) 'Labor Rights and Foreign Direct Investment: Is There a Race to the Bottom?', in International Interactions. vol. 38 (3) , pp.267-294
  • Alesina, Alberto; Dollar, David. (2000) 'Who Gives Foreign Aid to Whom and Why?', in Journal of Economic Growth. vol. 5 (1) , pp.33-63
  • Jensen, Mads Dagnis; Snaith, Holly. (2016-10-20) 'When politics prevails: the political economy of a Brexit', in Journal of European Public Policy. vol. 23 (9) , pp.1302-1310
  • Jennifer Fitzgerald. (2014/07/25) 'Defying the Law of Gravity: The Political Economy of International Migration', in World Politics: Cambridge University Press. vol. 66 (3) , pp.406-445
  • Bermeo, Sarah Blodgett; Leblang, David. (2015) 'Migration and Foreign Aid', in International Organization. vol. 69 (3) , pp.627-657
  • Jeffry Frieden. (2017) The politics of the globalization backlash: Sources and implications: American Economics Association., pp.1-32
  • Franzese, Robert J. (2019) 'The Comparative and International Political Economy of Anti-Globalization Populism', in Oxford Research Encyclopedia of Politics.
  • Goodwin, Matthew; Milazzo, Caitlin. (2017-08) 'Taking back control? Investigating the role of immigration in the 2016 vote for Brexit', in The British Journal of Politics and International Relations. vol. 19 (3) , pp.450-464
  • Bermeo, Sarah Blodgett. (2017) 'Aid Allocation and Targeted Development in an Increasingly Connected World', in International Organization. vol. 71 (4) , pp.735-766
  • Adida, Claire L.; Girod, Desha M. (2011-01) 'Do Migrants Improve Their Hometowns? Remittances and Access to Public Services in Mexico, 1995-2000', in Comparative Political Studies. vol. 44 (1) , pp.3-27
  • Chohan, Usman W. (2020) 'A Post-Coronavirus World: 7 Points of Discussion for a New Political Economy', in SSRN Electronic Journal.
  • Becker, Sascha O; Fetzer, Thiemo; Novy, Dennis. (2017-10-01) 'Who voted for Brexit? A comprehensive district-level analysis', in Economic Policy. vol. 32 (92) , pp.601-650
  • Nathan M. Jensen. (2003) 'Democratic Governance and Multinational Corporations: Political Regimes and Inflows of Foreign Direct Investment', in International Organization. vol. 57 (3) , pp.587-616
  • Rodrik, Dani. (2018-6) 'Populism and the economics of globalization', in Journal of International Business Policy. vol. 1 (1-2) , pp.12-33
  • Nita Rudra. (no date) 'Globalization and the Decline of the Welfare State in Less Developed Countries', in International Organization.
  • Margaret E. Peters. (2015/01/14) 'Open Trade, Closed Borders: Immigration in the Era of Globalization', in World Politics: Cambridge University Press. vol. 67 (1) , pp.114-154
  • William Easterly. (2003) 'Can Foreign Aid Buy Growth?', in The Journal of Economic Perspectives. vol. 17 (3) , pp.23-48
  • Walter, Stefanie. (2010-06-07) 'Globalization and the Welfare State: Testing the Microfoundations of the Compensation Hypothesis', in International Studies Quarterly. vol. 54 (2) , pp.403-426
  • Briggs, Ryan C. (2017) 'Does Foreign Aid Target the Poorest?', in International Organization. vol. 71 (1) , pp.187-206
  • Milner, Helen V.; Mukherjee, Bumba. (2009-06) 'Democratization and Economic Globalization', in Annual Review of Political Science. vol. 12 (1) , pp.163-181
  • Kenneth F. Scheve; Matthew J. Slaughter. (2018) 'How to Save Globalization: Rebuilding America's Ladder of Opportunity', in Foreign Affairs. vol. 97 (6) , pp.98-112
  • Oatley, Thomas H. (2019) International political economy: international student edition, New York: Routledge, Taylor & Francis Ltd.

The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Weighting
Coursework   Contemporary issues - reaction paper  26/11/2021  30% 
Coursework   Take home test  16/12/2021  45% 
Practical   Contemporary issues - group presentation  03/12/2021  25% 

Overall assessment

Coursework Exam
100% 0%


Coursework Exam
100% 0%
Module supervisor and teaching staff
Dr Carolina Garriga, email: carolina.garriga@essex.ac.uk.
Dr Carolina Garriga carolina.garriga@essex.ac.uk Module Administrator: Edmund Walker govquery@essex.ac.uk



External examiner

Dr Mohammed Rodwan Abouharb
University College London
Available via Moodle
Of 571 hours, 20 (3.5%) hours available to students:
551 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).


Further information

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